Armstrong Henry H Associates Inc. Purchases 20,240 Shares of Uber Technologies, Inc. $UBER

Key Points

• Armstrong Henry H Associates raised its Uber stake by 133.3%, buying 20,240 shares to hold 35,420 shares valued at about $2.894 million, making UBER ~0.3% of the firm's portfolio and its 21st largest position.
• Major strategic news: Uber agreed to a Rivian robotaxi partnership (up to $1.25B investment and planned purchases of thousands of R2 autonomous vehicles, initial deployments targeted for 2028), which has driven bullish media/analyst coverage but also prompted skepticism over conditional "up to" terms, timing and execution risk.
• Ownership and insider moves: Hedge funds/institutions own roughly 80.24% of UBER, while recent insider activity was mixed (SVP sold 30,000 shares; CFO bought 22,453 shares); Uber trades in a 12‑month range of $60.63–$101.99 and has a market cap near $152 billion.

Armstrong Henry H Associates Inc. raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 133.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,420 shares of the ride-sharing company's stock after purchasing an additional 20,240 shares during the quarter. Uber Technologies accounts for approximately 0.3% of Armstrong Henry H Associates Inc.'s portfolio, making the stock its 21st largest position. Armstrong Henry H Associates Inc.'s holdings in Uber Technologies were worth $2,894,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UBER. RDA Financial Network increased its position in shares of Uber Technologies by 1.6% during the fourth quarter. RDA Financial Network now owns 23,892 shares of the ride-sharing company's stock valued at $1,952,000 after buying an additional 366 shares during the period. Farmers Trust Co. increased its holdings in shares of Uber Technologies by 0.5% in the fourth quarter. Farmers Trust Co. now owns 50,158 shares of the ride-sharing company's stock worth $4,098,000 after purchasing an additional 248 shares during the period. Avior Wealth Management LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth $506,000. GoalVest Advisory LLC raised its position in shares of Uber Technologies by 30.0% in the fourth quarter. GoalVest Advisory LLC now owns 650 shares of the ride-sharing company's stock worth $53,000 after buying an additional 150 shares in the last quarter. Finally, GK Wealth Management LLC grew its holdings in shares of Uber Technologies by 4.6% during the fourth quarter. GK Wealth Management LLC now owns 6,089 shares of the ride-sharing company's stock worth $498,000 after purchasing an additional 269 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company's stock.

Uber Technologies News Summary

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

• Positive Sentiment: Major Rivian robotaxi partnership — Uber agreed to invest up to $1.25B and commit to buying/operating thousands of Rivian R2 autonomous vehicles (initial deployments targeted for 2028), a concrete step toward a higher‑margin AV future. Uber to invest up to $1.25 billion in Rivian as part of robotaxi deal
• Positive Sentiment: NVIDIA tie‑ups and positive coverage amplified bullish momentum — media and commentators (including Jim Cramer) highlighted Uber’s expanded AV roadmap with Nvidia, reinforcing the narrative of scaled AV partnerships and potential long‑term upside. Jim Cramer Explains Why “Uber Stock Caught Fire Earlier This Week”
• Positive Sentiment: Analyst support — firms (e.g., BTIG reaffirm) continue to back Uber, providing a bullish analyst backdrop that can stabilize sentiment after volatile moves. BTIG Research Reaffirms "Buy" Rating for Uber Technologies NYSE: UBER
• Neutral Sentiment: Operational progress is visible but early — pilots (Motional, other partners) and roadmap milestones signal execution, yet revenue/timeframe impact remains distant. Is Uber's Mega Deal With Rivian a Game-Changer in the Robotaxi Space?
• Neutral Sentiment: Operational productivity/AI initiatives — Uber’s CTO says engineers are accelerating with AI tooling (potential cost/productivity tailwinds), but benefits are incremental and longer term. Uber CTO Says 95% Of Engineers Use AI Tools Monthly As Coding Shift Accelerates
• Negative Sentiment: Deal skepticism and “up to” caveats — several outlets and analysts warned the Rivian pact includes conditional language and milestones, raising questions about timing, scale and capital exposure. Uber Can’t Save Rivian
• Negative Sentiment: Short‑term negative headlines and valuation concerns — critical pieces (Seeking Alpha, market commentators) flagged execution risk and stretched forward valuation, which pressures sentiment if optimism cools. Uber: I've Been Bullish For Years - Not Anymore
• Negative Sentiment: Corporate/operational noise — an insider sale was disclosed and there are localized driver strikes (Lagos) plus AV safety scrutiny from recent high‑profile incidents, all of which can sap near‑term confidence. SEC filing: Insider sale by Nikki Krishnamurthy Uber seeks dialogue as Lagos drivers continue strike

Analyst Ratings Changes

A number of brokerages have commented on UBER. TD Cowen reiterated a "buy" rating on shares of Uber Technologies in a research report on Wednesday, March 11th. Erste Group Bank lowered shares of Uber Technologies from a "buy" rating to a "hold" rating in a report on Friday, December 5th. Wells Fargo & Company dropped their price target on shares of Uber Technologies from $122.00 to $100.00 and set an "overweight" rating for the company in a research report on Thursday, February 5th. BNP Paribas Exane assumed coverage on Uber Technologies in a research note on Wednesday, January 14th. They set an "outperform" rating and a $108.00 target price on the stock. Finally, Weiss Ratings lowered Uber Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $105.29.

Insider Buying and Selling

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction dated 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 completion of the sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the business'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 transaction, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 3.84% of the company's stock.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $73.86 on Friday. Uber Technologies, Inc. has a 12 month low of $60.63 and a 12 month high of $101.99. The firm has a market capitalization of $152.01 billion, a P/E ratio of 15.68, a P/E/G ratio of 6.91 and a beta of 1.22. 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 company's fifty day moving average price is $76.76 and its 200 day moving average price is $85.92.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.08). The business had revenue of $14.37 billion for the quarter, compared to analysts' expectations of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company's revenue for the quarter was up 20.1% on a year-over-year basis. During the same period in the previous year, the business posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, sell-side analysts predict 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.

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