Cerity Partners LLC Has $98.49 Million Holdings in Uber Technologies, Inc. $UBER

Cerity Partners LLC lifted its stake in Uber Technologies, Inc. (NYSE:UBER) by 1.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,005,344 shares of the ride-sharing company’s stock after purchasing an additional 16,307 shares during the quarter. Cerity Partners LLC’s holdings in Uber Technologies were worth $98,493,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Westend Capital Management LLC purchased a new position in shares of Uber Technologies during the 3rd quarter valued at $27,000. Kilter Group LLC purchased a new position in Uber Technologies in the second quarter valued at about $26,000. West Oak Capital LLC acquired a new position in Uber Technologies in the 2nd quarter worth about $28,000. Trust Co. of Toledo NA OH purchased a new stake in shares of Uber Technologies during the 2nd quarter worth about $30,000. Finally, Total Investment Management Inc. acquired a new stake in shares of Uber Technologies during the 2nd quarter valued at about $32,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Trading Up 0.8%

Shares of UBER stock opened at $86.19 on Thursday. The firm has a market capitalization of $179.09 billion, a P/E ratio of 11.08 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 firm’s fifty day simple moving average is $86.96 and its 200 day simple moving average is $91.37. 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 (NYSE:UBER) last posted its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $2.44. The company had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The business’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period last year, the business posted $1.20 EPS. As a group, sell-side analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Key Uber Technologies News

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

• Positive Sentiment: Uber, Lucid and Nuro unveiled a production-intent robotaxi at CES and have begun on-road testing with plans to launch a robotaxi service this year — a development that could meaningfully expand Uber’s SAM (serviceable addressable market) and long-term margins. Uber & Partners Reveal Robotaxi Design at CES
• Positive Sentiment: Jefferies reiterated a Buy rating, calling the recent pullback — driven by renewed AV concerns — an attractive entry point given limited near-term competitive impact from AVs. That analyst stance supports the rebound narrative. Uber Technologies pullback creates buying opportunity, says Jefferies analysts
• Positive Sentiment: Bank of America reiterated a bullish view (Buy), citing AV partnerships and free-cash-flow valuation upside — another institutional endorsement helping drive demand. Uber: Buy Rating Backed by Autonomous Vehicle Partnerships
• Neutral Sentiment: TomTom renewed/strengthened its mapping partnership with Uber to integrate maps and live services across Uber’s platform — operationally supportive but lower-impact on near-term earnings. TomTom and Uber strengthen ties
• Neutral Sentiment: Several media pieces and analyst-roundup articles revisit Uber’s 3‑year outlook and valuation tradeoffs (growth vs. AV uncertainty), offering mixed views—useful for strategy but not immediate catalysts. Where Will Uber Technologies Stock Be in 3 Years?
• Negative Sentiment: Berger Montague launched an investigation into Uber’s board for potential breaches of fiduciary duty tied to rider safety and background-check oversight — a governance/legal risk that could increase liabilities or negative headlines. Berger Montague investigation alert
• Negative Sentiment: Melius Research downgraded UBER to Sell and media noted an immediate share decline after the downgrade, highlighting that some analysts remain concerned about valuation and execution risks. Uber Rating Lowered to Sell at Melius
• Negative Sentiment: Bloomberg Law reported Uber failed to delay a sexual-assault trial or block a related ad campaign — ongoing litigation and reputational matters can pressure sentiment and increase legal costs. Uber fails to delay sexual-assault trial

Insider Activity

In other news, insider Tony West sold 3,125 shares of the business’s stock in a transaction that occurred 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 sale, the insider directly owned 175,423 shares in the company, valued at approximately $14,096,992.28. The trade was a 1.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value 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. This trade represents a 21.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 14,875 shares of company stock worth $1,348,818 over the last 90 days. Corporate insiders own 3.84% of the company’s stock.

Analyst Upgrades and Downgrades

UBER has been the topic of a number of research reports. Morgan Stanley dropped their price objective on Uber Technologies from $115.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, December 8th. Wells Fargo & Company cut their price target on shares of Uber Technologies from $125.00 to $120.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. DA Davidson lifted their price objective on shares of Uber Technologies from $102.00 to $108.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Melius Research set a $73.00 target price on shares of Uber Technologies in a research report on Monday. Finally, Wolfe Research reduced their price target on Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $107.33.

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.