63,433 Shares in Uber Technologies, Inc. $UBER Acquired by JCIC Asset Management Inc.

JCIC Asset Management Inc. bought a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 63,433 shares of the ride-sharing company’s stock, valued at approximately $6,215,000. Uber Technologies makes up 1.9% of JCIC Asset Management Inc.’s portfolio, making the stock its 17th largest position.

Other institutional investors also recently added to or reduced their stakes in the company. Brant Point Investment Management LLC acquired a new position in Uber Technologies in the second quarter worth approximately $933,000. Econ Financial Services Corp bought a new stake in shares of Uber Technologies during the 3rd quarter worth $1,538,000. Spirepoint Private Client LLC grew its holdings in shares of Uber Technologies by 21.9% in the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock worth $7,331,000 after acquiring an additional 13,454 shares during the last quarter. Munro Partners acquired a new position in shares of Uber Technologies in the 2nd quarter worth $96,294,000. Finally, Prudential PLC raised its position in shares of Uber Technologies by 15.7% during the second quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock worth $20,233,000 after purchasing an additional 29,359 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Activity at Uber Technologies

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 20,330 shares in the company, valued at $1,919,355.30. The trade was a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 completion of the sale, the insider directly owned 175,423 shares of the company’s stock, valued at $14,096,992.28. This represents a 1.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 11,750 shares of company stock valued at $1,058,193. 3.84% of the stock is currently owned by company insiders.

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

Uber Technologies Trading Up 0.6%

Uber Technologies stock opened at $84.90 on Monday. Uber Technologies, Inc. has a 12 month low of $60.63 and a 12 month high of $101.99. 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 market cap of $176.41 billion, a P/E ratio of 10.91 and a beta of 1.20. The company’s fifty day simple moving average is $85.59 and its 200-day simple moving average is $91.08.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, beating 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 last year, the firm earned $1.20 earnings per share. The business’s revenue for the quarter was up 20.4% on a year-over-year basis. As a group, sell-side analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on UBER shares. Erste Group Bank cut Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Citigroup reissued a “market perform” rating on shares of Uber Technologies in a research report on Wednesday, December 10th. Arete Research set a $125.00 price target on shares of Uber Technologies and gave the company a “buy” rating in a report on Wednesday, December 3rd. Royal Bank Of Canada set a $110.00 price objective on shares of Uber Technologies in a research note on Wednesday, November 5th. Finally, Wells Fargo & Company lifted their price objective on shares of Uber Technologies from $120.00 to $122.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $107.18.

Uber Technologies Company 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.