Costello Asset Management INC Grows Position in Uber Technologies, Inc. $UBER

Costello Asset Management INC raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 76.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,570 shares of the ride-sharing company’s stock after acquiring an additional 26,168 shares during the period. Uber Technologies comprises approximately 2.0% of Costello Asset Management INC’s investment portfolio, making the stock its 12th largest holding. Costello Asset Management INC’s holdings in Uber Technologies were worth $5,934,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Uber Technologies by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after purchasing an additional 3,025,483 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Uber Technologies by 2.6% in the 2nd quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company’s stock worth $4,258,756,000 after buying an additional 1,168,288 shares during the last quarter. Norges Bank purchased a new position in shares of Uber Technologies in the 2nd quarter worth approximately $2,348,319,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Uber Technologies by 1.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 13,810,255 shares of the ride-sharing company’s stock valued at $1,288,497,000 after acquiring an additional 142,933 shares in the last quarter. Finally, Legal & General Group Plc increased its position in shares of Uber Technologies by 5.2% during the second quarter. Legal & General Group Plc now owns 12,518,594 shares of the ride-sharing company’s stock valued at $1,167,985,000 after acquiring an additional 615,692 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Uber Technologies News Summary

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

• Positive Sentiment: Management emphasized profitable growth on the Q4 earnings call, highlighting margin improvement and reiterated Q1 2026 EPS guidance (0.65–0.72), which supports a narrative of sustainable profitability. Uber Technologies Earnings Call Highlights Profitable Growth
• Positive Sentiment: Uber agreed to acquire Getir’s delivery business in Türkiye (food, grocery, retail, water), consolidating local delivery assets (Getir + Trendyol Go) and expanding scale in a high-growth market—a strategic revenue and market-share boost if approved. Uber Doubles Down on Türkiye with Agreement to Acquire Getir’s Delivery Business
• Positive Sentiment: Adyen expanded its global payments partnership with Uber (including kiosks and broader payment method support), reducing payments friction and supporting rollouts in new markets. Adyen and Uber Expand Global Partnership to Power New Markets, Launch Uber Kiosks
• Positive Sentiment: Analysts and partners continue to highlight autonomous-vehicle upside: Bank of America reiterated a Buy, citing underappreciated AV potential, and partnerships (WeRide robotaxis in the Middle East) support long-term margin improvement scenarios. Uber: Underappreciated Autonomous Vehicle Upside Supports Buy Rating
• Neutral Sentiment: Zacks flagged UBER as a trending ticker and published a primer; increased attention can raise volatility but not a directional catalyst on its own. Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
• Neutral Sentiment: Competitive update: Lyft launched teen accounts (a product where Uber has been earlier); minor competitive note that could matter regionally but not a major immediate threat. Lyft debuts teen accounts more than two years after Uber
• Negative Sentiment: Citigroup cut its price target on UBER to $110, a formal analyst headwind that can pressure sentiment and weigh on near-term trading. Citigroup Cuts Uber Technologies Price Target to $110.00
• Negative Sentiment: Q4 reported EPS missed consensus (company later discussed profitable-growth initiatives on the call), and that miss—plus mixed near-term EBITDA commentary from some analysts—helps explain intraday selling pressure.

Insider Activity at Uber Technologies

In other news, 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 transaction, the chief financial officer owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 completion of the sale, the insider owned 176,584 shares in the company, valued at $14,744,764. This trade represents a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 14,875 shares of company stock worth $1,319,130 over the last quarter. Corporate insiders own 3.70% of the company’s stock.

Uber Technologies Stock Performance

Shares of UBER opened at $73.93 on Tuesday. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99. The stock’s 50-day simple moving average is $82.82 and its 200 day simple moving average is $89.58. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.15 and a current ratio of 1.14. The stock has a market capitalization of $153.61 billion, a price-to-earnings ratio of 15.70, a price-to-earnings-growth ratio of 6.32 and a beta of 1.21.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on UBER shares. BTIG Research reaffirmed a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Wednesday, February 4th. Jefferies Financial Group restated a “buy” rating on shares of Uber Technologies in a research report on Wednesday, January 7th. Morgan Stanley lowered their price objective on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research report on Thursday, December 18th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Uber Technologies in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $104.89.

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.