Arizona State Retirement System Purchases 29,990 Shares of Uber Technologies, Inc. $UBER

Arizona State Retirement System lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 5.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 580,218 shares of the ride-sharing company’s stock after buying an additional 29,990 shares during the quarter. Arizona State Retirement System’s holdings in Uber Technologies were worth $56,844,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after acquiring an additional 2,474 shares during the period. Revolve Wealth Partners LLC lifted its holdings in Uber Technologies by 65.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after purchasing an additional 6,129 shares in the last quarter. Bison Wealth LLC boosted its stake in Uber Technologies by 20.3% in the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after purchasing an additional 641 shares during the period. Caxton Associates LLP purchased a new stake in Uber Technologies during the 1st quarter valued at approximately $304,000. Finally, Capital Investment Advisors LLC raised its position in shares of Uber Technologies by 33.0% during the second quarter. Capital Investment Advisors LLC now owns 5,889 shares of the ride-sharing company’s stock valued at $549,000 after buying an additional 1,461 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Performance

UBER stock opened at $81.71 on Friday. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month high of $101.99. The firm has a market cap of $169.79 billion, a price-to-earnings ratio of 10.50 and a beta of 1.20. The business’s fifty day simple moving average is $84.03 and its two-hundred day simple moving average is $90.32. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results 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 analyst estimates of $13.25 billion. During the same quarter in the previous year, the business earned $1.20 earnings per share. Uber Technologies’s quarterly revenue was up 20.4% on a year-over-year basis. Analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Wall Street Analyst Weigh In

UBER has been the topic of several research analyst reports. Arete Research set a $125.00 price target on shares of Uber Technologies and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. BTIG Research reaffirmed a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Thursday, January 15th. Guggenheim reissued a “buy” rating and set a $135.00 price target on shares of Uber Technologies in a research note on Thursday, January 22nd. Wells Fargo & Company lifted their price objective on Uber Technologies from $120.00 to $122.00 and gave the stock an “overweight” rating in a research note on Thursday, January 8th. Finally, KeyCorp decreased their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $107.50.

More Uber Technologies News

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

• Positive Sentiment: Uber committed up to $500M to Waabi’s funding round, backing the startup’s expansion from autonomous trucking into robotaxis and a plan to scale thousands of vehicles — a long‑term growth catalyst for Uber’s mobility margins and capital-light robotaxi exposure. Uber Plows $500M into Self-Driving Startup Waabi
• Positive Sentiment: Uber launched an “AV Labs” division to gather driving data for robotaxi partners — a practical step to monetize data, speed development of autonomy partners, and de‑risk tech integration. Uber launches an ‘AV Labs’ division
• Neutral Sentiment: Analysts are mixed ahead of Q4: revenue growth expectations remain solid (~19% in one preview) but EPS is forecast to decline, leaving the upcoming report a key short‑term catalyst that could swing sentiment either way. Uber Q4 Earnings on Deck
• Neutral Sentiment: Broader AI/security chatter (e.g., viral assistants and AI-agent ratings) is raising cybersecurity conversations in tech ecosystems; relevance to Uber is indirect but adds background noise to risk assessment. Crypto loves Clawdbot/Moltbot, Uber ratings for AI agents
• Negative Sentiment: Security and governance scrutiny resurfaced after legal commentary linking past ex‑employee issues and SolarWinds lessons to data‑security risks — a reminder investors price into technology and partner risk. Cases of Ex-Uber Officer, SolarWinds Offer Data Security Lessons
• Negative Sentiment: Uber faces legal and reputational pressure: the company denied liability in a sexual‑assault trial and personal‑injury practices are expanding Uber‑related case focus — ongoing litigation risk that can weigh on multiple quarters. Uber denies liability for drivers in sexual assault trial
• Negative Sentiment: Short‑term equity pressure: coverage noted Uber as a laggard in some funds and recent sessions showed a larger dip than the broader market, reflecting investor caution ahead of earnings and on macro/competitive risks. Uber Sees a More Significant Dip Than Broader Market
• Negative Sentiment: Local legal exposure: a law firm announced expanded focus on pedestrian/truck/Uber accident cases in Arizona, highlighting persistent regional liability exposure as ride and delivery volumes grow. Warnock Law Expands Focus on Uber Accident Cases

Insider Transactions at Uber Technologies

In other news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the business’s stock in a transaction dated 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 owned 20,330 shares in the company, 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 SEC, which can be accessed through this hyperlink. Also, insider Tony West sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. The trade was a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 14,875 shares of company stock valued at $1,319,130. 3.84% of the stock is owned by insiders.

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.