Regal Partners Ltd lessened its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 95.7% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 11,393 shares of the ride-sharing company’s stock after selling 254,517 shares during the quarter. Regal Partners Ltd’s holdings in Uber Technologies were worth $1,116,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of UBER. Norges Bank bought a new position in Uber Technologies in the 2nd quarter valued at about $2,348,319,000. Pacer Advisors Inc. lifted its position in Uber Technologies by 1,905.3% during the third 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 during the last quarter. Vanguard Group Inc. boosted its holdings in shares of 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 worth $17,685,157,000 after acquiring an additional 3,025,483 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Uber Technologies by 4,471.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock worth $290,660,000 after acquiring an additional 2,901,936 shares during the period. Finally, Robeco Institutional Asset Management B.V. grew its position in shares of Uber Technologies by 97.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 5,422,035 shares of the ride-sharing company’s stock valued at $531,197,000 after purchasing an additional 2,671,539 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.
Uber Technologies Trading Down 0.5%
UBER opened at $75.07 on Friday. The stock has a market capitalization of $154.50 billion, a price-to-earnings ratio of 15.94, a P/E/G ratio of 6.89 and a beta of 1.22. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month high of $101.99. The company has a 50-day simple moving average of $78.54 and a 200 day simple moving average of $87.29.
Insider Activity at Uber Technologies
In related news, insider Tony West sold 3,125 shares of the 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 sale, the insider 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 SEC, which is accessible through this link. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.84% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on UBER. Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a research note on Thursday, December 18th. JPMorgan Chase & Co. reduced their price target on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a report on Tuesday, February 3rd. Erste Group Bank cut Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Finally, The Goldman Sachs Group set a $125.00 target price on Uber Technologies in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.53.
View Our Latest Report on Uber Technologies
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber expands mobility offerings in India by adding pan‑India intercity bus ticketing via a partnership with AbhiBus — a low‑capital way to widen addressable market and drive platform usage in a fast‑growing geography. Article Title
- Positive Sentiment: Management used the Morgan Stanley TMT conference to lay out a strategic roadmap (five pillars highlighted by new CFO Balaji) emphasizing growth, margin discipline and product innovation — a reaffirmation of long‑term strategy that supports multiple revenue streams. Article Title
- Positive Sentiment: Uber Air (with Joby) has launched in Dubai, letting users book eVTOL rides through the Uber app — opens an adjacent mobility market and reinforces Uber’s platform play, though monetization and scale remain multi‑year questions. Article Title
- Positive Sentiment: Coverage highlighting the gig‑economy tailwind lists Uber among names to watch, underscoring structural demand for rideshare and delivery services as consumers return to out‑of‑home spending. Article Title
- Neutral Sentiment: Zacks notes the stock has moved modestly since the last earnings release and asks whether that momentum can continue — useful context but not a directional catalyst on its own. Article Title
- Neutral Sentiment: Market and analyst pieces debate the Uber–Joby tie‑up (game‑changer vs. hype). The partnership enhances platform optionality but financial payoff is distant and depends on Joby scale and unit economics. Article Title
- Negative Sentiment: Recent quarterly results showed an EPS miss (EPS below consensus) despite revenue growth — a near‑term negative that often pressures the stock until guidance or execution re‑assures investors. Article Title
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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