Cambiar Investors LLC Lowers Holdings in Uber Technologies, Inc. $UBER

Cambiar Investors LLC cut its stake in Uber Technologies, Inc. (NYSE:UBER) by 15.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 657,288 shares of the ride-sharing company’s stock after selling 120,058 shares during the quarter. Uber Technologies accounts for about 2.9% of Cambiar Investors LLC’s investment portfolio, making the stock its 2nd largest holding. Cambiar Investors LLC’s holdings in Uber Technologies were worth $64,395,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Brant Point Investment Management LLC bought a new stake in shares of Uber Technologies during the 2nd quarter valued at $933,000. Econ Financial Services Corp purchased a new position in Uber Technologies during the third quarter valued at $1,538,000. Spirepoint Private Client LLC grew its holdings in Uber Technologies by 21.9% during the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after purchasing an additional 13,454 shares during the period. Munro Partners purchased a new stake in Uber Technologies in the second quarter worth about $96,294,000. Finally, Prudential PLC raised its stake in Uber Technologies by 15.7% during the 2nd quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock worth $20,233,000 after acquiring an additional 29,359 shares during the period. 80.24% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Uber Technologies

In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total transaction of $519,255.00. Following the transaction, the chief financial officer directly owned 20,330 shares in the company, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. The trade was a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 14,875 shares of company stock worth $1,319,130. Insiders own 3.70% of the company’s stock.

Uber Technologies Trading Down 1.0%

UBER opened at $81.19 on Wednesday. The stock has a 50-day moving average of $84.25 and a 200 day moving average of $90.46. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a 12 month low of $60.63 and a 12 month high of $101.99. The firm has a market cap of $168.70 billion, a P/E ratio of 10.44 and a beta of 1.20.

Uber Technologies (NYSE:UBER) last announced its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The firm had revenue of $13.47 billion during the quarter, compared to analysts’ expectations of $13.25 billion. During the same quarter in the previous year, the business earned $1.20 EPS. The company’s quarterly revenue was up 20.4% on a year-over-year basis. As a group, research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. DA Davidson increased their price objective on shares of Uber Technologies from $102.00 to $108.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. BTIG Research reissued a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a report on Thursday, January 15th. KeyCorp dropped their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. UBS Group set a $122.00 target price on Uber Technologies and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research note on Thursday, December 18th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $107.50.

Key Headlines Impacting Uber Technologies

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Uber launched an “AV Labs” division to aggregate driving data for its robotaxi partners — a move that strengthens its position as a data hub for autonomous-vehicle ecosystems and could create new revenue/partnership leverage. Uber launches an ‘AV Labs’ division to gather driving data for robotaxi partners MSN: Uber launches an ‘AV Labs’ division
• Positive Sentiment: A Dutch court ruled that Uber drivers are contractors, not employees — a ruling that, if it holds across more jurisdictions, reduces potential labor-cost liabilities and pension/employment expense exposure. Uber Drivers Aren’t Employees but Contractors, Dutch Court Rules
• Positive Sentiment: Institutional buying: Bensler LLC increased its Uber stake to about $12.1M, signaling continued investor interest from some money managers. Bensler LLC Has $12.11 Million Stock Position in Uber Technologies, Inc.
• Neutral Sentiment: Investor letters note Uber is exposed to the autonomous-vehicle narrative — keeping sentiment tied to AV progress rather than core rideshare fundamentals. This is thematic and price-sensitive to AV milestones. Uber Technologies (UBER): Impacted by Autonomous-Vehicle Related Narrative
• Neutral Sentiment: Analysts (Wedbush) urge caution heading into Q4 earnings across mobility/delivery peers — a cautious tone that can amplify short-term volatility around Uber’s results. Riding Into Uber, Lyft Q4 Earnings With ‘Caution’
• Negative Sentiment: Uber is defending itself in a sexual-assault trial where the company denies liability for drivers — an ongoing legal episode that raises reputational and potential financial risk if rulings or damages go against Uber. Uber denies liability for drivers in sexual assault trial
• Negative Sentiment: Berger Montague opened a shareholder probe into Uber’s board for possible fiduciary breaches tied to rider safety and background-check oversight — heightened governance/legal scrutiny that can pressure the stock. INVESTIGATION ALERT: Berger Montague PC Investigates Uber Technologies, Inc.’s Board
• Negative Sentiment: Competitive risk: Lyft is developing a teen-rides feature to close gaps with Uber — incremental competitive pressure in core rideshare demand/market-share dynamics. Lyft Working on Teen Rides Feature as It Plays Catch-Up With Uber
• Negative Sentiment: Fund commentary listed Uber as a laggard in certain large-cap growth portfolios, highlighting near-term underperformance risk versus peers. Uber Technologies (UBER) was the worst performer: NewBridge Large Cap Growth Equity

About Uber Technologies

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.