Baker Chad R grew its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 96.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,875 shares of the ride-sharing company’s stock after buying an additional 19,090 shares during the period. Baker Chad R’s holdings in Uber Technologies were worth $3,192,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies in the 3rd quarter valued at $25,000. Kilter Group LLC acquired a new stake in Uber Technologies during the 2nd quarter worth about $26,000. Westend Capital Management LLC acquired a new stake in Uber Technologies during the 3rd quarter worth about $27,000. Total Investment Management Inc. purchased a new stake in Uber Technologies during the 2nd quarter valued at about $32,000. Finally, Imprint Wealth LLC purchased a new stake in Uber Technologies during the 3rd quarter valued at about $32,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.
Uber Technologies Stock Down 3.4%
Shares of UBER opened at $70.59 on Friday. The company has a market capitalization of $144.21 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 6.69 and a beta of 1.22. Uber Technologies, Inc. has a 52 week low of $60.63 and a 52 week high of $101.99. The stock’s 50-day moving average price is $75.80 and its 200-day moving average price is $85.38. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38.
Insider Activity
In other news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Tony West sold 3,125 shares of the stock in a transaction 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 sale, the insider directly owned 176,584 shares in the company, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 3.84% of the company’s stock.
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Partnership with Ibotta to deliver multi‑year digital promotions across Uber’s U.S. grocery and retail ecosystem could boost marketplace engagement and monetization of grocery/retail transactions. Uber Joins the Ibotta Performance Network in Exclusive, Multi-Year Partnership
- Positive Sentiment: Uber expanding space at 3 World Trade Center (building now ~89% leased) signals a commitment to NYC operations and executive/engineering consolidation that could help talent retention and productivity. Uber expansion at 3 World Trade Center a boon to local economy
- Positive Sentiment: Uber teamed with Pony.ai and Verne to launch Europe’s first commercial robotaxi service in Zagreb — a strategic step toward international autonomous mobility and potential future margin expansion if it scales. Uber, Pony.ai and Verne team up to launch Europe’s first robotaxi service in Croatia
- Neutral Sentiment: Rivian’s large EV supply deal with Uber (reported separately) supports Uber’s electrification goals but implies material vehicle commitments/capex timing that are mixed for near‑term free cash flow. Will Rivian’s Deal With Uber, New R2 Model Jumpstart the Stock?
- Neutral Sentiment: Reports that Uber is close to acquiring premium chauffeur service Blacklane could lift long‑term average fares and margins but is still speculative. Uber’s Blacklane Move And What It Could Mean For UBER’s Valuation
- Neutral Sentiment: News about UberDoc going public is unrelated to NYSE:UBER and can be disregarded for Uber Technologies’ share moves. UberDoc Honored for Reverse Merger as Healthcare Marketplace Goes Public on CSE
- Negative Sentiment: Erste Group trimmed FY2026–27 EPS forecasts for Uber, reflecting caution about near‑term profitability improvements and contributing downward pressure on the stock. Erste Group cuts FY2026/27 EPS estimates for Uber (MarketBeat)
- Negative Sentiment: Coverage noting the stock dipping despite the robo‑taxi launch highlights investor concerns that autonomous rollouts are capital‑intensive and may hurt near‑term margins; that skepticism is likely weighing on shares. Uber Is Bringing Robo-Taxis to Europe. Why the Stock Is Down.
Analysts Set New Price Targets
Several research analysts have recently issued reports 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. Roth Mkm set a $105.00 target price on Uber Technologies in a research report on Thursday, February 5th. Wolfe Research cut their price target on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. UBS Group set a $111.00 price objective on shares of Uber Technologies in a research note on Monday, February 2nd. Finally, The Goldman Sachs Group set a $125.00 price objective on shares of Uber Technologies in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $105.29.
Read Our Latest Stock Analysis on UBER
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.
See Also
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