Uber Technologies, Inc. $UBER Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 24.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,277,463 shares of the ride-sharing company’s stock after purchasing an additional 1,020,938 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Uber Technologies were worth $517,033,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of UBER. Kilter Group LLC acquired a new position in shares of Uber Technologies in the 2nd quarter worth approximately $26,000. Westend Capital Management LLC purchased a new position in shares of Uber Technologies during the third quarter worth about $27,000. Trust Co. of Toledo NA OH purchased a new stake in Uber Technologies during the 2nd quarter valued at approximately $30,000. Total Investment Management Inc. acquired a new position in shares of Uber Technologies in the second quarter valued at approximately $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Uber Technologies during the third quarter worth approximately $34,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Tony West sold 3,125 shares of the stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total value of $519,255.00. Following the sale, the chief financial officer directly 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 disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 14,875 shares of company stock worth $1,319,130. 3.70% of the stock is owned by company insiders.

Key Uber Technologies News

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

• Positive Sentiment: Revenue growth driven by delivery — Uber reported ~20% Q4 revenue growth and food-delivery results that beat estimates, supporting near-term topline strength. Article Title
• Positive Sentiment: Record engagement and cash flow — Management said monthly users and daily trips hit all-time highs and emphasized “significant cash flow” and a clear path to scale. That underpins confidence in longer-term free cash flow conversion. Article Title
• Positive Sentiment: Analyst support — Needham reaffirmed a Buy and $109 price target, highlighting operational leadership and pricing power as reasons to be constructive. Analyst backing can buoy sentiment. Article Title
• Neutral Sentiment: Robotaxi / AV narrative continues — Management and some analysts point to autonomous vehicles as a multitrillion-dollar long-term opportunity, but near-term impact and timing remain uncertain. This is strategic upside, not immediate earnings relief. Article Title
• Neutral Sentiment: Asia expansion — Uber has relaunched in Macau and is cautiously re-entering Asia, which could expand TAM over time but is unlikely to move near-term earnings materially. Article Title
• Negative Sentiment: EPS miss and weak profit guide — Uber missed some Q4 profit estimates and explicitly forecast Q1 profit below market expectations; that guidance is the primary near-term catalyst for downward pressure. Article Title
• Negative Sentiment: Margin pressure from cheaper rides — Management’s strategy to grow trips with more affordable options boosted volumes but squeezed margins, weighing on near-term profitability. Article Title
• Negative Sentiment: Regulatory / legal overhang — Reports of a €1.7B (~$2.8B) claim in France over driver status remain a potential sizable liability and sentiment headwind. Article Title
• Negative Sentiment: AV valuation uncertainty — Bank of America and others flag near-term autonomous-vehicle uncertainties that complicate valuation assumptions for Uber’s long-term growth story. Article Title

Analyst Ratings Changes

Several analysts have recently commented on UBER shares. Wolfe Research reduced their target price on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Erste Group Bank downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Stifel Nicolaus dropped their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Citigroup reissued a “market perform” rating on shares of Uber Technologies in a research note on Wednesday, December 10th. Finally, Wells Fargo & Company lifted their price target on Uber Technologies from $120.00 to $122.00 and gave the company an “overweight” rating in a research note on Thursday, January 8th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $107.19.

Uber Technologies Stock Performance

NYSE UBER opened at $77.93 on Wednesday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The business has a fifty day moving average of $83.78 and a 200-day moving average of $90.05. The stock has a market cap of $161.91 billion, a price-to-earnings ratio of 10.02 and a beta of 1.21.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.12). Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The company had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. As a group, analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

About Uber Technologies

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.