Abner Herrman & Brock LLC decreased its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 32.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,830 shares of the ride-sharing company’s stock after selling 12,643 shares during the period. Abner Herrman & Brock LLC’s holdings in Uber Technologies were worth $2,111,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of UBER. Brant Point Investment Management LLC purchased a new position in Uber Technologies in the 2nd quarter valued at about $933,000. Spirepoint Private Client LLC increased its stake in Uber Technologies by 21.9% during the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock worth $7,331,000 after buying an additional 13,454 shares in the last quarter. Econ Financial Services Corp acquired a new position in shares of Uber Technologies during the third quarter valued at approximately $1,538,000. Transcendent Capital Group LLC acquired a new position in shares of Uber Technologies during the third quarter valued at approximately $1,859,000. Finally, Prudential PLC lifted its position in shares of Uber Technologies by 15.7% in the second quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock valued at $20,233,000 after acquiring an additional 29,359 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.
Analyst Ratings Changes
Several brokerages recently commented on UBER. Arete Research set a $125.00 price target on Uber Technologies and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Jefferies Financial Group restated a “buy” rating on shares of Uber Technologies in a report on Wednesday, January 7th. Citigroup reaffirmed a “buy” rating on shares of Uber Technologies in a report on Tuesday. DA Davidson reduced their target price on shares of Uber Technologies from $108.00 to $105.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. Finally, BTIG Research reissued a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $105.29.
Insiders Place Their Bets
In other news, insider Tony West sold 3,125 shares of the stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares of the company’s stock, valued at $14,744,764. This represents a 1.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were purchased at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the acquisition, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.84% of the stock is owned by insiders.
Uber Technologies Stock Down 1.6%
Shares of NYSE:UBER opened at $75.43 on Friday. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99. The stock has a market cap of $155.24 billion, a P/E ratio of 16.01, a PEG ratio of 7.03 and a beta of 1.22. The business has a fifty day moving average of $76.99 and a two-hundred day moving average of $86.06. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38.
Uber Technologies (NYSE:UBER – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The firm had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. During the same period in the previous year, the firm posted $3.21 EPS. The company’s revenue was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber agreed to invest up to $1.25B in Rivian and commit to buy up to 50,000 Rivian R2 robotaxis (10,000 in an initial phase) — a clear revenue/scale roadmap for its AV strategy that boosted sentiment and lifted peer Rivian’s stock. Uber to invest up to $1.25 billion in Rivian as part of robotaxi deal
- Positive Sentiment: Uber’s expanded Nvidia robotaxi partnership and other AV pilots provide a practical execution path toward high‑margin, driverless rides — a strategic positive for long‑term margins and investor upside. Uber’s stock powers higher as Nvidia robotaxi deal helps avert ‘doomsday’ scenario
- Positive Sentiment: Analyst support: BTIG reaffirmed a Buy and kept a $100 price target, giving institutional confirmation for the AV-driven upside thesis. BTIG Research Reaffirms “Buy” Rating for Uber Technologies (NYSE:UBER)
- Neutral Sentiment: Operational progress continues (Motional, Zoox and other pilots), but these remain early-stage for material revenue — useful execution evidence but not immediate EPS drivers. Uber, Motional Launch Las Vegas Service: Robotaxi Space Heating Up?
- Negative Sentiment: Insider selling: SVP Nikki Krishnamurthy sold 30,000 shares (~$2.23M), a signal some investors interpret as reduced near‑term insider conviction. SEC filing: Insider sale by Nikki Krishnamurthy
- Negative Sentiment: Labor and regulatory risk: ongoing driver strikes in markets like Lagos and heightened AV safety scrutiny (highlighted by a recent, high‑profile crash unrelated to Uber’s current program) add execution and reputational risk. Uber seeks dialogue as Lagos drivers continue strike Former Uber self-driving chief crashes his Tesla on FSD
- Negative Sentiment: Critical coverage: some analysts/columns turned more cautious on valuation and near-term execution, which can amplify profit‑taking after big PR-driven moves. Uber: I’ve Been Bullish For Years – Not Anymore
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.
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