Bar Harbor Wealth Management Buys Shares of 9,441 Uber Technologies, Inc. $UBER

Bar Harbor Wealth Management bought a new stake in Uber Technologies, Inc. (NYSE:UBER) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 9,441 shares of the ride-sharing company’s stock, valued at approximately $925,000.

A number of other hedge funds have also made changes to their positions in the stock. Kilter Group LLC acquired a new position in Uber Technologies in the 2nd quarter valued at approximately $26,000. West Oak Capital LLC acquired a new stake in shares of Uber Technologies during the 2nd quarter valued at $28,000. Truvestments Capital LLC boosted its stake in shares of Uber Technologies by 498.5% during the 1st quarter. Truvestments Capital LLC now owns 407 shares of the ride-sharing company’s stock valued at $30,000 after buying an additional 339 shares during the period. Trust Co. of Toledo NA OH purchased a new position in shares of Uber Technologies during the 2nd quarter valued at $30,000. Finally, Ransom Advisory Ltd acquired a new position in shares of Uber Technologies in the first quarter worth $31,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Up 0.2%

Shares of Uber Technologies stock opened at $81.14 on Thursday. The stock has a market capitalization of $168.60 billion, a P/E ratio of 10.43 and a beta of 1.19. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. The stock has a 50 day moving average price of $89.27 and a two-hundred day moving average price of $91.55. Uber Technologies, Inc. has a 12-month low of $60.02 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The company had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. During the same quarter last year, the firm posted $1.20 earnings per share. The company’s quarterly revenue was up 20.4% compared to the same quarter last year. Equities analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Analysts and commentators argue Uber’s scale in rideshare and delivery, accelerating user and trip growth, and improving profitability make the stock a buy; these pieces have supported buying interest. 3 Reasons to Buy Uber Stock Like There’s No Tomorrow
• Positive Sentiment: Follow-up coverage emphasizes the same buy case — network effects, rising trips/revenue, and an attractive current valuation relative to earnings power. Should You Invest $1,000 in Uber Right Now?
• Positive Sentiment: Opinion pieces on valuation argue UBER remains “way too cheap” given earnings prospects, reinforcing a growth-at-reasonable-price narrative that can attract value-oriented buyers. Uber: Way Too Cheap
• Positive Sentiment: Market chatter and TV commentary (CNBC Final Trades) noted recent session strength in UBER shares, contributing to intraday buying momentum. Uber, Toast And More On CNBC’s ‘Final Trades’
• Neutral Sentiment: Coverage of the autonomous-vehicle race includes Uber among players making AV bets — a long-horizon catalyst but with execution and capital-intensity risk. 3 Self-Driving Tech Stocks to Ride into 2026 as AV Race Heats Up
• Neutral Sentiment: Comparative pieces and broader market lists mention Uber versus peers; useful context but unlikely to move the stock materially on their own. Contrasting Metalpha Technology (NASDAQ:MATH) and Uber Technologies (NYSE:UBER)
• Negative Sentiment: Berger Montague PC announced an investigation into Uber’s board for potential breaches tied to rider safety and background checks — this raises governance, legal, and reputational risk that could pressure the stock if it leads to litigation or regulatory scrutiny. Berger Montague PC Investigates Uber Technologies, Inc.’s Board of Directors for Breach of Fiduciary Duty (NYSE: UBER)

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wedbush reduced their price objective on Uber Technologies from $84.00 to $78.00 and set a “neutral” rating for the company in a research report on Friday, December 19th. Arete Research set a $125.00 price target on Uber Technologies and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Morgan Stanley reduced their price target on Uber Technologies from $115.00 to $110.00 and set an “overweight” rating for the company in a report on Monday, December 8th. Mizuho began coverage on Uber Technologies in a research note on Monday, September 29th. They issued an “outperform” rating and a $130.00 price target for the company. Finally, Wells Fargo & Company cut their price objective on shares of Uber Technologies from $125.00 to $120.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $108.43.

Insiders Place Their Bets

In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total value of $519,255.00. Following the transaction, the chief financial officer owned 20,330 shares in the company, valued at $1,919,355.30. This trade represents a 21.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Tony West sold 3,125 shares of the business’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $80.36, for a total transaction of $251,125.00. Following the transaction, the insider directly owned 175,423 shares of the company’s stock, valued at approximately $14,096,992.28. This represents a 1.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 14,875 shares of company stock worth $1,348,818 over the last quarter. 3.84% of the stock is currently owned by company insiders.

Uber Technologies Profile

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.