Public Sector Pension Investment Board Reduces Position in Uber Technologies, Inc. $UBER

Public Sector Pension Investment Board trimmed its holdings in Uber Technologies, Inc. (NYSE:UBER) by 30.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 691,770 shares of the ride-sharing company’s stock after selling 300,301 shares during the quarter. Public Sector Pension Investment Board’s holdings in Uber Technologies were worth $67,773,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of 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 valued at $17,685,157,000 after acquiring an additional 3,025,483 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Uber Technologies by 2.6% during the second quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company’s stock valued at $4,258,756,000 after purchasing an additional 1,168,288 shares during the period. Norges Bank bought a new position in shares of Uber Technologies in the second quarter worth about $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 worth $1,288,497,000 after purchasing an additional 142,933 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in Uber Technologies by 5.2% in the 2nd quarter. Legal & General Group Plc now owns 12,518,594 shares of the ride-sharing company’s stock worth $1,167,985,000 after buying an additional 615,692 shares during the period. 80.24% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Uber Technologies news, insider Tony West sold 3,125 shares of the 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 directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 9,375 shares of company stock valued at $799,875 in the last ninety days. Insiders own 3.84% of the company’s stock.

Uber Technologies News Summary

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

• Positive Sentiment: WeRide-Uber expanded the first commercial Robotaxi service into downtown Abu Dhabi, increasing coverage to ~70% of core areas and enabling bookings through the Uber app — a visible step in AV monetization and platform differentiation. WeRide and Uber Begin First Commercial Robotaxi Service in Downtown Abu Dhabi
• Positive Sentiment: Uber Eats launched an AI “Cart Assistant” to build grocery baskets from text or images — a direct product push to take share from Instacart that could expand GMV and margins in grocery over time. Uber Eats launches AI cart assistant for grocery delivery
• Positive Sentiment: Uber and Baidu’s Apollo Go driverless rides launched in Dubai, integrating AV supply into the Uber app — another AV distribution channel that supports the company’s autonomous strategy and geographic scale. Uber & Baidu Expand Deal for Dubai AV Rides
• Neutral Sentiment: Uber for Business partnered with Mazda to provide dealership courtesy rides, vehicle delivery and service support — a business-to-business use case that could modestly grow rides or logistics volume but is unlikely to move near-term revenue materially. Uber for Business and Mazda Team Up
• Neutral Sentiment: Legislative progress in Israel to allow Uber/Lyft operations signals potential market expansion, but commercialization and competitive ramp remain early-stage. Bill allowing Uber and Lyft in Israel receives committee approval
• Negative Sentiment: Unusually large put-option buying was reported (159,363 puts traded, ~46% above average), indicating elevated bearish positioning or hedging activity that can amplify downward pressure on the share price.
• Negative Sentiment: An analyst downgrade was reported and has been cited as contributing to intraday selling, reinforcing near-term negative sentiment despite the strategic product/AV news. Uber Shares Down on Analyst Downgrade

Uber Technologies Stock Up 0.2%

Shares of NYSE UBER opened at $71.17 on Friday. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The stock’s fifty day simple moving average is $81.74 and its two-hundred day simple moving average is $89.20. The stock has a market capitalization of $147.88 billion, a PE ratio of 15.11, a price-to-earnings-growth ratio of 6.50 and a beta of 1.21. The company has a current ratio of 1.14, a quick ratio of 1.15 and a debt-to-equity ratio of 0.38.

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). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same period in the previous year, the firm posted $3.21 earnings per share. The company’s 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. As a group, analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UBER has been the subject of several research reports. Roth Mkm set a $105.00 price objective on shares of Uber Technologies in a research report on Thursday, February 5th. KeyCorp decreased their price target on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Jefferies Financial Group reissued a “buy” rating on shares of Uber Technologies in a research note on Wednesday, January 7th. Erste Group Bank downgraded Uber Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 5th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $105.00 target price on shares of Uber Technologies in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $104.89.

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.