<div id="readability-page-1"><p>Douglas Lane &amp; Associates LLC reduced its stake in shares of  Uber Technologies, Inc. (NYSE:UBER - Free Report) by 9.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 269,228 shares of the ride-sharing company's stock after selling 27,960 shares during the period. Douglas Lane &amp; Associates LLC's holdings in Uber Technologies were worth $25,119,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Uber Technologies</strong> alerts:</span></p></div><ul><li>The Uber Eats Partnership Fueling Serve Robotics' Growth</li></ul><p>Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC grew its position in  Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company's stock valued at $4,491,000 after acquiring an additional 2,474 shares in the last quarter.  Revolve Wealth Partners LLC grew its position in  Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company's stock valued at $939,000 after acquiring an additional 6,129 shares in the last quarter.  Bank Pictet &amp; Cie Europe AG acquired a new stake in  Uber Technologies in the fourth quarter valued at approximately $395,000.  Bison Wealth LLC grew its position in  Uber Technologies by 20.3% in the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company's stock valued at $229,000 after acquiring an additional 641 shares in the last quarter.  Finally, ProShare Advisors LLC grew its position in shares of  Uber Technologies by 16.6% during the fourth quarter. ProShare Advisors LLC now owns 346,654 shares of the ride-sharing company's stock worth $20,910,000 after buying an additional 49,243 shares in the last quarter. Hedge funds and other institutional investors own  80.24% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of research firms have recently weighed in on UBER. KeyCorp raised their price target on shares of Uber Technologies from $90.00 to $110.00 and gave the stock an &#34;overweight&#34; rating in a research report on Monday, July 14th. Tigress Financial  set a $110.00 price objective on shares of Uber Technologies and gave the stock a &#34;buy&#34; rating in a report on Friday, May 23rd. Loop Capital  reaffirmed a &#34;buy&#34; rating and issued a $105.00 price objective (up previously from $89.00) on shares of Uber Technologies in a report on Wednesday, May 21st. Needham &amp; Company LLC lifted their price objective on shares of Uber Technologies from $100.00 to $109.00 and gave the stock a &#34;buy&#34; rating in a report on Monday, July 14th. Finally, UBS Group lifted their price objective on shares of Uber Technologies from $115.00 to $117.00 and gave the stock a &#34;buy&#34; rating in a report on Thursday, August 7th. One investment analyst  has rated the stock with a Strong Buy rating, twenty-nine have issued  a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat, Uber Technologies presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $103.06.</p><ul><li>These 3 Chinese Stocks Could Be a Ticking Time Bomb of Growth</li></ul><p><b>View Our Latest Stock Analysis on Uber Technologies</b></p><h2>Insider Activity at Uber Technologies</h2><p>In related news, SVP Nikki Krishnamurthy sold 11,571 shares of Uber Technologies stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $91.74, for a total transaction of $1,061,523.54. Following the sale, the senior vice president directly owned 416,222 shares in the company, valued at $38,184,206.28. The trade was a 2.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $95.00, for a total transaction of $296,875.00. Following the sale, the insider owned 170,269 shares in the company, valued at approximately $16,175,555. This represents a 1.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 48,696 shares of company stock valued at $4,632,774 in the last ninety days. Company insiders own  3.84% of the company's stock. </p><h2>Uber Technologies Stock Performance</h2><ul><li>Baidu Teams With Uber and Lyft on Robotaxis—Stock Upside Ahead?</li></ul><p>UBER stock opened at $95.90 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a market capitalization of $199.99 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 1.09 and a beta of 1.43. Uber Technologies, Inc. has a 1 year low of $59.33 and a 1 year high of $97.71. The stock's fifty day moving average is $92.62 and its two-hundred day moving average is $84.64. </p><p>Uber Technologies (NYSE:UBER - Get Free Report) last posted its earnings results on Wednesday, August 6th. The ride-sharing company reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.02. The company had revenue of $12.65 billion for the quarter, compared to analysts' expectations of $12.45 billion. Uber Technologies had a return on equity of 59.96% and a net margin of 26.68%.The firm's quarterly revenue was up 18.2% compared to the same quarter last year. During the same period last year, the business posted $0.47 earnings per share.  On average, research analysts predict that  Uber Technologies, Inc. will post 2.54 EPS for the current year. </p><h2>Uber Technologies Company Profile</h2> (Free Report)<p>Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Uber Technologies</li><li>What is a Special Dividend?</li><li>Ride the Luxury Retail Wave with These 3 High-End Brand Stocks</li><li>Most Volatile Stocks, What Investors Need to Know</li><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li><li>How to Invest in Biotech Stocks</li><li>Meta's $600B U.S. Investment: Bearish or Bullish for Shares? </li></ul><p><strong>Want to see what other hedge funds are holding UBER?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVVCRVI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVVCRVI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Uber Technologies Right Now?</h2><p>Before you consider Uber Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Uber Technologies wasn't on the list.</p><p>While Uber Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

UBER

<p>Douglas Lane & Associates LLC has reduced its stake in Uber Technologies, Inc. by 9.4% during Q2, now holding 269,228 shares valued at $25.1 million. Other hedge funds have also adjusted their positions, with Brighton Jones LLC increasing its stake by 3.4%. Analysts have raised price targets for Uber, with an average target of $103.06 and a consensus rating of "Moderate Buy." Recent insider sales include SVP Nikki Krishnamurthy selling 11,571 shares. Uber's stock opened at $95.90, with a debt-to-equity ratio of 0.41.</p>

Douglas Lane & Associates LLC Cuts Stake in Uber Technologies, Inc. $UBER