Bell Asset Management Ltd Reduces Stake in Uber Technologies, Inc. $UBER

Bell Asset Management Ltd cut its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 23.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 59,590 shares of the ride-sharing company’s stock after selling 18,637 shares during the quarter. Uber Technologies accounts for 1.6% of Bell Asset Management Ltd’s investment portfolio, making the stock its 13th biggest holding. Bell Asset Management Ltd’s holdings in Uber Technologies were worth $5,838,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of UBER. Foster Group Inc. boosted its position in shares of Uber Technologies by 3.3% in the 3rd quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock worth $330,000 after buying an additional 107 shares in the last quarter. Sage Rhino Capital LLC increased its holdings in Uber Technologies by 4.2% during the 3rd quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock valued at $268,000 after acquiring an additional 110 shares in the last quarter. Quent Capital LLC increased its holdings in Uber Technologies by 3.3% during the 3rd quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock valued at $343,000 after acquiring an additional 111 shares in the last quarter. Advisors Capital Management LLC raised its position in Uber Technologies by 1.8% during the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after acquiring an additional 111 shares during the last quarter. Finally, Emergent Wealth Advisors LLC raised its position in Uber Technologies by 0.7% during the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after acquiring an additional 114 shares during the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’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 completion of the acquisition, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction 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 directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate 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: Uber expands mobility offerings in India by adding pan‑India intercity bus ticketing via a partnership with AbhiBus — a low‑capital way to widen addressable market and drive platform usage in a fast‑growing geography. Article Title
• Positive Sentiment: Management used the Morgan Stanley TMT conference to lay out a strategic roadmap (five pillars highlighted by new CFO Balaji) emphasizing growth, margin discipline and product innovation — a reaffirmation of long‑term strategy that supports multiple revenue streams. Article Title
• Positive Sentiment: Uber Air (with Joby) has launched in Dubai, letting users book eVTOL rides through the Uber app — opens an adjacent mobility market and reinforces Uber’s platform play, though monetization and scale remain multi‑year questions. Article Title
• Positive Sentiment: Coverage highlighting the gig‑economy tailwind lists Uber among names to watch, underscoring structural demand for rideshare and delivery services as consumers return to out‑of‑home spending. Article Title
• Neutral Sentiment: Zacks notes the stock has moved modestly since the last earnings release and asks whether that momentum can continue — useful context but not a directional catalyst on its own. Article Title
• Neutral Sentiment: Market and analyst pieces debate the Uber–Joby tie‑up (game‑changer vs. hype). The partnership enhances platform optionality but financial payoff is distant and depends on Joby scale and unit economics. Article Title
• Negative Sentiment: Recent quarterly results showed an EPS miss (EPS below consensus) despite revenue growth — a near‑term negative that often pressures the stock until guidance or execution re‑assures investors. Article Title

Uber Technologies Stock Performance

NYSE:UBER opened at $75.07 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market cap of $154.50 billion, a PE ratio of 15.94, a P/E/G ratio of 6.89 and a beta of 1.22. The firm has a 50 day simple moving average of $78.54 and a 200-day simple moving average of $87.25. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The firm had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm’s revenue was up 20.1% compared to the same quarter last year. During the same quarter last year, the business posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. The Goldman Sachs Group set a $125.00 price target on shares of Uber Technologies in a research report on Wednesday, February 4th. JPMorgan Chase & Co. cut their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Truist Financial set a $108.00 target price on Uber Technologies in a research note on Monday, February 9th. KeyCorp lowered their target price on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Finally, Citizens Jmp raised Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 price target for the company in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.53.

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.