Principal Financial Group Inc. Lowers Position in Uber Technologies, Inc. $UBER

Key Points

• Principal Financial Group reduced its stake in Uber by 5.2% in Q4, selling 155,448 shares and now holds 2,847,464 shares worth about $232.7M (roughly 0.14% of the company).
• Uber's latest quarter missed EPS expectations ($0.71 vs. $0.79) while revenue rose 20.1% to $14.37B, and analysts keep a consensus "Moderate Buy" with a $105.11 target amid several downward price-target revisions.
• Insider activity is mixed: an SVP sold 30,000 shares, while the CFO bought 22,453 shares (a ~357% increase in their position), reflecting divergent insider moves.

Principal Financial Group Inc. decreased its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,847,464 shares of the ride-sharing company's stock after selling 155,448 shares during the period. Principal Financial Group Inc. owned about 0.14% of Uber Technologies worth $232,666,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of UBER. Vanguard Group Inc. grew its position in Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares in the last quarter. Northern Trust Corp lifted its position in shares of Uber Technologies by 1.5% during the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company's stock worth $1,911,301,000 after buying an additional 297,132 shares in the last quarter. Capital World Investors boosted its stake in shares of Uber Technologies by 1.1% in the 3rd quarter. Capital World Investors now owns 17,016,467 shares of the ride-sharing company's stock worth $1,667,121,000 after buying an additional 182,976 shares during the last quarter. Legal & General Group Plc grew its holdings in shares of Uber Technologies by 6.9% in the third quarter. Legal & General Group Plc now owns 13,386,313 shares of the ride-sharing company's stock valued at $1,311,457,000 after acquiring an additional 867,719 shares in the last quarter. Finally, Boston Partners grew its holdings in shares of Uber Technologies by 2.9% in the third quarter. Boston Partners now owns 9,422,708 shares of the ride-sharing company's stock valued at $923,919,000 after acquiring an additional 263,824 shares in the last quarter. Institutional investors own 80.24% of the company's stock.

Uber Technologies Stock Performance

NYSE:UBER opened at $72.94 on Wednesday. The company has a market capitalization of $149.01 billion, a P/E ratio of 15.49, a P/E/G ratio of 6.77 and a beta of 1.16. The business has a fifty day simple moving average of $73.89 and a two-hundred day simple moving average of $81.01. 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 $68.46 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company's revenue was up 20.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.21 earnings per share. On average, analysts expect that Uber Technologies, Inc. will post 3.34 earnings per share for the current year.

Analyst Ratings Changes

UBER has been the topic of a number of recent analyst reports. Mizuho dropped their price target on Uber Technologies from $130.00 to $110.00 and set an "outperform" rating on the stock in a report on Thursday, February 5th. TD Cowen restated a "buy" rating on shares of Uber Technologies in a research note on Wednesday, March 11th. Stifel Nicolaus decreased their target price on Uber Technologies from $122.00 to $105.00 and set a "buy" rating for the company in a research report on Tuesday, January 27th. Morgan Stanley lowered their target price on Uber Technologies from $110.00 to $100.00 and set an "overweight" rating on the stock in a research note on Thursday, February 5th. Finally, Benchmark restated a "hold" rating on shares of Uber Technologies in a research report on Thursday, February 5th. One 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 currently has a consensus rating of "Moderate Buy" and a consensus target price of $105.11.

Insider Activity at Uber Technologies

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

Key Stories Impacting Uber Technologies

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 Company 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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