Daymark Wealth Partners LLC Has $2 Million Stock Position in Uber Technologies, Inc. $UBER

Daymark Wealth Partners LLC increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 83.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,432 shares of the ride-sharing company’s stock after buying an additional 9,302 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Uber Technologies were worth $2,002,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes 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 bought a new stake in Uber Technologies during the third quarter valued at about $1,538,000. Munro Partners purchased a new position in shares of Uber Technologies in the second quarter valued at about $96,294,000. Prudential PLC boosted its stake in shares of Uber Technologies by 15.7% in the second 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. Finally, Panagora Asset Management Inc. grew its position in shares of Uber Technologies by 1.7% during the second quarter. Panagora Asset Management Inc. now owns 2,082,067 shares of the ride-sharing company’s stock worth $194,257,000 after purchasing an additional 35,418 shares in the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on UBER. Wells Fargo & Company dropped their price target on Uber Technologies from $125.00 to $120.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Cowen restated a “buy” rating on shares of Uber Technologies in a research report on Wednesday, November 5th. Needham & Company LLC reiterated a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a report on Tuesday, November 4th. BTIG Research reissued a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a report on Tuesday, November 4th. Finally, Erste Group Bank lowered Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and an average target price of $107.33.

Key Uber Technologies News

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

• Positive Sentiment: CES robotaxi reveal supports Uber’s autonomous mobility strategy and signals progress toward commercial launch later this year — the production-intent Lucid/Nuro vehicle and Uber-designed cabin aim to accelerate revenue from ride-hailing without drivers. This is Uber’s new robotaxi from Lucid and Nuro Uber Unveils Its ‘Most Luxurious Robotaxi’ Lucid, Nuro, Uber debut robotaxi ahead of launch this year Lucid, Nuro, and Uber Unveil Global Robotaxi at CES
• Positive Sentiment: Third-party coverage and bullish research pieces highlight scale + profitability narrative and upside forecasts, supporting longer-term multiple expansion for growth investors. Why Wall Street Expects This Growth Stock to Soar 84% in 2026
• Positive Sentiment: Recent reported institutional purchases (CV Advisors, Suncoast Equity Management) indicate some investor conviction and incremental demand for shares. CV Advisors LLC Invests in Uber Technologies Suncoast Equity Management Invests $17.33 Million in Uber
• Neutral Sentiment: Longer-term opinion pieces weigh in on where UBER could be in 5 years — useful for strategic investors but not immediate price drivers. Where Will Uber Stock Be in 5 Years?
• Neutral Sentiment: TV/market shows (CNBC) discussed UBER in daily calls — may influence short-term trader interest but not a fundamental shift. Calls of the Day: Uber, Netflix and Disney
• Negative Sentiment: Melius Research downgraded UBER to Sell with a $73 price target, citing intensifying robotaxi competition — analyst downgrades often trigger near-term selling and weigh on sentiment. Uber Stock Is Cut to Sell as Robo-Taxi Competition Heats Up
• Negative Sentiment: A shareholder-law firm launched an investigation into Uber’s board over potential oversight failures related to rider safety and background checks — introduces legal/regulatory risk and potential distraction for management. Berger Montague PC Investigates Uber’s Board

Insiders Place Their Bets

In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies 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 completion of the transaction, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. The trade was a 21.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tony West sold 3,125 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $80.36, for a total transaction of $251,125.00. Following the transaction, the insider owned 175,423 shares in the company, valued at $14,096,992.28. The trade was a 1.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 14,875 shares of company stock worth $1,348,818 in the last quarter. Company insiders own 3.70% of the company’s stock.

Uber Technologies Trading Down 2.6%

Shares of UBER stock opened at $80.72 on Tuesday. The company has a market cap of $167.72 billion, a PE ratio of 10.37 and a beta of 1.20. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99. The stock’s 50 day simple moving average is $87.35 and its two-hundred day simple moving average is $91.40. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15.

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. Research analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

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.