Montrusco Bolton Investments Inc. Sells 438,343 Shares of Uber Technologies, Inc. $UBER

Key Points

• Montrusco Bolton Investments Inc. reduced its Uber stake by 17.4%, selling 438,343 shares in Q4 and now owning 2,086,619 shares valued at about $164,965,000, making Uber its 19th-largest holding.
• Insider activity was mixed: SVP Nikki Krishnamurthy sold 30,000 shares (~$2.23M) while CFO Balaji Krishnamurthy bought 22,453 shares (~$1.6M), with company insiders now owning 3.81% of the stock.
• Market context: institutional investors own 80.24%, MarketBeat shows a consensus rating of Moderate Buy with a price target of $105.14, while shares trade around $74.66 (12‑month range $68.46–$101.99) and the market cap is about $152.53B.

Montrusco Bolton Investments Inc. decreased its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 17.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,086,619 shares of the ride-sharing company's stock after selling 438,343 shares during the quarter. Uber Technologies comprises 2.1% of Montrusco Bolton Investments Inc.'s holdings, making the stock its 19th largest holding. Montrusco Bolton Investments Inc. owned 0.10% of Uber Technologies worth $164,965,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the third quarter valued at approximately $25,000. Westend Capital Management LLC bought a new stake in shares of Uber Technologies during the third quarter valued at approximately $27,000. Imprint Wealth LLC bought a new stake in shares of Uber Technologies during the third quarter valued at approximately $32,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Uber Technologies during the third quarter valued at approximately $34,000. Finally, True Wealth Design LLC boosted its position in shares of Uber Technologies by 38.6% during the third quarter. True Wealth Design LLC now owns 424 shares of the ride-sharing company's stock valued at $42,000 after buying an additional 118 shares during the last quarter. Institutional investors own 80.24% of the company's stock.

Key Uber Technologies News

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

• Positive Sentiment: Bill Ackman remains bullish on Uber, keeping a large Pershing Square stake that can support share demand and signal long-term institutional confidence. Uber Technologies Inc. (UBER): Bill Ackman Continues to Be Bullish
• Positive Sentiment: Uber and Joby Aviation confirmed an air-taxi launch in Dubai by 2026, advancing Uber’s urban air mobility strategy and expanding its addressable market beyond rideshare and delivery over time. This is a strategic growth signal, though commercialization and economics remain multi-year. Uber and Joby Aviation Confirm Air Taxis Launch in Dubai by 2026 -- Time to Buy?
• Positive Sentiment: Uber’s expanded partnership with Block (Square/Cash App) to add Cash App Pay on Uber and Uber Eats can boost payment convenience, reduce friction, and open new monetization avenues across payments and merchant integrations. Block And Uber Tie Up Connects Cash App And Square To Everyday Spending
• Neutral Sentiment: Uber holds an ~11.5% stake in Lucid (LCID). That backing supports Uber’s robotaxi narrative but leaves Uber exposed to LCID’s execution and dilution risk as Lucid faces sharp share declines. Impact on Uber depends on how Lucid performs operationally. Uber Has an 11.52% Stake in Lucid. Does That Make LCID Stock a Buy?
• Neutral Sentiment: Commentary on Uber’s autonomous-vehicle (AV) pivot highlights both long-term growth potential and near-term margin/execution risk — a reminder that AV exposure can be a source of volatility for investors. Uber's AV pivot: Growth opportunity or margin risk?
• Negative Sentiment: Viral rider complaints about higher charges when paying with Amex have drawn negative consumer headlines; recurring payment frictions or perceived price surcharges can hurt demand and invite regulatory or PR follow-up. Uber riders complain they were charged more for paying with Amex cards—one viral video shows a $13 difference

Insider Activity

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total value 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. This trade represents a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the stock in a transaction on Tuesday, February 24th. The stock was acquired at an average cost 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 approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.81% of the company's stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. DA Davidson cut their target price on Uber Technologies from $108.00 to $105.00 and set a "buy" rating on the stock in a research report on Monday, February 23rd. JPMorgan Chase & Co. cut their target price 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. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $105.00 target price on shares of Uber Technologies in a research report on Thursday, February 5th. Wedbush cut their target price on Uber Technologies from $78.00 to $75.00 and set a "neutral" rating on the stock in a research report on Thursday, February 5th. Finally, Morgan Stanley reduced their price objective on Uber Technologies from $110.00 to $100.00 and set an "overweight" rating for the company in a research note on Thursday, February 5th. One research 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $105.14.

Uber Technologies Trading Down 0.1%

Shares of UBER opened at $74.66 on Friday. The business's 50-day moving average price is $73.64 and its 200-day moving average price is $81.95. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99. The stock has a market cap of $152.53 billion, a PE ratio of 15.85, a P/E/G ratio of 6.84 and a beta of 1.21. 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 (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 for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter in the prior year, the company earned $3.21 earnings per share. The company's quarterly 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. On average, equities analysts forecast that Uber Technologies, Inc. will post 3.34 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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