Uber Technologies, Inc. $UBER Shares Purchased by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS boosted its holdings in Uber Technologies, Inc. (NYSE:UBER) by 5.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 750,600 shares of the ride-sharing company’s stock after buying an additional 37,800 shares during the period. KLP Kapitalforvaltning AS’s holdings in Uber Technologies were worth $73,536,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Westend Capital Management LLC acquired a new stake in Uber Technologies in the 3rd quarter valued at $27,000. Kilter Group LLC acquired a new position in Uber Technologies during the 2nd quarter worth $26,000. West Oak Capital LLC bought a new stake in Uber Technologies in the second quarter valued at about $28,000. Trust Co. of Toledo NA OH bought a new stake in shares of Uber Technologies in the 2nd quarter valued at approximately $30,000. Finally, Total Investment Management Inc. acquired a new stake in shares of Uber Technologies during the second quarter worth $32,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Tony West sold 3,125 shares of the business’s stock in a transaction 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 owned 175,423 shares of the company’s stock, valued at approximately $14,096,992.28. The trade was a 1.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the company’s stock in a transaction 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 owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 14,875 shares of company stock valued at $1,348,818. 3.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have commented on UBER shares. Weiss Ratings restated a “buy (b)” rating on shares of Uber Technologies in a research note on Monday, December 29th. Truist Financial increased their target price on Uber Technologies from $96.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Melius Research set a $73.00 price objective on shares of Uber Technologies in a report on Monday. Mizuho assumed coverage on shares of Uber Technologies in a research report on Monday, September 29th. They issued an “outperform” rating and a $130.00 price objective on the stock. Finally, Wedbush decreased their target price on shares of Uber Technologies from $84.00 to $78.00 and set a “neutral” rating for the company in a research report on Friday, December 19th. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $107.33.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber, Lucid and Nuro unveiled a production-intent robotaxi and say on‑road testing has begun, with a planned commercial launch in the San Francisco Bay Area later this year — a clear near-term step toward monetizing AV services and unlocking a new revenue stream. Lucid, Nuro, Uber debut robotaxi (Reuters)
• Positive Sentiment: Bank of America reiterated a Buy on UBER, citing AV partnerships and attractive free‑cash‑flow valuation upside — a high‑profile buy call that supports investor confidence in long‑term upside. UBER Buy rating (TipRanks)
• Positive Sentiment: Uber renewed/strengthened mapping and location ties with TomTom to embed maps and live services across its platform — an operational win that supports both ride‑hailing scale and AV navigation needs. TomTom and Uber partnership (GlobeNewswire)
• Neutral Sentiment: Multiple investment writeups and analyst pieces debate UBER’s 3‑year outlook — highlighting strong revenue growth and improving free cash flow but noting execution and AV uncertainty; useful for framing long‑term scenarios rather than immediate catalysts. Where will UBER be in 3 years? (The Motley Fool)
• Neutral Sentiment: Options and trade‑idea coverage (puts/calls) is active — indicates some investors are hedging or expressing tactical views around near‑term volatility; not a company fundamental but impacts trading flows. UBER put option idea (Investor’s Business Daily)
• Negative Sentiment: Melius Research cut UBER to a Sell with a $73 target, citing intensified robotaxi competition and valuation risk — a downgrade that has pressured the stock and increases near‑term downside risk if momentum fades. UBER downgraded to Sell (Barron’s)
• Negative Sentiment: Shareholder‑side legal scrutiny: a law firm is investigating Uber’s board over rider safety/background checks, and Bloomberg Law reports the company failed to delay a sexual‑assault trial — these governance and litigation headlines create headline risk and potential cost/liability uncertainty. Board investigation (GlobeNewswire)
• Negative Sentiment: Some critical research argues Uber’s valuation could struggle (competition, monetization of AV uncertain), which supports a cautious view among sell‑side and independent analysts. Valuation critique (Seeking Alpha)

Uber Technologies Stock Performance

Shares of UBER opened at $85.45 on Wednesday. The firm has a market capitalization of $177.54 billion, a PE ratio of 10.98 and a beta of 1.20. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $87.14 and a 200 day moving average price of $91.41. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The company had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.25 billion. During the same period in the prior year, the business posted $1.20 EPS. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

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.