State of Alaska Department of Revenue Sells 10,487 Shares of Uber Technologies, Inc. $UBER

State of Alaska Department of Revenue cut its holdings in Uber Technologies, Inc. (NYSE:UBER) by 4.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 224,143 shares of the ride-sharing company’s stock after selling 10,487 shares during the quarter. State of Alaska Department of Revenue’s holdings in Uber Technologies were worth $21,959,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Norges Bank bought a new position in Uber Technologies in the 2nd quarter valued at approximately $2,348,319,000. Kingstone Capital Partners Texas LLC increased its holdings in shares of Uber Technologies by 334,075.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 19,973,682 shares of the ride-sharing company’s stock worth $1,863,545,000 after buying an additional 19,967,705 shares in the last quarter. Pacer Advisors Inc. lifted its stake in shares of Uber Technologies by 1,905.3% in the 3rd quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock valued at $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 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 in the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of Uber Technologies by 105.9% during the 2nd quarter. Nordea Investment Management AB now owns 5,459,829 shares of the ride-sharing company’s stock valued at $506,618,000 after acquiring an additional 2,807,967 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insiders Place Their Bets

In other news, insider Tony West sold 3,125 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $80.36, for a total value of $251,125.00. Following the completion of the sale, the insider owned 175,423 shares in the company, valued at $14,096,992.28. This represents a 1.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the 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 completion of the sale, the chief financial officer owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 14,875 shares of company stock worth $1,348,818 over the last ninety days. Insiders own 3.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on UBER shares. BMO Capital Markets reduced their target price on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. BTIG Research reiterated a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a report on Tuesday, November 4th. Melius cut shares of Uber Technologies from a “hold” rating to a “sell” rating and set a $73.00 price objective on the stock. in a research note on Monday. Wells Fargo & Company increased their price objective on Uber Technologies from $120.00 to $122.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a report on Tuesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $107.14.

More Uber Technologies News

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

• Positive Sentiment: Major sell-side houses reiterated Buy ratings and raised targets (Jefferies $120, BofA $119; Wells Fargo raised its target to $122), supporting upside expectations and signaling confidence in Uber’s margin and cash-flow story. Jefferies and BofA Remain Bullish on Uber Technologies (UBER)
• Positive Sentiment: Robotaxi partnerships unveiled at CES (Uber + Lucid + Nuro) and testing/launch talk for 2026 increase the odds Uber becomes the distribution layer for autonomous fleets—a scenario that can boost margins without heavy capex. Uber & Partners Reveal Robotaxi Design at CES: Sign of More Upside?
• Positive Sentiment: Broader industry moves (Nvidia’s robotaxi initiatives) are being reframed as supportive for Uber—more autonomous vehicle supply can play to Uber’s strengths (demand aggregation, routing, payments). Why Nvidia’s Robotaxi Offensive Could Be Good News For Uber
• Positive Sentiment: Operational tie-ups and product improvements—like renewing global maps with TomTom—help routing efficiency and unit economics, supporting the margin-inflation thesis. Uber Renews Global Maps Deal With TomTom: Growth Thesis Strengthening?
• Neutral Sentiment: Market commentary highlights a narrative shift from growth-at-all-costs to operating leverage, free cash flow and AI/AV repricing—this is more strategic framing than immediate earnings impact. How The Narrative Around Uber Technologies (UBER) Is Shifting With AV And AI Repricing
• Neutral Sentiment: Zacks and MarketBeat pieces flag earnings growth and a consensus price target above current levels, reinforcing the bullish research backdrop but not adding new company-specific catalysts. Earnings Growth & Price Strength Make Uber Technologies (UBER) a Stock to Watch
• Negative Sentiment: A small number of bearish/contrarian calls surfaced (Melius Research upgraded to “strong sell” in one note), adding volatility and differing analyst views on AV risk. Melius Research Strong Sell Coverage
• Negative Sentiment: Shareholder-litigation risk: a Berger Montague investigation into Uber’s board over oversight of rider safety and background checks introduces governance/legal overhang that could pressure sentiment. Berger Montague Investigation Alert

Uber Technologies Stock Performance

Shares of UBER opened at $87.61 on Friday. The firm has a market capitalization of $182.04 billion, a P/E ratio of 11.26 and a beta of 1.20. Uber Technologies, Inc. has a 52 week low of $60.63 and a 52 week high of $101.99. The stock has a 50 day moving average price of $86.78 and a two-hundred day moving average price of $91.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.15 and a current ratio of 1.15.

Uber Technologies (NYSE:UBER) last announced its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $2.44. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The company had revenue of $13.47 billion for the quarter, compared to analysts’ expectations of $13.25 billion. During the same quarter in the previous year, the firm earned $1.20 earnings per share. Uber Technologies’s quarterly revenue was up 20.4% on a year-over-year basis. Equities analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

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.