Rep. Josh Gottheimer Sells Off Shares of Uber Technologies, Inc. (NYSE:UBER)

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Uber Technologies, Inc. (NYSE:UBER). In a filing disclosed on February 26th, the Representative disclosed that they had sold between $1,001 and $15,000 in Uber Technologies stock on January 30th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 1/30/2026.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 12/17/2025.
• Sold $1,001 – $15,000 in shares of Cheniere Energy (NYSE:LNG) on 12/12/2025.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 12/11/2025.
• Sold $15,001 – $50,000 in shares of Air Products and Chemicals (NYSE:APD) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of Utz Brands (NYSE:UTZ) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of Sysmex (OTCMKTS:SSMXY) on 12/5/2025.
• Sold $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 12/5/2025.
• Sold $1,001 – $15,000 in shares of SEA (NYSE:SE) on 12/5/2025.

Uber Technologies Stock Performance

NYSE UBER opened at $75.20 on Friday. The business has a 50 day moving average price of $79.06 and a 200 day moving average price of $87.91. The company has a market capitalization of $154.76 billion, a P/E ratio of 15.97, a PEG ratio of 6.86 and a beta of 1.21. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14.

Uber Technologies (NYSE:UBER) last posted its 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 during the quarter, compared to analyst estimates of $14.32 billion. During the same period last year, the company posted $3.21 EPS. The firm’s revenue for the quarter was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Sell-side analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber launched Uber Air (air taxi bookings integrated into the Uber app) in partnership with Joby Aviation, with first commercial flights planned for Dubai in 2026 — a long-term growth/revenue optionality story that investors are rewarding. Uber Air Is Officially Here
• Positive Sentiment: Joby and Uber confirmed in-app booking for eVTOL flights and Dubai launch timing; coverage notes Joby’s improving fundamentals and the tie-up’s potential to accelerate urban air mobility monetization. The eVTOL Era is Beginning With Uber and Joby Aviation
• Positive Sentiment: The Biden-era contractor rule is being rolled back by the current administration, which reduces the risk of stricter employee classification for gig companies and supports Uber’s cost model and margins. Trump administration moves to nix Biden-era rule on independent contractors
• Positive Sentiment: Insider buying was reported, a signal some investors interpret as management confidence in the stock’s prospects. Insider Buying Activity
• Positive Sentiment: BTIG and other analysts remain constructive (Buy ratings and ~$100 targets cited), supporting upside expectations versus recent trading levels. Analyst Bullish Coverage
• Neutral Sentiment: Uber’s acquisition of SpotHero aims to broaden mobility services and parking integration; strategic fit is positive but near-term financial impact is modest. Uber Buys SpotHero
• Neutral Sentiment: Analyst fair-value tweaks and sector multiple resets changed some price targets slightly lower, reflecting updated models rather than a broad shift in conviction. Analysts Reset Valuations
• Negative Sentiment: Driver protests in markets like Seattle spotlight supply/demand imbalance and regulatory/labor friction risk that could pressure trip economics in some regions. Seattle Driver Protest

Analyst Upgrades and Downgrades

UBER has been the topic of a number of research reports. Piper Sandler set a $107.00 price objective on shares of Uber Technologies in a research note on Wednesday, November 5th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Uber Technologies in a report on Wednesday, January 7th. Wells Fargo & Company dropped their price objective on shares of Uber Technologies from $122.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Benchmark restated a “hold” rating on shares of Uber Technologies in a research report on Thursday, February 5th. Finally, JPMorgan Chase & Co. reduced their target price on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $104.53.

Insider Activity

In related news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were acquired at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The transaction was disclosed in a 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 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 trade represents a 1.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.84% of the company’s stock.

Hedge Funds Weigh In On Uber Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of UBER. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies in the third quarter valued at $25,000. Kilter Group LLC acquired a new position in Uber Technologies in the 2nd quarter worth $26,000. Westend Capital Management LLC purchased a new position in Uber Technologies in the 3rd quarter valued at about $27,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies during the fourth quarter valued at about $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Uber Technologies during the fourth quarter valued at about $28,000. 80.24% of the stock is owned by institutional investors and hedge funds.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.