Massachusetts Financial Services Co. MA Acquires 1,935,832 Shares of Uber Technologies, Inc. $UBER

Key Points

• Massachusetts Financial Services Co. MA increased its Uber stake by 65.2%, buying 1,935,832 shares in Q4 to hold 4,902,660 shares (about 0.24% of the company), valued at roughly $400.6 million.
• Institutional ownership stands at 80.24%, with other large managers (Pacer, Robeco, C WorldWide, Danske, Sarasin) also adding sizable positions, indicating broad institutional accumulation.
• Uber missed Q4 adjusted EPS estimates ($0.71 vs. $0.79) despite a slight revenue beat, while analysts maintain a consensus price target near $105, suggesting upside amid regulatory/legal risk (FTC action) and recent insider selling.

Massachusetts Financial Services Co. MA raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 65.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,902,660 shares of the ride-sharing company's stock after acquiring an additional 1,935,832 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.24% of Uber Technologies worth $400,596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of UBER. Pacer Advisors Inc. raised its holdings in Uber Technologies by 1,905.3% during the 3rd quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company's stock valued at $426,216,000 after acquiring an additional 4,133,532 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in Uber Technologies by 97.1% during the 3rd 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 acquiring an additional 2,671,539 shares during the period. C WorldWide Group Holding A S bought a new stake in Uber Technologies during the 3rd quarter valued at $173,776,000. Danske Bank A S bought a new stake in Uber Technologies during the 3rd quarter valued at $151,979,000. Finally, Sarasin & Partners LLP bought a new stake in Uber Technologies during the 3rd quarter valued at $144,789,000. Institutional investors own 80.24% of the company's stock.

Insider Buying and Selling

In related news, insider Tony West sold 3,125 shares of the company's stock in a transaction 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 completion of the transaction, the insider directly owned 176,584 shares in the company, valued at approximately $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company's stock in a transaction on 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 transaction, the senior vice president owned 460,756 shares of the company's stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.81% of the stock is owned by company insiders.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Wall Street price-target gap — several analysts still see significant upside (consensus ~ $103.58 vs. current levels), which supports buyer interest and frames recent weakness as a potential buying opportunity. Wall Street Sees 43% Upside in Uber (UBER)
• Positive Sentiment: AI/compute investment — Uber is moving AI training to Amazon’s Trainium chips to speed model training and lower costs, supporting product development (maps, dispatch, delivery matching) and long-term margin improvement. Uber turns to Amazon’s Trainium chips to speed AI training and compute
• Positive Sentiment: Analyst upgrades / earnings estimates tick up — Erste Group raised FY2026–FY2027 EPS forecasts modestly, which lends support to consensus upgrades and reinforces upside narratives. 3 Low-Rated Stocks With Big Price-Target Gaps (UBER)
• Positive Sentiment: Business expansion — Uber Eats expanding beyond food (non-food deliveries) and participation in robotaxi initiatives (Europe pilot with Pony.ai/Verne) suggest new revenue streams and optionality over time. Uber Eats will now deliver more than just food to you Pony.ai, Uber, Verne to launch Europe’s first commercial robotaxi service
• Neutral Sentiment: Vehicle autonomy tests — Uber is testing driverless Volkswagen ID. Buzz vans in LA; positives for tech leadership but execution, regulation and capex remain uncertain. Uber Is Testing Driverless Volkswagen ID. Buzz Vans in Los Angeles
• Neutral Sentiment: Local PR/operational risk — repeated attacks on Uber Eats delivery robots (Philadelphia coverage) raise short-term operational/PR issues for autonomous delivery pilots but are unlikely to move core revenue immediately. Why do people kick Uber Eats robots? What’s motivating Philadelphians to attack autonomous tech
• Negative Sentiment: Regulatory/legal pressure — Uber is defending subscription-service charges in an FTC action, which raises regulatory risk and potential fines or changes to pricing/terms. That uncertainty can weigh on multiples. Uber defends subscription service charges against FTC
• Negative Sentiment: Recent earnings miss and mixed sentiment — Q4 adjusted EPS missed estimates ($0.71 vs $0.79) despite a modest revenue beat; social/analyst debate plus notable institutional selling and insider activity add near-term downside pressure. Uber Stock (UBER) Opinions on Recent Earnings Report

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on UBER shares. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $105.00 price target on shares of Uber Technologies in a report on Thursday, February 5th. DA Davidson decreased their price target on shares of Uber Technologies from $108.00 to $105.00 and set a "buy" rating on the stock in a report on Monday, February 23rd. Citizens Jmp raised shares of Uber Technologies from a "market perform" rating to an "outperform" rating and set a $100.00 price target on the stock in a report on Wednesday, February 4th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Uber Technologies in a report on Thursday, December 18th. Finally, Weiss Ratings cut shares of Uber Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Uber Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $105.14.

Uber Technologies Stock Down 1.7%

Shares of NYSE:UBER opened at $70.55 on Friday. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The firm has a fifty day moving average of $73.35 and a 200 day moving average of $83.39. The firm has a market capitalization of $144.14 billion, a PE ratio of 14.98, a price-to-earnings-growth ratio of 6.42 and a beta of 1.21. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14.

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). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company had revenue of $14.37 billion during the quarter, compared to analysts' expectations of $14.32 billion. During the same quarter last year, the firm posted $3.21 earnings per share. The firm's revenue was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, research analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal 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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