<div id="readability-page-1"><p>1248 Management LLC cut its position in shares of  Uber Technologies, Inc. (NYSE:UBER - Free Report) by 85.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,895 shares of the ride-sharing company's stock after selling 81,937 shares during the quarter. 1248 Management LLC's holdings in Uber Technologies were worth $1,296,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Uber Technologies</strong> alerts:</span></p></div><ul><li>Kroger Stock Analysis: Digital Pivot, Dividend Safety &amp; 2026 Growth Plan</li></ul><p>Several other institutional investors have also recently added to or reduced their stakes in the business. National Bank of Canada FI boosted its holdings in shares of  Uber Technologies by 38.4% in the 2nd quarter. National Bank of Canada FI now owns 2,130,801 shares of the ride-sharing company's stock valued at $198,768,000 after buying an additional 591,689 shares during the period.  FORA Capital LLC acquired a new position in  Uber Technologies in the second quarter valued at approximately $2,706,000.  Winslow Asset Management Inc. boosted its stake in  Uber Technologies by 1.1% in the second quarter. Winslow Asset Management Inc. now owns 152,684 shares of the ride-sharing company's stock valued at $14,245,000 after acquiring an additional 1,698 shares during the period.  MayTech Global Investments LLC grew its holdings in shares of  Uber Technologies by 7.7% during the second quarter. MayTech Global Investments LLC now owns 342,282 shares of the ride-sharing company's stock valued at $31,583,000 after purchasing an additional 24,362 shares during the last quarter.  Finally, CANADA LIFE ASSURANCE Co raised its position in shares of  Uber Technologies by 10.9% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 2,133,169 shares of the ride-sharing company's stock worth $199,262,000 after purchasing an additional 210,278 shares during the period. Institutional investors own  80.24% of the company's stock. </p><h2>Uber Technologies Stock Down 0.4%</h2><p>UBER stock opened at $85.13 on Friday. The firm has a market cap of $176.88 billion, a PE ratio of 10.94 and a beta of 1.19. Uber Technologies, Inc. has a 12 month low of $59.33 and a 12 month high of $101.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a 50 day simple moving average of $91.78 and a 200 day simple moving average of $91.78. </p><ul><li>Uber Gets a Street-High Upgrade as Robotaxis Roll Out in Dallas</li></ul><p>Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $2.44. The company had revenue of $13.47 billion for the quarter, compared to analysts' expectations of $13.25 billion. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The firm's revenue was up 20.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.20 earnings per share.  Equities research analysts forecast that  Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year. </p><h2>Analyst Ratings Changes</h2><p>A number of research firms recently issued reports on UBER. Citigroup  restated a &#34;market perform&#34; rating on shares of Uber Technologies in a research report on Wednesday. Arete Research  set a $125.00 price target on shares of Uber Technologies and gave the company a &#34;buy&#34; rating in a report on Wednesday, December 3rd. Wells Fargo &amp; Company dropped their price objective on shares of Uber Technologies from $125.00 to $120.00 and set an &#34;overweight&#34; rating on the stock in a report on Wednesday, November 5th. BMO Capital Markets cut their price objective on shares of Uber Technologies from $113.00 to $106.00 and set an &#34;outperform&#34; rating on the stock in a research report on Wednesday, November 5th. Finally, TD Cowen upped their target price on shares of Uber Technologies from $108.00 to $114.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have issued  a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $108.60.</p><ul><li>From Science Project to Solvent: WeRide’s 761% Revenue Surge</li></ul><p><b>Read Our Latest Report on Uber Technologies</b></p><h2>Insider Transactions at Uber Technologies</h2><p>In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the business's stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total transaction of $519,255.00. Following the sale, the chief financial officer owned 20,330 shares in the company, valued at approximately $1,919,355.30. The trade was a 21.29% decrease in their position. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through this hyperlink. Also, CEO Dara Khosrowshahi sold 150,000 shares of the firm's stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $100.48, for a total transaction of $15,072,000.00. Following the completion of the transaction, the chief executive officer owned 982,544 shares of the company's stock, valued at approximately $98,726,021.12. The trade was a 13.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 267,625 shares of company stock valued at $26,774,660 over the last three months. Company insiders own  3.84% of the company's stock. </p><h2>Uber Technologies 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>3 Healthcare Dividend Stocks to Buy</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>What is a Bond Market Holiday? How to Invest and Trade</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>What is the Australian Securities Exchange (ASX) </li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li></ul><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 reporting and unbiased coverage. 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>1248 Management LLC reduced its stake in Uber Technologies by 85.5% in Q2, selling 81,937 shares. Other institutional investors like National Bank of Canada FI and CANADA LIFE ASSURANCE Co increased their holdings. Uber's stock opened at $85.13, with a market cap of $176.88 billion. Analysts have given Uber a consensus rating of 'Moderate Buy' with a price target of $108.60. Uber's Q3 earnings exceeded expectations with $3.11 EPS and $13.47 billion revenue.</p>

Uber Technologies, Inc. $UBER Shares Sold by 1248 Management LLC