Generali Asset Management SPA SGR Sells 13,101 Shares of Uber Technologies, Inc. $UBER

Key Points

• Generali Asset Management cut its Uber holding by 10.3%, selling 13,101 shares in Q4 and leaving it with 113,488 shares worth about $9.27 million.
• Uber beat Q1 adjusted EPS ($0.72 vs. $0.69) and set Q2 guidance of $0.78–$0.82, prompting several analyst price-target increases and a MarketBeat consensus of a “Moderate Buy” with a $105.40 target.
• Notable insider and institutional moves: CFO Balaji Krishnamurthy bought 22,453 shares (~$1.6M) while an SVP sold 30,000 shares, and institutional investors own roughly 80% of the stock.

Generali Asset Management SPA SGR cut its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 10.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 113,488 shares of the ride-sharing company's stock after selling 13,101 shares during the period. Generali Asset Management SPA SGR's holdings in Uber Technologies were worth $9,273,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. ASR Vermogensbeheer N.V. increased its stake in shares of Uber Technologies by 4.6% in the fourth quarter. ASR Vermogensbeheer N.V. now owns 233,213 shares of the ride-sharing company's stock worth $19,055,000 after purchasing an additional 10,222 shares during the period. Olstein Capital Management L.P. increased its stake in shares of Uber Technologies by 64.3% in the fourth quarter. Olstein Capital Management L.P. now owns 46,000 shares of the ride-sharing company's stock worth $3,759,000 after purchasing an additional 18,000 shares during the period. Crestwood Advisors Group LLC increased its stake in shares of Uber Technologies by 5.3% in the fourth quarter. Crestwood Advisors Group LLC now owns 11,569 shares of the ride-sharing company's stock worth $945,000 after purchasing an additional 584 shares during the period. Oak Family Advisors LLC increased its stake in shares of Uber Technologies by 47.9% in the fourth quarter. Oak Family Advisors LLC now owns 95,031 shares of the ride-sharing company's stock worth $7,765,000 after purchasing an additional 30,764 shares during the period. Finally, Black Diamond Financial LLC bought a new position in shares of Uber Technologies in the fourth quarter worth about $201,000. 80.24% of the stock is currently owned by institutional investors.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Q1 beat on profit and strong bookings guide — Uber reported $0.72 adjusted EPS (beat) and issued a June‑quarter gross bookings outlook above consensus, which underpinned optimism about demand recovery in rides and delivery. Uber forecasts strong second-quarter bookings despite Middle East woes
• Positive Sentiment: Analysts lifting targets and reiterating buys — Several firms raised or reiterated bullish ratings (JPMorgan raised its PT to $110; Needham reaffirmed Buy at $109; DA Davidson raised its PT), supporting upside thesis. Benzinga analyst notes
• Positive Sentiment: Platform expansion and partnerships — New deals (Uber Eats + Ulta, grocery tie‑ups with Ahold Delhaize and integrations such as Solera) and product moves into travel bookings broaden TAM and bolster recurring revenue potential. Uber Eats and Ulta Beauty Team-Up
• Neutral Sentiment: Longer-term robotaxi/AV narrative remains a catalyst but execution-focused — CEO commentary and moves (large Rivian robotaxi order, partner-led AV approach) keep a structural growth story alive, but timing and capital intensity remain uncertain. Uber Just Ordered 10,000 Rivian Robotaxis
• Neutral Sentiment: Mixed quarter details — Revenue rose 14% y/y but slightly missed estimates; non‑GAAP EPS beat while some transcripts and headlines emphasized metric differences, producing mixed investor interpretations. Uber Q1 earnings summary
• Negative Sentiment: Regional headwinds and profit‑taking — Management flagged roughly a 60bp drag from the Middle East conflict; after the initial post‑earnings pop, some profit‑taking and rotation pressured the shares. Uber hit by Middle East conflict despite strong bookings
• Negative Sentiment: Wall Street split and selective downgrades — While many firms stayed bullish, some desks trimmed targets (Goldman cited concerns), leaving sentiment fractured and increasing intraday volatility. Wall Street Splits on Uber

Analyst Ratings Changes

UBER has been the topic of a number of recent analyst reports. Canaccord Genuity Group set a $72.00 price objective on Uber Technologies in a research note on Thursday, February 5th. JPMorgan Chase & Co. lifted their target price on Uber Technologies from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Thursday. Benchmark reissued a "hold" rating on shares of Uber Technologies in a research report on Thursday, February 5th. KeyCorp decreased their price objective on Uber Technologies from $110.00 to $105.00 and set an "overweight" rating on the stock in a report on Tuesday, January 20th. Finally, Weiss Ratings downgraded Uber Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, March 19th. 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 stock. According to data from MarketBeat, Uber Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $105.40.

Insider Activity at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the company's stock in a transaction that occurred on 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 transaction, 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 position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the sale, 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 disclosure for this sale is available in the SEC filing. Insiders own 3.81% of the company's stock.

Uber Technologies Stock Performance

UBER stock opened at $76.87 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.14. The company has a 50 day moving average price of $74.17 and a 200 day moving average price of $80.81. Uber Technologies, Inc. has a fifty-two week low of $68.46 and a fifty-two week high of $101.99. The stock has a market capitalization of $157.03 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 7.29 and a beta of 1.16.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion during the quarter, compared to analysts' expectations of $13.28 billion. During the same quarter in the previous year, the company posted $0.83 EPS. Uber Technologies's revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts forecast that Uber Technologies, Inc. will post 3.32 EPS for the current year.

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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