Nordea Investment Management AB Sells 206,450 Shares of Uber Technologies, Inc. $UBER

Key Points

• Nordea Investment Management AB sold 206,450 shares of Uber, trimming its stake by 4.6% to 4,291,356 shares worth about $350.5 million (≈0.21% of the company).
• Uber missed Q4 EPS with $0.71 vs. $0.79 expected while reporting $14.37 billion in revenue (up 20.1% YoY), and set Q1 2026 guidance at $0.65–$0.72 EPS.
• Strategic news lifted sentiment as Uber agreed to invest up to $1.25 billion and commit to buying/operating Rivian robotaxis (initial deployments targeted for 2028), while analysts overall rate the stock a "Moderate Buy" (avg. price target $105.29) amid mixed commentary.

Nordea Investment Management AB cut its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,291,356 shares of the ride-sharing company's stock after selling 206,450 shares during the period. Nordea Investment Management AB owned 0.21% of Uber Technologies worth $350,518,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of UBER. Lake Street Private Wealth LLC boosted its position in Uber Technologies by 3.7% during the fourth quarter. Lake Street Private Wealth LLC now owns 81,917 shares of the ride-sharing company's stock valued at $6,693,000 after acquiring an additional 2,910 shares during the last quarter. Sovereign Financial Group Inc. raised its position in shares of Uber Technologies by 25.8% in the 4th quarter. Sovereign Financial Group Inc. now owns 3,918 shares of the ride-sharing company's stock worth $320,000 after acquiring an additional 803 shares in the last quarter. Procyon Advisors LLC lifted its stake in shares of Uber Technologies by 54.1% in the 4th quarter. Procyon Advisors LLC now owns 12,000 shares of the ride-sharing company's stock valued at $981,000 after purchasing an additional 4,213 shares during the period. New England Research & Management Inc. boosted its position in shares of Uber Technologies by 47.3% during the 4th quarter. New England Research & Management Inc. now owns 38,309 shares of the ride-sharing company's stock valued at $3,130,000 after purchasing an additional 12,300 shares in the last quarter. Finally, Tealwood Asset Management Inc. acquired a new stake in Uber Technologies during the fourth quarter worth approximately $1,178,000. Institutional investors own 80.24% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on UBER. Guggenheim cut their price target on Uber Technologies from $135.00 to $125.00 and set a "buy" rating on the stock in a report on Wednesday, February 18th. Sanford C. Bernstein reissued an "outperform" rating on shares of Uber Technologies in a research report on Thursday, December 18th. Needham & Company LLC reaffirmed a "buy" rating and issued a $109.00 price objective on shares of Uber Technologies in a research report on Tuesday, February 3rd. Erste Group Bank cut shares of Uber Technologies from a "buy" rating to a "hold" rating in a research report on Friday, December 5th. Finally, TD Cowen reaffirmed a "buy" rating on shares of Uber Technologies in a research report on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Uber Technologies presently has an average rating of "Moderate Buy" and an average price target of $105.29.

Uber Technologies Stock Performance

NYSE:UBER opened at $73.86 on Friday. The company has a market capitalization of $152.01 billion, a P/E ratio of 15.68, a P/E/G ratio of 6.77 and a beta of 1.22. The business has a fifty day simple moving average of $76.76 and a two-hundred day simple moving average of $85.87. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.08). The business had revenue of $14.37 billion for the quarter, compared to analysts' expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies's revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period last year, the company earned $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business's stock in a transaction on Tuesday, February 24th. The stock was acquired at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the purchase, the chief financial officer directly 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. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the sale, the insider directly owned 176,584 shares of the company's stock, valued at $14,744,764. This represents a 1.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.84% of the stock is owned by company insiders.

Uber Technologies News Roundup

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

• Positive Sentiment: Major Rivian robotaxi partnership — Uber agreed to invest up to $1.25B and commit to buying/operating thousands of Rivian R2 autonomous vehicles (initial deployments targeted for 2028), a concrete step toward a higher‑margin AV future. Uber to invest up to $1.25 billion in Rivian as part of robotaxi deal
• Positive Sentiment: NVIDIA tie‑ups and positive coverage amplified bullish momentum — media and commentators (including Jim Cramer) highlighted Uber’s expanded AV roadmap with Nvidia, reinforcing the narrative of scaled AV partnerships and potential long‑term upside. Jim Cramer Explains Why “Uber Stock Caught Fire Earlier This Week”
• Positive Sentiment: Analyst support — firms (e.g., BTIG reaffirm) continue to back Uber, providing a bullish analyst backdrop that can stabilize sentiment after volatile moves. BTIG Research Reaffirms "Buy" Rating for Uber Technologies NYSE: UBER
• Neutral Sentiment: Operational progress is visible but early — pilots (Motional, other partners) and roadmap milestones signal execution, yet revenue/timeframe impact remains distant. Is Uber's Mega Deal With Rivian a Game-Changer in the Robotaxi Space?
• Neutral Sentiment: Operational productivity/AI initiatives — Uber’s CTO says engineers are accelerating with AI tooling (potential cost/productivity tailwinds), but benefits are incremental and longer term. Uber CTO Says 95% Of Engineers Use AI Tools Monthly As Coding Shift Accelerates
• Negative Sentiment: Deal skepticism and “up to” caveats — several outlets and analysts warned the Rivian pact includes conditional language and milestones, raising questions about timing, scale and capital exposure. Uber Can’t Save Rivian
• Negative Sentiment: Short‑term negative headlines and valuation concerns — critical pieces (Seeking Alpha, market commentators) flagged execution risk and stretched forward valuation, which pressures sentiment if optimism cools. Uber: I've Been Bullish For Years - Not Anymore
• Negative Sentiment: Corporate/operational noise — an insider sale was disclosed and there are localized driver strikes (Lagos) plus AV safety scrutiny from recent high‑profile incidents, all of which can sap near‑term confidence. SEC filing: Insider sale by Nikki Krishnamurthy Uber seeks dialogue as Lagos drivers continue strike

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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