Kestra Private Wealth Services LLC Trims Stock Holdings in Uber Technologies, Inc. $UBER

Kestra Private Wealth Services LLC trimmed its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 17.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 158,390 shares of the ride-sharing company's stock after selling 32,673 shares during the period. Kestra Private Wealth Services LLC's holdings in Uber Technologies were worth $12,942,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Spirepoint Private Client LLC lifted its holdings in 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 period. Econ Financial Services Corp bought a new position in Uber Technologies in the third quarter valued at about $1,538,000. Transcendent Capital Group LLC bought a new position in Uber Technologies in the third quarter valued at about $1,859,000. Mawer Investment Management Ltd. bought a new position in Uber Technologies in the third quarter valued at about $74,107,000. Finally, FFG Partners LLC lifted its holdings in 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 period. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Up 2.1%

NYSE UBER opened at $76.22 on Tuesday. The stock's 50-day moving average price is $73.76 and its 200-day moving average price is $81.57. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The company has a market capitalization of $155.70 billion, a P/E ratio of 16.18, a price-to-earnings-growth ratio of 6.83 and a beta of 1.21.

Uber Technologies (NYSE:UBER - Get Free Report) last released 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). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The business had revenue of $14.37 billion for the quarter, compared to analysts' expectations of $14.32 billion. During the same quarter in the prior year, the business posted $3.21 EPS. The business's revenue for the quarter was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, equities research analysts predict that Uber Technologies, Inc. will post 3.34 earnings per share for the current year.

Insider Activity

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction dated 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 owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 that occurred on Tuesday, February 24th. The shares were acquired at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the transaction, the chief financial officer directly owned 28,742 shares of the company's stock, valued at $2,047,867.50. This represents a 357.02% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 3.81% of the company's stock.

Uber Technologies News Summary

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

• Positive Sentiment: Guggenheim reaffirmed a "buy" on UBER and set a $125 price target, signaling strong upside versus the current level and likely supporting bullish positioning by investors. Guggenheim reiterates buy on Uber
• Positive Sentiment: Uber expanded its global partnership with Block / Square to streamline restaurant operations and broaden payment options for Uber Eats — a deal that can deepen merchant relationships, boost take rates and international growth for the delivery segment. Uber, Block expand global partnership Square and Uber Eats expand partnership
• Positive Sentiment: Investor confidence: Bill Ackman holds a large position that includes Uber, which can attract attention from other institutional investors and signal conviction from an influential manager. Bill Ackman holds Uber
• Neutral Sentiment: General commentary pieces highlighted profitable tech names and Uber’s long-term positioning; these broader analyses can shape sentiment but don’t provide immediate company-specific catalysts. 2 Profitable Stocks with Competitive Advantages
• Neutral Sentiment: Historical context on early investors (e.g., Google’s early Uber stake) is a reminder of the stock’s long-term narrative but doesn’t affect near-term moves. Google's early Uber bet
• Neutral Sentiment: Market noise from unrelated auto/EV names (e.g., Lucid’s drop) can weigh on sentiment for mobility stocks generally but is not a direct Uber fundamental driver. Lucid crashes to 52-week low
• Negative Sentiment: Regulatory/regime risk in AI and tech: China’s decision to block Meta’s Manus acquisition highlights rising geopolitical and regulatory scrutiny of AI deals — a negative backdrop for global tech valuations and deal activity that could indirectly pressure sentiment toward UBER and peers. China blocks Meta's Manus acquisition

Analysts Set New Price Targets

A number of research analysts have weighed in on UBER shares. The Goldman Sachs Group set a $125.00 target price on Uber Technologies in a report on Wednesday, February 4th. Benchmark reissued a "hold" rating on shares of Uber Technologies in a report on Thursday, February 5th. BTIG Research reissued a "buy" rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, March 17th. TD Cowen reissued a "buy" rating on shares of Uber Technologies in a report on Wednesday, March 11th. Finally, Guggenheim reaffirmed a "buy" rating and issued a $125.00 price objective on shares of Uber Technologies in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $105.14.

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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