Arizona State Retirement System Has $45.94 Million Stock Holdings in Uber Technologies, Inc. $UBER

Key Points

• Arizona State Retirement System trimmed its stake in Uber by 3.1% in Q4, selling 17,950 shares and now owning 562,268 shares valued at $45.94 million.
• Other institutions were active—Mawer Investment Management opened a new roughly $74.1 million position and several funds increased holdings, leaving institutional investors with 80.24% of Uber's stock.
• Analysts hold a "Moderate Buy" consensus with a $105.14 target; Uber recently missed Q4 EPS ($0.71 vs. $0.79) but beat revenue and set Q1 2026 guidance of $0.65–$0.72.

Arizona State Retirement System cut its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 562,268 shares of the ride-sharing company's stock after selling 17,950 shares during the period. Arizona State Retirement System's holdings in Uber Technologies were worth $45,943,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Spirepoint Private Client LLC increased its position in shares of Uber Technologies by 21.9% in the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company's stock valued at $7,331,000 after acquiring an additional 13,454 shares during the last quarter. Econ Financial Services Corp acquired a new stake in shares of Uber Technologies in the third quarter valued at about $1,538,000. Transcendent Capital Group LLC acquired a new stake in shares of Uber Technologies in the third quarter valued at about $1,859,000. Mawer Investment Management Ltd. acquired a new stake in shares of Uber Technologies in the third quarter valued at about $74,107,000. Finally, FFG Partners LLC increased its position in shares of Uber Technologies by 17.4% in the third quarter. FFG Partners LLC now owns 144,159 shares of the ride-sharing company's stock valued at $14,123,000 after acquiring an additional 21,315 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Expanded Block partnership should boost payments and restaurant integrations, add Cash App Pay for U.S. users, and deepen merchant ties—potential revenue and payments-volume upside. Article Title
• Positive Sentiment: Institutional investor note (Montaka) highlights Uber as a lucrative holding, which can support sentiment among value-focused investors and funds. Article Title
• Positive Sentiment: Autonomous last‑mile expansion (Coco Robotics launching with Uber Eats in San Jose) validates Uber’s robotics/delivery roadmap and could lower delivery cost per order over time. Article Title
• Neutral Sentiment: Uber disclosed an ~11.5% stake in Lucid and an expanded robotaxi commitment — this secures a potential vehicle supply and furthers Uber’s AV strategy but is contingent on Lucid’s execution and production ramp. Strategic upside is balanced by execution risk. Article Title
• Negative Sentiment: Lucid shares plunged on dilution/execution fears after Uber's stake and capital moves—if Lucid struggles, Uber’s robotaxi timeline and unit economics could suffer and raise capital-allocation concerns. Article Title
• Negative Sentiment: A federal jury found Uber liable in a bellwether passenger-assault case, adding litigation exposure amid thousands of pending claims—this raises near‑term legal/settlement risk and potential headline-driven volatility. Article Title
• Negative Sentiment: Coverage highlights execution and margin risk from Uber’s large AV investments (estimated multi‑billion-dollar commitment), a potential drag on near-term margins if scaling is slower than expected. Article Title
• Negative Sentiment: Consumer complaints about higher charges when using AmEx on rides generated viral attention—minor PR/headline risk that could momentarily affect user sentiment. Article Title

Analyst Ratings Changes

Several research analysts have recently weighed in on UBER shares. TD Cowen restated a "buy" rating on shares of Uber Technologies in a research note on Wednesday, March 11th. Benchmark restated a "hold" rating on shares of Uber Technologies in a research note on Thursday, February 5th. Wolfe Research lowered their price objective on shares of Uber Technologies from $125.00 to $110.00 and set an "outperform" rating on the stock in a research note on Monday, January 5th. Cantor Fitzgerald lowered their price objective on shares of Uber Technologies from $99.00 to $92.00 and set an "overweight" rating on the stock in a research note on Thursday, February 5th. Finally, Morgan Stanley lowered their price objective on shares of Uber Technologies from $110.00 to $100.00 and set an "overweight" rating on the stock in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $105.14.

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $74.73 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 stock's fifty day moving average price is $73.54 and its two-hundred day moving average price is $82.12. Uber Technologies, Inc. has a one year low of $68.46 and a one year high of $101.99. The firm has a market cap of $152.67 billion, a price-to-earnings ratio of 15.87, a P/E/G ratio of 6.92 and a beta of 1.21.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts' consensus estimates of $0.79 by ($0.08). The firm had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business's quarterly revenue was up 20.1% compared to the same quarter last year. During the same period in the prior year, the company earned $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, equities analysts forecast that Uber Technologies, Inc. will post 3.34 EPS for the current year.

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the business's stock in a transaction dated Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the transaction, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is owned by insiders.

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.

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