Sen. Angus S. King Jr. Sells Off Shares of Uber Technologies, Inc. (NYSE:UBER)

Senator Angus S. King Jr. (Independent-Maine) recently sold shares of Uber Technologies, Inc. (NYSE:UBER). In a filing disclosed on March 24th, the Senator disclosed that they had sold between $1,001 and $15,000 in Uber Technologies stock on February 13th.

Senator Angus S. King Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of Autodesk (NASDAQ:ADSK) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of PayPal (NASDAQ:PYPL) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of ON (NYSE:ONON) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 2/13/2026.
• Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 12/29/2025.
• Purchased $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 12/29/2025.

Uber Technologies Stock Up 1.0%

Shares of Uber Technologies stock opened at $73.10 on Thursday. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month high of $101.99. The stock has a market cap of $149.33 billion, a price-to-earnings ratio of 15.52, a price-to-earnings-growth ratio of 6.63 and a beta of 1.22. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The company has a fifty day moving average price of $76.07 and a 200 day moving average price of $85.49.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.08). The company had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period last year, the business earned $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities research analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Uber Technologies news, insider Tony West sold 3,125 shares of the company’s stock in a transaction that occurred 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 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 filing with the SEC, which is available through this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 3.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. BTIG Research reiterated a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, March 17th. Erste Group Bank downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Royal Bank Of Canada reissued an “outperform” rating and set a $105.00 target price on shares of Uber Technologies in a research report on Thursday, February 5th. Wedbush lowered their price target on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Finally, The Goldman Sachs Group set a $125.00 price target on shares of Uber Technologies in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $105.29.

Hedge Funds Weigh In On Uber Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the business. Osbon Capital Management LLC bought a new position in Uber Technologies during the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Uber Technologies in the 4th quarter worth about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at about $25,000. Kilter Group LLC acquired a new stake in shares of Uber Technologies in the 2nd quarter valued at about $26,000. Finally, Westend Capital Management LLC bought a new position in shares of Uber Technologies during the third quarter worth about $27,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber announced an exclusive, multi‑year partnership with Ibotta to deliver digital promotions across Uber’s U.S. grocery and retail ecosystem — expected to increase monetization of grocery/retail trips and provide CPGs a direct ad/promotions channel at point‑of‑purchase. Read More.
• Positive Sentiment: Reports say Uber is close to acquiring Blacklane, a premium global chauffeur service — a move that would expand Uber into higher‑margin, pre‑booked and corporate travel segments, which can lift overall take rates and margin profile. Read More.
• Positive Sentiment: Coverage of Uber’s push to convert Rivian’s R2 into a robotaxi highlights the company’s longer‑term strategy to lower driver costs and create an autonomous mobility revenue stream — a multi‑year catalyst for margins if execution and AV economics improve. Read More.
• Neutral Sentiment: Uber is expanding its New York office after CEO Dara Khosrowshahi relocated there and instituted stronger return‑to‑office expectations — signals of executive commitment to NYC talent and customer proximity, but with incremental office costs and culture implications. Read More.
• Neutral Sentiment: CEO remarks on AI (calling other executives dishonest about AI impacts) have drawn attention — notable for strategy signaling but unclear near‑term financial impact; could influence investor perception about management’s stance on automation and labor. Read More.
• Negative Sentiment: Some reports note the stock dipped more than the broader market amid the news flow and sector moves — short‑term volatility risk as investors parse deals, partnerships and macro. Read More.
• Negative Sentiment: Uber disclosed political contributions supporting multiple California gubernatorial candidates — creates potential reputational/regulatory scrutiny that can be a modest near‑term headwind for investor sentiment. Read More.

About Senator King

Angus King (independent) is a member of the U.S. Senate from Maine. He assumed office on January 3, 2013. His current term ends on January 3, 2031.

King (independent) ran for re-election to the U.S. Senate to represent Maine. He won in the general election on November 5, 2024.

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.