Portside Wealth Group LLC lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 265.5% during the 3rd quarter, Holdings Channel reports. The firm owned 23,983 shares of the ride-sharing company’s stock after buying an additional 17,422 shares during the period. Portside Wealth Group LLC’s holdings in Uber Technologies were worth $2,350,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Kilter Group LLC acquired a new position in shares of Uber Technologies in the second quarter worth $26,000. Westend Capital Management LLC acquired a new position in shares of Uber Technologies during the 3rd quarter worth about $27,000. Trust Co. of Toledo NA OH acquired a new position in Uber Technologies in the second quarter valued at approximately $30,000. Total Investment Management Inc. acquired a new position in shares of Uber Technologies in the 2nd quarter valued at $32,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in Uber Technologies in the third quarter valued at $34,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Record demand, revenue and cash flow: Q4 revenue (~$14.3B) and gross bookings topped estimates, trips and users hit all‑time highs, adjusted EBITDA and free cash flow rose materially — evidence of durable growth and improving cash generation. Business Wire: Uber Announces Results for Fourth Quarter and Full Year 2025
- Positive Sentiment: Strategic CFO hire underscores AV push: Uber promoted Balaji Krishnamurthy to CFO — a known robotaxi backer — signaling management’s commitment to accelerating autonomous initiatives which could unlock multitrillion‑dollar TAM over time. TechCrunch: Uber appoints new CFO as its AV plans accelerate
- Positive Sentiment: Analyst support remains: Several firms reaffirmed or raised bullish ratings/targets (Needham, BTIG, Citizens JMP upgrades and high price targets), providing analyst‑backed upside narratives for longer‑term holders. American Banking News: Needham Reaffirms Buy
- Neutral Sentiment: Geographic & product expansion: company is relaunching services in Macau and expanding robotaxi pilots (Hong Kong, Europe, U.S. cities) — positive for scale but timing and monetization remain multi‑year variables. PYMNTS: With 200 Million Monthly Users, Uber Readies for Autonomous Rides
- Neutral Sentiment: Investor narrative split between growth and profitability: some investors emphasize share repurchases and FCF, others worry about margin mix as Uber pushes cheaper rides to grow trips. MarketBeat: Uber in the Buy Zone
- Negative Sentiment: EPS miss and weak near‑term guidance: adjusted EPS missed estimates and Q1 EPS guidance (0.65–0.72) came in below consensus, which pressured the stock as investors reprice near‑term profitability. Reuters: Uber forecasts profit below estimates
- Negative Sentiment: Margins squeezed by cheaper rides & higher taxes: management highlighted that lower-priced ride options to drive volume, plus tax/headwind items, are denting near‑term margins — a key driver of investor concern. Channel News Asia: Cheaper rides, higher taxes dent profit
- Negative Sentiment: Market reaction and analyst caution: shares fell after the print as traders focused on profit outlook and EPS miss; some firms (e.g., Wedbush) remain neutral citing long‑term AV uncertainty. MarketWatch: Stock drops after profit miss
Uber Technologies Trading Down 5.5%
Uber Technologies (NYSE:UBER – Get Free Report) last posted 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. The business had revenue of $13.47 billion for the quarter, compared to analysts’ expectations of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The business’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.20 EPS. As a group, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on UBER shares. BMO Capital Markets lowered their target price on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. Exane BNP Paribas raised Uber Technologies to a “strong-buy” rating in a report on Wednesday, January 14th. Piper Sandler set a $107.00 price target on Uber Technologies in a report on Wednesday, November 5th. Wall Street Zen cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, KeyCorp cut their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $106.86.
Get Our Latest Analysis on Uber Technologies
Insider Activity
In other news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction that occurred 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 directly owned 176,584 shares in the company, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was 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 in the company, valued at $1,919,355.30. This trade represents a 21.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 14,875 shares of company stock valued at $1,319,130 in the last quarter. Company insiders own 3.84% of the company’s stock.
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.
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