Uber Technologies, Inc. $UBER Shares Sold by Myriad Asset Management US LP

Myriad Asset Management US LP cut its stake in Uber Technologies, Inc. (NYSE:UBER) by 72.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,381 shares of the ride-sharing company’s stock after selling 8,699 shares during the period. Myriad Asset Management US LP’s holdings in Uber Technologies were worth $276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies during the third quarter worth $25,000. Westend Capital Management LLC acquired a new stake in shares of Uber Technologies in the 3rd quarter worth $27,000. Total Investment Management Inc. purchased a new position in shares of Uber Technologies during the 2nd quarter worth $32,000. Imprint Wealth LLC purchased a new position in shares of Uber Technologies during the 3rd quarter worth $32,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Uber Technologies during the 3rd quarter valued at about $34,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber agreed to acquire Blacklane, adding a global premium chauffeur/pre‑booked executive travel business to diversify beyond core ride‑hail and deepen corporate/luxury reach — a move analysts say supports higher-margin revenue and narrows valuation concerns. Uber’s Blacklane Deal Puts Focus On Premium Growth And Valuation Gap
• Positive Sentiment: Bank of America Securities reiterated a Buy on UBER with a $103 price target, explicitly citing the Blacklane deal — institutional support that could underpin the stock ifexecution and premium expansion play out. Bank of America Securities Maintains a Buy Rating on Uber (UBER) Following Blacklane Acquisition
• Positive Sentiment: Uber and WeRide launched Level‑4, fare‑charging robotaxis in Dubai (Uber holds a ~5.82% stake in WeRide). Real‑world AV deployments can reduce long‑term driver costs and open new mobility revenue streams if scalable. Uber Holds a 5.82% Stake in WeRide. Should You Buy WRD Stock Too?
• Positive Sentiment: Uber expanded EV incentives for drivers (national program offering up to $6,500; other reports cite $4,000 offers) to accelerate electrification, reduce driver fuel exposure, and support regulatory/ESG positioning — a potential long‑term cost saving and PR positive. Uber expands EV grant nationwide, offering drivers up to $6,500 in incentives
• Neutral Sentiment: CEO Dara Khosrowshahi signaled openness to integrating Tesla robotaxis on Uber’s platform — a potential revenue upside but dependent on third‑party AV readiness and regulatory approvals. Uber CEO Dara Khosrowshahi hopes to incorporate Tesla robotaxis on its platform: ‘It’s a great car’
• Neutral Sentiment: Commentary pieces on AI/agent infrastructure and autonomy debate (Fortune, Motley Fool, Zacks) frame longer‑term strategic context but are unlikely to move the stock near term. I helped build Uber and Discord and now my tools help fuel billion-dollar unicorns. But Silicon Valley is losing the AI race to itself
• Negative Sentiment: Restaurant partners pushed back after Eats fee increases — a notable chain cut ties, highlighting merchant resistance that could pressure Eats GMV or force promotions/fee rollbacks. Popular pizza chain cuts ties with Uber Eats
• Negative Sentiment: Outlets urging caution note autonomous vehicles could both help and threaten Uber’s core ride business — if OEMs monetize robotaxis directly, Uber’s take-rate and marketplace edge could be pressured. Should You Buy Uber Stock on the Dip?

Insider Activity at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were bought 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 approximately $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.84% of the stock is owned by insiders.

Uber Technologies Trading Down 0.1%

Shares of UBER stock opened at $71.75 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market cap of $146.59 billion, a PE ratio of 15.23, a price-to-earnings-growth ratio of 6.57 and a beta of 1.21. The company has a 50-day moving average of $74.28 and a two-hundred day moving average of $84.27. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. During the same period last year, the firm posted $3.21 earnings per share. Uber Technologies’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. On average, analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analysts Set New Price Targets

UBER has been the subject of several recent analyst reports. Royal Bank Of Canada restated an “outperform” rating and set a $105.00 price objective on shares of Uber Technologies in a research report on Thursday, February 5th. Wall Street Zen lowered shares of Uber Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Truist Financial set a $108.00 price target on shares of Uber Technologies in a research note on Monday, February 9th. Needham & Company LLC restated a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a report on Tuesday, February 3rd. Finally, BTIG Research reaffirmed a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $105.14.

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.