Assetmark Inc. Has $37.84 Million Holdings in Uber Technologies, Inc. $UBER

Key Points

• Assetmark Inc. cut its stake in Uber by 9.3% in Q4, selling 47,463 shares and now holds 463,058 shares valued at approximately $37.84 million.
• Uber's most recent quarter missed EPS ($0.71 vs. $0.79) but beat revenue; management set Q1 2026 guidance of $0.65–$0.72 EPS and the consensus rating is a Moderate Buy with an average price target of $105.14.
• Near‑term catalysts include expanded robotaxi partnerships and Uber Eats' retail delivery growth, while risks remain from regulatory/legal pressure, autonomy competition, and a recent six‑month stock pullback.

Assetmark Inc. cut its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 9.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 463,058 shares of the ride-sharing company's stock after selling 47,463 shares during the quarter. Assetmark Inc.'s holdings in Uber Technologies were worth $37,836,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Pacer Advisors Inc. grew its holdings in Uber Technologies by 1,905.3% in the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company's stock worth $426,216,000 after purchasing an additional 4,133,532 shares during the period. Massachusetts Financial Services Co. MA grew 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 valued at $290,660,000 after buying an additional 2,901,936 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of Uber Technologies by 97.1% during 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 buying an additional 2,671,539 shares during the last quarter. C WorldWide Group Holding A S acquired a new position in shares of Uber Technologies during the third quarter valued at about $173,776,000. Finally, Danske Bank A S acquired a new position in shares of Uber Technologies during the third quarter valued at about $151,979,000. 80.24% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on UBER shares. Wedbush reduced their price objective on shares of Uber Technologies from $78.00 to $75.00 and set a "neutral" rating for the company in a report on Thursday, February 5th. Wall Street Zen lowered shares of Uber Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, January 17th. BNP Paribas Exane began coverage on shares of Uber Technologies in a research report on Wednesday, January 14th. They set an "outperform" rating and a $108.00 price target on the stock. DA Davidson dropped their price target on shares of Uber Technologies from $108.00 to $105.00 and set a "buy" rating on the stock in a research report on Monday, February 23rd. Finally, KeyCorp lowered their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $105.14.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $72.93 on Wednesday. The company has a 50 day moving average of $73.08 and a 200 day moving average of $82.94. The stock has a market cap of $148.99 billion, a P/E ratio of 15.48, a P/E/G ratio of 6.59 and a beta of 1.21. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38.

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 the consensus estimate of $0.79 by ($0.08). The firm had revenue of $14.37 billion for the quarter, compared to analysts' expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies's revenue was up 20.1% on a year-over-year basis. During the same period in the prior year, the firm posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, sell-side analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insiders Place Their Bets

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the business's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the transaction, the senior vice president owned 460,756 shares of the company's stock, 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 at this hyperlink. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business's stock in a transaction on Tuesday, February 24th. The stock was bought at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 3.81% of the company's stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber expanded its robotaxi partnership and is a financial backer in Lucid’s recent funding round, boosting visibility on vehicle supply and scale for Uber’s autonomous ambitions — a catalyst for longer‑term revenue diversification. Lucid names auto industry outsider as CEO, expands Uber deal
• Positive Sentiment: Uber is actively testing premium robotaxi services with partners (Nuro/Lucid) in San Francisco and running early employee rides — operational progress that validates commercialization pathways for autonomy. Uber and Nuro begin testing premium robotaxi service in San Francisco
• Positive Sentiment: Uber Eats continues network expansion into retail: Ace Hardware will offer last‑mile delivery via Uber Eats, supporting non-food revenue growth and volume leverage for delivery logistics. Ace Hardware taps Uber Eats for last-mile delivery
• Neutral Sentiment: Uber announced the date for its Q1 2026 earnings call (May 6); the upcoming release will be a short‑term volatility trigger as investors parse guidance, margins and autonomous investments. Uber Announces Date of First Quarter 2026 Results Conference Call
• Neutral Sentiment: Third‑party analysis and valuation pieces are debating whether the recent pullback makes UBER attractively priced; these pieces can amplify trading as value vs. growth narratives clash. Is Uber Technologies (UBER) Still Attractively Priced After Recent Share Price Pullback?
• Negative Sentiment: Broader concerns about regulatory pressure, competition from Waymo/robotaxi entrants and recent earnings softness have weighed on the stock — analysts cite a substantial six‑month decline that keeps investor skepticism elevated. UBER Stock Plunges 23.4% in 6 Months: Time to Hold or Fold?
• Negative Sentiment: Analysis highlighting legal pressures and uncertainties around AI/autonomy strategy raise valuation questions — these risks could cap multiple expansion unless growth and margins clearly improve. Uber Legal Pressures And AI Expansion Create Valuation Question For Investors

Uber Technologies 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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