Donaldson Capital Management LLC Has $6.77 Million Stock Position in Uber Technologies, Inc. $UBER

Donaldson Capital Management LLC increased its position in Uber Technologies, Inc. (NYSE:UBER) by 51.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 69,108 shares of the ride-sharing company’s stock after purchasing an additional 23,447 shares during the period. Donaldson Capital Management LLC’s holdings in Uber Technologies were worth $6,771,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of UBER. Norges Bank purchased a new position in shares of Uber Technologies during the 2nd quarter valued at $2,348,319,000. Pacer Advisors Inc. boosted its stake in shares of Uber Technologies by 1,905.3% during the 3rd quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock worth $426,216,000 after acquiring an additional 4,133,532 shares in the last quarter. Vanguard Group Inc. grew its holdings in Uber Technologies by 1.6% during the second quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock valued at $17,685,157,000 after purchasing an additional 3,025,483 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in Uber Technologies by 4,471.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock valued at $290,660,000 after buying an additional 2,901,936 shares during the last quarter. Finally, Nordea Investment Management AB grew its position in shares of Uber Technologies by 105.9% in the second quarter. Nordea Investment Management AB now owns 5,459,829 shares of the ride-sharing company’s stock valued at $506,618,000 after purchasing an additional 2,807,967 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Trading Down 2.0%

Shares of UBER stock opened at $80.07 on Friday. The company has a market capitalization of $166.37 billion, a P/E ratio of 10.29 and a beta of 1.20. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. 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 $83.95 and a 200 day moving average price of $90.21.

Uber Technologies (NYSE:UBER) last posted its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. The company had revenue of $13.47 billion during 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%. Uber Technologies’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.20 earnings per share. Research analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Uber Technologies News Summary

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

• Positive Sentiment: Large autonomous-vehicle commitments: Uber is committing up to $250M to Waabi, which raised $750M, and plans to source many future robotaxis from Waabi’s platform — a sign Uber is investing in an off-balance-sheet route to scale autonomous ride volume. Uber’s new plan to deploy 25,000 robotaxis will come from an autonomous trucking company
• Positive Sentiment: Strategic OEM & chip partnerships: Mercedes and NVIDIA are partnering with Uber on large-scale, premium S‑Class Level‑4 robotaxis, validating Uber’s AV ambitions and giving possible scale and tech credibility. This can support long-term TAM expansion and revenue optionality. Mercedes, NVIDIA and Uber Team Up to Build S-Class Robotaxis
• Positive Sentiment: Analyst sentiment trending favorable: Some aggregator/analyst commentary shows bullish tilt (TipRanks trending StrongBuy), which can limit downside if earnings don’t materially disappoint. Uber Technologies Stock Forecast: Trending StrongBuy Among Analysts
• Neutral Sentiment: Pre-earnings focus on execution metrics: Analysts are digging beyond revenue and EPS into margins, adjusted metrics and segment KPIs ahead of Uber’s quarterly report next week — results could cause short-term volatility either way. Countdown to Uber (UBER) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
• Neutral Sentiment: Mixed analyst/coverage views: Some bullish write-ups praise revenue and user growth but flag valuation, keeping a cautious “hold” tone that moderates upside expectations. Uber Technologies: This Ride Has Exceeded My Expectations
• Negative Sentiment: Regulatory / worker-pay settlement: Uber Eats agreed to pay about $3.5M in restitution and penalties in NYC over delivery worker pay — a modest direct hit but a reminder of ongoing regulatory and labor compliance costs. Uber Eats Ordered to Pay $3.5 Million Over NYC Delivery Worker Pay
• Negative Sentiment: Legal and reputational exposure: A jury awarded $19M in a lawsuit versus Uber, and a federal trial has drawn testimony about frequent rider reports of sexual assault — these items raise legal costs and reputational risk that could pressure sentiment near term. Jury Awards Former NHL Player Brandon Crawley $19 Million in Lawsuit Against Uber Technologies, Inc. At Uber trial, expert says riders reported rape every day in 2024

Insiders Place Their Bets

In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total transaction of $519,255.00. Following the transaction, the chief financial officer owned 20,330 shares in the company, valued at $1,919,355.30. This represents a 21.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction dated 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 owned 176,584 shares of the company’s stock, valued at $14,744,764. The trade was a 1.74% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 14,875 shares of company stock worth $1,319,130. Insiders own 3.84% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Barclays lowered their price objective on shares of Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Uber Technologies in a research report on Monday, December 29th. Wells Fargo & Company boosted their price objective on Uber Technologies from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday, January 8th. BMO Capital Markets reduced their target price on Uber Technologies from $113.00 to $106.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Finally, BNP Paribas Exane started coverage on shares of Uber Technologies in a research note on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price target on the stock. Four investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $107.50.

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.