APG Asset Management N.V. Acquires 8,707 Shares of Uber Technologies, Inc. $UBER

APG Asset Management N.V. lifted its holdings in Uber Technologies, Inc. (NYSE:UBER) by 0.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,315,253 shares of the ride-sharing company’s stock after purchasing an additional 8,707 shares during the period. APG Asset Management N.V. owned 0.06% of Uber Technologies worth $128,855,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Westend Capital Management LLC acquired a new position in shares of Uber Technologies during the 3rd quarter valued at about $27,000. Kilter Group LLC bought a new position in shares of Uber Technologies in the second quarter valued at approximately $26,000. Total Investment Management Inc. acquired a new stake in shares of Uber Technologies in the second quarter worth $32,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Uber Technologies during the 3rd quarter worth $34,000. Finally, True Wealth Design LLC boosted its holdings in shares of Uber Technologies by 38.6% during the 3rd quarter. True Wealth Design LLC now owns 424 shares of the ride-sharing company’s stock worth $42,000 after buying an additional 118 shares during the period. 80.24% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Uber Technologies news, insider Tony West sold 3,125 shares of the company’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the sale, the insider directly owned 176,584 shares in the company, valued at $14,744,764. This represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.84% of the company’s stock.

Wall Street Analysts Forecast Growth

UBER has been the topic of several recent analyst reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Wells Fargo & Company lowered their price target on Uber Technologies from $122.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Needham & Company LLC reissued a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a research report on Tuesday, February 3rd. Erste Group Bank downgraded Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Finally, Citizens Jmp raised Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 price target on the stock in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $104.53.

Key Uber Technologies News

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

Uber Technologies Trading Up 0.5%

Shares of UBER stock opened at $75.20 on Friday. The firm has a fifty day moving average of $79.06 and a 200-day moving average of $87.88. The stock has a market cap of $154.76 billion, a price-to-earnings ratio of 15.97, a P/E/G ratio of 6.91 and a beta of 1.21. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current 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 analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same period in the previous year, the firm earned $3.21 EPS. The business’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, equities research analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

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.