Intact Investment Management Inc. Sells 9,700 Shares of Uber Technologies, Inc. $UBER

Intact Investment Management Inc. reduced its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 55.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 7,800 shares of the ride-sharing company’s stock after selling 9,700 shares during the quarter. Intact Investment Management Inc.’s holdings in Uber Technologies were worth $637,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Spirepoint Private Client LLC increased its holdings in Uber Technologies by 21.9% in the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after buying an additional 13,454 shares during the last quarter. Transcendent Capital Group LLC purchased a new position in Uber Technologies in the third quarter valued at $1,859,000. Mawer Investment Management Ltd. purchased a new position in Uber Technologies in the third quarter valued at $74,107,000. Rhumbline Advisers increased its holdings in Uber Technologies by 1.1% in the third quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock valued at $365,479,000 after buying an additional 42,278 shares during the last quarter. Finally, Longbow Finance SA increased its holdings in Uber Technologies by 51.8% in the third quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock valued at $11,001,000 after buying an additional 38,304 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors.

Insider Transactions at Uber Technologies

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.81% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on UBER. Mizuho dropped their target price on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Wells Fargo & Company lowered their target price on shares of Uber Technologies from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Monday, March 30th. Cantor Fitzgerald cut their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Jefferies Financial Group reissued a “buy” rating on shares of Uber Technologies in a research report on Wednesday, January 7th. Finally, Citigroup reissued a “buy” rating on shares of Uber Technologies in a research report on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $105.11.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber Eats expanded grocery reach after Ahold Delhaize made nearly 2,000 of its stores available on the Uber Eats marketplace, increasing delivery scale and incremental revenue opportunities. Read More.
• Positive Sentiment: Stop & Shop added 350+ stores to Uber Eats for on-demand delivery, further broadening grocery distribution and partnerships in the U.S. market. Read More.
• Positive Sentiment: Uber unveiled in-app hotel bookings (powered by Expedia), travel tools, AI voice booking and Uber One upgrades at its GO–GET event — a push to make the app a multi-product travel & local services platform that can boost take-rates and lifetime value. Read More.
• Positive Sentiment: Coverage notes Uber’s expanding robotaxi commitment (reported in previews of Lucid’s results), citing a roughly 35,000-vehicle order expansion — a large, long-term revenue and margin lever if autonomous deployment progresses. Read More.
• Positive Sentiment: Product/perk rollouts aimed at improving user experience and retention were highlighted in coverage of a new customer perk, supporting engagement and monetization. Read More.
• Neutral Sentiment: Analysts continue to reassess expectations for ride-hailing peers (Uber vs. Lyft), which provides context but not a clear directional catalyst for UBER on its own. Read More.
• Neutral Sentiment: Wider-market earnings trends (S&P 500 profit/revenue acceleration) are a macro tailwind for growth stocks, but impact on Uber depends on execution and margin conversion. Read More.
• Neutral Sentiment: Opinion pieces and bullish theses are circulating about UBER’s long-term upside; these provide varied viewpoints but not immediate hard catalysts. Read More.
• Negative Sentiment: Near-term pressure from last reported results: Uber missed EPS expectations in its most recent quarter and set relatively cautious near-term guidance, which remains the primary reason investors are discounting the stock despite product/partnership progress.

Uber Technologies Stock Performance

Shares of UBER opened at $73.96 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The firm has a market cap of $151.10 billion, a PE ratio of 15.70, a price-to-earnings-growth ratio of 6.88 and a beta of 1.16. The company’s 50 day simple moving average is $73.91 and its 200-day simple moving average is $81.16. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.08). The business had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The firm’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same quarter last year, the company earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities analysts predict that Uber Technologies, Inc. will post 3.34 EPS for the current year.

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.