Brookstone Capital Management boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 5.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 166,387 shares of the ride-sharing company’s stock after purchasing an additional 8,733 shares during the period. Brookstone Capital Management’s holdings in Uber Technologies were worth $13,595,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Orrstown Financial Services Inc. grew its holdings in shares of Uber Technologies by 24.8% during the fourth quarter. Orrstown Financial Services Inc. now owns 7,701 shares of the ride-sharing company’s stock worth $629,000 after purchasing an additional 1,528 shares during the last quarter. J. Safra Sarasin Holding AG raised its holdings in shares of Uber Technologies by 70.8% in the fourth quarter. J. Safra Sarasin Holding AG now owns 463,922 shares of the ride-sharing company’s stock valued at $37,907,000 after buying an additional 192,314 shares during the last quarter. Mn Services Vermogensbeheer B.V. raised its holdings in shares of Uber Technologies by 1.9% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 729,020 shares of the ride-sharing company’s stock valued at $59,568,000 after buying an additional 13,320 shares during the last quarter. Private Advisory Group LLC acquired a new position in Uber Technologies during the 4th quarter worth about $322,000. Finally, Cooper Investors PTY Ltd. lifted its position in Uber Technologies by 19.6% during the 4th quarter. Cooper Investors PTY Ltd. now owns 110,249 shares of the ride-sharing company’s stock worth $9,008,000 after buying an additional 18,058 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.
Uber Technologies Stock Up 2.9%
Shares of NYSE:UBER opened at $71.92 on Wednesday. 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 stock has a market cap of $146.93 billion, a price-to-earnings ratio of 15.27, a P/E/G ratio of 6.40 and a beta of 1.22. The company has a 50 day moving average of $74.95 and a 200-day moving average of $84.73. Uber Technologies, Inc. has a one year low of $60.63 and a one year high of $101.99.
Insiders Place Their Bets
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 shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares in the company, valued at approximately $14,744,764. The trade was a 1.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was bought 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 owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.70% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on UBER. Roth Mkm set a $105.00 target price on shares of Uber Technologies in a research note on Thursday, February 5th. Canaccord Genuity Group set a $72.00 price target on shares of Uber Technologies in a research note 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. Arete Research set a $125.00 price objective on shares of Uber Technologies and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Finally, Truist Financial set a $108.00 price objective on Uber Technologies in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $105.14.
View Our Latest Stock Report on UBER
Key Headlines Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber increased its stake and is ramping Level‑4 robotaxi operations with WeRide in Dubai — a concrete step toward monetizing its AV strategy and lowering long‑term ride costs. Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai
- Positive Sentiment: Uber agreed to buy Blacklane to bolster its high‑end “Elite”/chauffeur offering, expanding addressable market in premium and corporate travel. The deal should help mix and monetization over time. Uber is buying Berlin startup Blacklane to bolster its ‘Elite’ offering
- Positive Sentiment: Market commentary and upgrades (including a Seeking Alpha upgrade and Jim Cramer support) are boosting investor sentiment by framing recent pullbacks as buying opportunities given accelerating delivery growth and AV partnerships. What The Market Got Wrong With Uber (Rating Upgrade)
- Neutral Sentiment: Wells Fargo trimmed its price target from $100 to $95 but kept an Overweight rating — a modest analyst calibration rather than a change in overall bullish stance. Uber Price Target Cut by Wells Fargo to $95 Due to Autonomous Vehicle Impact
- Neutral Sentiment: Platinum Asset Management calls UBER a “battleground” company in its fund letter — highlighting mixed views among active managers about execution vs. runway. Platinum International Fund: “Uber Technologies (UBER) is a ‘Battleground’ Company.”
- Negative Sentiment: Operational risk: Uber Eats delivery robots were vandalized in Sheffield, underscoring rollout and regulatory/PR risks for physical automation deployments. Uber Eats delivery robots vandalised in Sheffield
- Negative Sentiment: Macro/headline risk: rising fuel costs (reported in driver anecdotes) squeeze driver economics and could pressure supply or require higher incentives in the near term. It used to cost this Uber driver about $25 to fill up her Corolla. The Iran War has her trying on $40 for size
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.
Read More
Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER – Free Report).
Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
