Ferguson Wellman Capital Management Inc. Acquires 10,349 Shares of Uber Technologies, Inc. $UBER

Ferguson Wellman Capital Management Inc. raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 1.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 809,836 shares of the ride-sharing company’s stock after purchasing an additional 10,349 shares during the quarter. Uber Technologies accounts for 1.3% of Ferguson Wellman Capital Management Inc.’s portfolio, making the stock its 22nd largest holding. Ferguson Wellman Capital Management Inc.’s holdings in Uber Technologies were worth $79,340,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Foster Group Inc. raised its stake in Uber Technologies by 3.3% during the third quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock worth $330,000 after acquiring an additional 107 shares in the last quarter. Dumont & Blake Investment Advisors LLC grew its holdings in shares of Uber Technologies by 1.3% in the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 8,975 shares of the ride-sharing company’s stock worth $879,000 after purchasing an additional 115 shares during the last quarter. Realta Investment Advisors grew its holdings in shares of Uber Technologies by 2.9% in the 3rd quarter. Realta Investment Advisors now owns 4,018 shares of the ride-sharing company’s stock worth $394,000 after purchasing an additional 115 shares during the last quarter. Abacus Planning Group Inc. increased its position in shares of Uber Technologies by 2.8% during the 3rd quarter. Abacus Planning Group Inc. now owns 4,260 shares of the ride-sharing company’s stock worth $417,000 after purchasing an additional 117 shares in the last quarter. Finally, Ethos Financial Group LLC lifted its holdings in Uber Technologies by 3.9% during the 3rd quarter. Ethos Financial Group LLC now owns 3,092 shares of the ride-sharing company’s stock valued at $303,000 after purchasing an additional 117 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Robotaxi momentum — Uber, Lucid and Nuro revealed a robotaxi design at CES and Uber has anchored a robotaxi strategy that could use partner fleets rather than owning vehicles, a narrative investors view as margin-friendly and distribution-focused. Read More.
• Positive Sentiment: Near-term market reaction to robo-taxi news — multiple outlets note a surge in shares on robo-taxi optimism (with Tesla weakness as a comparative). That sentiment has driven fresh buying interest tied to the AV narrative. Read More.
• Positive Sentiment: Analyst bullishness — Wells Fargo raised its price target to $122 (overweight), implying substantial upside from current levels; other firms (Bank of America, Jefferies) have reiterated or maintained buy views citing AV partnerships and free cash‑flow potential. Read More.
• Positive Sentiment: Operational boost — Uber renewed its global maps deal with TomTom, which should improve routing precision and efficiency across the platform and supports margin/operating-leverage thesis. Read More.
• Neutral Sentiment: Margin-inflection thesis highlighted — market commentary frames Uber’s next leg as an operating‑leverage and margin story (distribution of AV fleets could help margins even if Uber doesn’t own vehicles). This is thematic and supportive longer-term, but not an immediate earnings event. Read More.
• Neutral Sentiment: Mixed media takes — outlets like Barron’s warn of headwinds and valuation questions, underscoring that enthusiasm for AVs is already priced into parts of the stock. Read as cautionary context rather than a direct catalyst. Read More.
• Negative Sentiment: Shareholder investigation — Berger Montague PC is investigating Uber’s board for potential breaches of fiduciary duty related to rider safety and driver background checks; litigation or governance concerns could pressure sentiment and add legal/PR risk. Read More.
• Negative Sentiment: Sell-side pushback — Melius Research cut its rating (reported as a “strong sell”), and that downgrade pressure has translated into short-term share weakness in some sessions. Keep an eye on whether other shops follow or defend their views. Read More.

Insider Buying and Selling at Uber Technologies

In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer owned 20,330 shares in the company, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $80.36, for a total value of $251,125.00. Following the transaction, the insider owned 175,423 shares in the company, valued at approximately $14,096,992.28. This trade represents a 1.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 14,875 shares of company stock valued at $1,348,818 in the last quarter. Corporate insiders own 3.84% of the company’s stock.

Wall Street Analyst Weigh In

UBER has been the topic of several research analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research note on Thursday, December 18th. Wall Street Zen raised Uber Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Wolfe Research dropped their price target on Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a report on Monday. Wedbush cut 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. Finally, Susquehanna restated a “positive” rating and set a $110.00 target price on shares of Uber Technologies in a report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $107.14.

Uber Technologies Stock Performance

Uber Technologies stock opened at $87.61 on Friday. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99. The company’s 50-day moving average is $86.78 and its two-hundred day moving average is $91.35. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. The company has a market cap of $182.04 billion, a PE ratio of 11.26 and a beta of 1.20.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, topping 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 business had revenue of $13.47 billion during the quarter, compared to the consensus estimate of $13.25 billion. During the same period in the previous year, the firm posted $1.20 earnings per share. Uber Technologies’s revenue for the quarter was up 20.4% compared to the same quarter last year. Equities analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

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.