Patriot Financial Group Insurance Agency LLC Buys Shares of 13,049 Uber Technologies, Inc. $UBER

Patriot Financial Group Insurance Agency LLC purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBER) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 13,049 shares of the ride-sharing company’s stock, valued at approximately $1,278,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UBER. Kilter Group LLC acquired a new stake in shares of Uber Technologies in the second quarter valued at about $26,000. West Oak Capital LLC bought a new stake in shares of Uber Technologies during the 2nd quarter worth approximately $28,000. Truvestments Capital LLC boosted its holdings in shares of Uber Technologies by 498.5% in the 1st quarter. Truvestments Capital LLC now owns 407 shares of the ride-sharing company’s stock valued at $30,000 after buying an additional 339 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new stake in shares of Uber Technologies in the 2nd quarter valued at approximately $30,000. Finally, Ransom Advisory Ltd bought a new position in shares of Uber Technologies in the first quarter valued at $31,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Stock Performance

NYSE:UBER opened at $79.32 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. The stock has a 50 day simple moving average of $90.06 and a 200 day simple moving average of $91.56. Uber Technologies, Inc. has a 1-year low of $59.75 and a 1-year high of $101.99. The stock has a market cap of $164.81 billion, a P/E ratio of 10.20 and a beta of 1.19.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, topping the consensus estimate of $0.67 by $2.44. The firm had revenue of $13.47 billion for the quarter, compared to analysts’ expectations of $13.25 billion. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The company’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.20 EPS. Research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total value of $519,255.00. Following the completion of the sale, the chief financial officer directly owned 20,330 shares in the company, valued at approximately $1,919,355.30. The trade was a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Tony West sold 3,125 shares of the stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $80.36, for a total value of $251,125.00. Following the sale, the insider directly owned 175,423 shares in the company, valued at $14,096,992.28. This represents a 1.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 264,875 shares of company stock worth $26,458,818 in the last quarter. 3.84% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on UBER shares. TD Cowen upped their price target on shares of Uber Technologies from $108.00 to $114.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. DA Davidson raised their target price on shares of Uber Technologies from $102.00 to $108.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Royal Bank Of Canada set a $110.00 price target on Uber Technologies in a research report on Wednesday, November 5th. Cowen reaffirmed a “buy” rating on shares of Uber Technologies in a research report on Wednesday, November 5th. Finally, Cantor Fitzgerald increased their price target on Uber Technologies from $107.00 to $108.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.43.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber expanded its AV footprint by rolling out robotaxi rides in Dubai with partner WeRide, increasing early commercial exposure for Mobility and potentially accelerating future revenue mix diversification. AV Expansion in UAE
• Positive Sentiment: Bernstein/other sell‑side commentary argues investors have over‑discounted AV risks; at least one analyst raised Uber’s price target, framing the stock as an attractive entry if robotaxi fears ease — supportive for valuation. Analyst Note / MarketWatch
• Neutral Sentiment: Comparative coverage highlights that Serve Robotics (SERV) and Uber represent different autonomous delivery plays — useful context for investors but not an immediate stock mover for UBER. SERV vs UBER
• Neutral Sentiment: Institutional ownership remains high and several large funds recently adjusted positions — a reminder that blocks and index/ETF flows can affect volatility but don’t change fundamentals immediately. Institutional Holdings
• Negative Sentiment: Multiple states, counties and attorneys general have joined or filed suits alleging deceptive subscription/billing practices; growing litigation and potential remediation costs raise regulatory/legal risk and near‑term headline volatility. AG Nessel Lawsuit
• Negative Sentiment: Uber’s head of safety is departing amid an executive shakeup, which could concern investors focused on governance and operational continuity. Safety Chief Departure
• Negative Sentiment: Insider selling: General Counsel Tony West sold 3,125 shares on Dec. 18 — isolated insider sales aren’t uncommon but can add to negative sentiment when combined with other headwinds. Tony West Insider Sale
• Negative Sentiment: Technical analysts flagged a break of support, prompting “meltdown” headlines; technical weakness can amplify selling flows from momentum and quant funds. Technical Weakness

Uber Technologies 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.