Fernbridge Capital Management LP Acquires 48,045 Shares of Uber Technologies, Inc. $UBER

Key Points

• Fernbridge Capital Management LP increased its stake in Uber by 16.3% in Q3, adding 48,045 shares to hold 341,981 shares valued at about $33.5 million, making Uber its 20th-largest holding (1.6% of the fund).
• CFO Balaji (A) Krishnamurthy bought 22,453 shares at an average price of $71.25 on Feb. 24 (≈$1.6M), raising his ownership to 28,742 shares — a 357% increase in his stake.
• Analysts maintain a consensus rating of "Moderate Buy" with a $105.29 average price target, but Uber’s Q4 EPS missed estimates ($0.71 vs. $0.79), creating short-term pressure despite positive developments in autonomous vehicle partnerships and pilots.

Fernbridge Capital Management LP increased its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 16.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 341,981 shares of the ride-sharing company's stock after purchasing an additional 48,045 shares during the period. Uber Technologies accounts for 1.6% of Fernbridge Capital Management LP's holdings, making the stock its 20th biggest holding. Fernbridge Capital Management LP's holdings in Uber Technologies were worth $33,504,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Kilter Group LLC bought a new stake in shares of Uber Technologies during the second quarter valued at approximately $26,000. Westend Capital Management LLC bought a new position in shares of Uber Technologies during the third quarter worth $27,000. Total Investment Management Inc. bought a new position in shares of Uber Technologies during the second quarter worth $32,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Uber Technologies during the third quarter valued at $34,000. Finally, Howard Hughes Medical Institute purchased a new position in Uber Technologies during the second quarter valued at $42,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the company's stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the acquisition, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Tony West sold 3,125 shares of the business's stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider directly owned 176,584 shares in the company, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.84% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Erste Group Bank cut shares of Uber Technologies from a "buy" rating to a "hold" rating in a research note on Friday, December 5th. TD Cowen restated a "buy" rating on shares of Uber Technologies in a research report on Wednesday. Stifel Nicolaus reduced their target price on Uber Technologies from $122.00 to $105.00 and set a "buy" rating on the stock in a report on Tuesday, January 27th. Weiss Ratings reiterated a "buy (b)" rating on shares of Uber Technologies in a research report on Monday, December 29th. Finally, Wells Fargo & Company dropped their price target on Uber Technologies from $122.00 to $100.00 and set an "overweight" rating for the company in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $105.29.

Uber Technologies Stock Performance

Shares of NYSE:UBER opened at $73.33 on Friday. The firm has a fifty day simple moving average of $77.70 and a two-hundred day simple moving average of $86.60. Uber Technologies, Inc. has a 52 week low of $60.63 and a 52 week high of $101.99. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $150.92 billion, a P/E ratio of 15.57, a PEG ratio of 6.69 and a beta of 1.22.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its earnings results 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 net margin of 19.33% and a return on equity of 43.63%. The firm's quarterly revenue was up 20.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Uber Technologies News Summary

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

• Positive Sentiment: Uber and Motional have relaunched a commercial robotaxi service in Las Vegas (electric IONIQ 5s; safety drivers initially, operator removal planned), giving Uber real-world AV volume, visibility and potential incremental mobility revenue. Uber and Motional Launch Robotaxi Service in Las Vegas
• Positive Sentiment: Uber struck a multiyear deal to deploy Amazon/Zoox purpose‑built robotaxis on the Uber app (initial U.S. rollouts announced), broadening its AV partner set and scaling potential robotaxi supply without heavy capex. Is Uber's Robotaxi Deal With Amazon's Zoox a Growth Catalyst?
• Positive Sentiment: Marsh Risk and Apollo launched an insurance facility to back Uber’s autonomous‑vehicle expansion — removing a major operational hurdle by improving availability and pricing of liability coverage as AV deployments scale. Marsh Risk and Apollo launch Insurance Facility to support Uber’s autonomous vehicle expansion
• Positive Sentiment: Uber expanded international AV pilots, teaming with Nissan and Wayve for a Tokyo robotaxi program (pilot planned for late 2026), signaling global roll‑out optionality beyond U.S. testbeds. Nissan, Uber, Wayve announce robotaxi tie-up
• Neutral Sentiment: MarketBeat flagged Uber among names with technical tailwinds for traders — useful for short‑term momentum players but not a substitute for fundamentals. 3 Rebound Candidates With Technical Tailwinds (UBER)
• Neutral Sentiment: Coverage pieces (Forbes/Fool) are framing Uber as a potential value/growth play given solid cash flow trends and a relatively low debt load; useful context for longer‑term investors but not a catalyst by itself. Is Uber Stock Now A Value Play?
• Neutral Sentiment: Travis Kalanick launched Atoms (specialized industrial robotics). It's notable because of his profile, but Atoms targets industrial sectors (mining/food/transport) rather than Uber’s consumer mobility business, so immediate competitive impact is unclear. Uber co-founder Kalanick launches Atoms in specialized robotics push
• Negative Sentiment: Short‑term pressure persists: analysts pointed out the stock dipped more than the broader market recently amid volatility and an EPS miss in the last quarter (Q4 EPS below consensus), keeping some investors cautious about near‑term multiples. Why Uber Technologies (UBER) Dipped More Than Broader Market Today

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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