Aviance Capital Partners LLC Has $5.32 Million Holdings in Uber Technologies, Inc. $UBER

Aviance Capital Partners LLC lessened its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 20.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,281 shares of the ride-sharing company’s stock after selling 13,530 shares during the period. Aviance Capital Partners LLC’s holdings in Uber Technologies were worth $5,318,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of UBER. Foster Group Inc. boosted its position in shares of Uber Technologies by 3.3% during the 3rd quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock valued at $330,000 after acquiring an additional 107 shares during the last quarter. Quent Capital LLC raised its stake in Uber Technologies by 3.3% in the third quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock worth $343,000 after buying an additional 111 shares in the last quarter. Dumont & Blake Investment Advisors LLC raised its holdings in Uber Technologies by 1.3% in the third 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 in the last quarter. Realta Investment Advisors grew its position 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 buying an additional 115 shares during the period. Finally, Abacus Planning Group Inc. increased its position in 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 valued at $417,000 after buying an additional 117 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $84.90 on Friday. The stock has a market capitalization of $176.41 billion, a price-to-earnings ratio of 10.91 and a beta of 1.20. Uber Technologies, Inc. has a 12 month low of $60.63 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 business has a 50-day moving average of $85.59 and a 200 day moving average of $91.09.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, topping the consensus estimate 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 quarter in the previous 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. As a group, sell-side analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: BNP Paribas/Exane initiated coverage and upgraded Uber to a strong‑buy / began coverage — institutional attention and a bullish research view can drive demand and support the stock. TickerReport Coverage
• Positive Sentiment: Kroger partnership: nearly 2,700 Kroger stores are now available on Uber Eats, Uber and Postmates — expands grocery delivery footprint, ups take rates and order density for delivery economics. PR Newswire: Kroger Launch
• Positive Sentiment: Analyst support continues: BTIG reaffirmed a Buy with a $100 price target and other firms (Mizuho, others) remain bullish — helps near‑term sentiment and can sustain buying interest. Benzinga Analyst Note
• Neutral Sentiment: Coverage pieces and bullish writeups (Zacks, Motley Fool, Seeking Alpha) pitch Uber as a growth/value opportunity given recent selloffs and emerging tech tailwinds — these amplify the bull case but don’t add new operational data. Zacks Growth Score
• Neutral Sentiment: Strategic wins abroad: reporting on Uber’s Japan push (NYT feature) highlights long‑term TAM expansion but benefits will accrue gradually and depend on local execution. NYT: Japan Strategy
• Negative Sentiment: Labor/reputation/legal pressure: NYC alleges DoorDash/Uber shorted drivers on ~$550M in tips — potential for fines, tighter regulation and PR damage that can increase operating costs and complicate driver relations. Bloomberg Law: Tip Allegation
• Negative Sentiment: Criticism of ballot initiative: LA Times op‑ed accuses Uber of pushing a consumer‑facing ballot measure that mainly protects company economics — could complicate public perception and local regulatory fights. LA Times Opinion

Insider Transactions at Uber Technologies

In other 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 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. This represents a 21.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Tony West sold 3,125 shares of the business’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $80.36, for a total transaction of $251,125.00. Following the completion of the sale, the insider directly owned 175,423 shares of the company’s stock, valued at approximately $14,096,992.28. This trade represents a 1.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 14,875 shares of company stock valued at $1,348,818 over the last ninety days. 3.84% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Melius cut shares of Uber Technologies from a “hold” rating to a “sell” rating and set a $73.00 target price on the stock. in a report on Monday, January 5th. Piper Sandler set a $107.00 target price on Uber Technologies in a research report on Wednesday, November 5th. UBS Group set a $122.00 target price on Uber Technologies and gave the stock a “buy” rating in a report on Wednesday, November 5th. Morgan Stanley dropped their price objective on Uber Technologies from $115.00 to $110.00 and set an “overweight” rating for the company in a report on Monday, December 8th. Finally, Truist Financial increased their price objective on Uber Technologies from $96.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $107.18.

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.