Mitsubishi UFJ Asset Management Co. Ltd. Buys 5,293,822 Shares of Uber Technologies, Inc. $UBER

Key Points

• Mitsubishi UFJ Asset Management raised its Uber stake 129.7%, buying 5,293,822 shares to hold 9,375,851 shares (about 0.45% of the company) valued at roughly $776.9 million at quarter-end.
• Insider activity was mixed: CFO Balaji A. Krishnamurthy bought 22,453 shares at about $71.25 (a 357% increase in his holding), while SVP Nikki Krishnamurthy sold 30,000 shares at about $74.45.
• Outlook — recent grocery partnerships and a ~ $1B Santander fleet financing support Eats and rides growth, but legal risks and heavy autonomous spending pressure margins; Wall Street consensus is a "Moderate Buy" with a $105.11 target.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 129.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,375,851 shares of the ride-sharing company's stock after acquiring an additional 5,293,822 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.45% of Uber Technologies worth $776,883,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Spirepoint Private Client LLC grew its holdings in Uber Technologies by 21.9% during the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company's stock worth $7,331,000 after buying an additional 13,454 shares in the last quarter. Transcendent Capital Group LLC bought a new position in Uber Technologies in the 3rd quarter worth about $1,859,000. Mawer Investment Management Ltd. purchased a new position in Uber Technologies during the 3rd quarter valued at about $74,107,000. Rhumbline Advisers increased its position in shares of Uber Technologies by 1.1% during the third quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company's stock valued at $365,479,000 after buying an additional 42,278 shares during the period. Finally, Longbow Finance SA lifted its holdings in shares of Uber Technologies by 51.8% in the third quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company's stock worth $11,001,000 after buying an additional 38,304 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the company's stock in a transaction dated Tuesday, February 24th. The stock was bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the acquisition, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the business's stock in a transaction dated 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 transaction, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.81% of the company's stock.

Key Uber Technologies News

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

• Positive Sentiment: Ahold Delhaize is expanding grocery delivery on Uber Eats to nearly 2,000 U.S. stores, a volume and revenue tailwind for Uber’s Eats business. Ahold Delhaize expands Uber Eats grocery delivery to nearly 2,000 US stores
• Positive Sentiment: Stop & Shop announced expanded Uber Eats grocery availability, reinforcing momentum in grocery delivery adoption and unit economics improvement for Eats. Stop & Shop Expands Grocery Delivery for Customers with Uber Eats
• Positive Sentiment: Uber and Santander launched a Europe-focused fleet financing program (≈$1B) to scale rides and prepare for eventual autonomous fleet deployments — reduces capex strain and accelerates growth. Uber, Santander Fuel Europe Expansion With Billion-Dollar Funding—Autonomous Play Brewing
• Positive Sentiment: Robotaxi partners (notably Lucid) and large vehicle orders keep long-term upside tied to autonomous mobility revenue potential if execution is successful. Lucid (LCID) Stock Q1 2026 Earnings Preview: What Analysts Are Watching Today
• Neutral Sentiment: Traders expect a sizable move around Uber’s upcoming Q1 earnings — increased volatility could amplify short-term share swings regardless of fundamentals. Here's How Much Traders Expect Uber Stock to Move After Earnings
• Neutral Sentiment: Earnings previews flag revenue growth but emphasize that investors will parse profit growth and margin trajectory as Uber scales costly autonomous bets. Uber Technologies set to report Q1 results amid autonomous bets, growth in focus
• Neutral Sentiment: Prediction markets show mixed odds on an earnings beat; low consensus beat probability could temper upside even if results are in line. Uber Earnings Prediction Market Preview: What Will Dara Khosrowshahi Say?
• Negative Sentiment: A recent jury verdict highlighted legal exposures that could pressure valuation and increase potential liabilities or regulatory scrutiny — a clear near-term risk for investors. Uber Jury Verdict Puts Legal Risks Beside Valuation Upside For Investors
• Negative Sentiment: Analyst commentary warns that strong growth is meeting rising costs and heavy autonomous spending; profit-growth proof in the coming quarter is essential to avoid further downside. Uber heads into earnings with growth and pressure

Uber Technologies Stock Down 1.3%

Shares of NYSE UBER opened at $72.94 on Wednesday. The firm's fifty day moving average is $73.89 and its 200 day moving average is $81.01. Uber Technologies, Inc. has a 52 week low of $68.46 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 company has a market cap of $149.01 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 6.77 and a beta of 1.16.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same period last year, the business earned $3.21 EPS. Uber Technologies's revenue was up 20.1% on a year-over-year basis. On average, equities research analysts expect that Uber Technologies, Inc. will post 3.34 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on UBER shares. JPMorgan Chase & Co. lowered their price objective on Uber Technologies from $110.00 to $105.00 and set an "overweight" rating on the stock in a research report on Thursday, February 5th. Stifel Nicolaus decreased their target price on Uber Technologies from $122.00 to $105.00 and set a "buy" rating on the stock in a research note on Tuesday, January 27th. UBS Group lowered their price target on Uber Technologies from $111.00 to $110.00 and set a "buy" rating on the stock in a report on Friday. Mizuho dropped their price target on Uber Technologies from $130.00 to $110.00 and set an "outperform" rating for the company in a research report on Thursday, February 5th. Finally, Cantor Fitzgerald cut their price objective on Uber Technologies from $99.00 to $92.00 and set an "overweight" rating for the company in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has given 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 $105.11.

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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