Spire Wealth Management Sells 87,839 Shares of Uber Technologies, Inc. $UBER

Key Points

• Spire Wealth Management cut its Uber stake by 57.2% in Q4, selling 87,839 shares and leaving it with 65,714 shares worth $5.37 million.
• Insider activity was mixed: Tony West sold 3,125 shares at $83.50, while CFO Balaji Krishnamurthy bought 22,453 shares at $71.25 (a 357% increase); institutional investors own about 80.24% of the stock.
• Uber reported Q results with $0.71 EPS (miss vs. $0.79) and $14.37B revenue (slightly above expectations); analysts have a consensus rating of "Moderate Buy" and a $105.29 price target.

Spire Wealth Management trimmed its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 57.2% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 65,714 shares of the ride-sharing company's stock after selling 87,839 shares during the quarter. Spire Wealth Management's holdings in Uber Technologies were worth $5,369,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of UBER. Brant Point Investment Management LLC bought a new position in shares of Uber Technologies during the 2nd quarter valued at approximately $933,000. Spirepoint Private Client LLC lifted its holdings in shares of Uber Technologies by 21.9% in 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. Econ Financial Services Corp bought a new position in shares of Uber Technologies during the third quarter worth $1,538,000. Transcendent Capital Group LLC bought a new position in Uber Technologies during the third quarter valued at approximately $1,859,000. Finally, Munro Partners bought a new position in Uber Technologies during the second quarter valued at approximately $96,294,000. Institutional investors own 80.24% of the company's stock.

Insiders Place Their Bets

In related news, insider Tony West sold 3,125 shares of the business's stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the sale, the insider 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the company's stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares of the company's stock, valued at $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. Insiders own 3.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Melius Research set a $73.00 price objective on Uber Technologies in a research note on Monday, January 5th. Wall Street Zen cut shares of Uber Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, January 17th. Weiss Ratings downgraded shares of Uber Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, March 19th. BTIG Research reissued a "buy" rating and issued a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, March 17th. Finally, Benchmark restated a "hold" rating on shares of Uber Technologies in a research 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 issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $105.29.

Uber Technologies News Roundup

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

• Positive Sentiment: Strategic robotaxi partnership: Uber announced a partnership with Pony.ai and Verne to launch Europe’s first commercial robotaxi service in Zagreb — a capital‑light way to enter European autonomous mobility that could improve long‑term margins and TAM. Article Title
• Positive Sentiment: High street price target: 24/7 Wall St. published a bullish 12‑month price target (~$125), implying substantial upside versus current levels — a signal that some analysts see strong medium‑term upside. Article Title
• Positive Sentiment: Payments/retail deal could boost engagement: Uber signed a multi‑year partnership with Ibotta for US grocery and retail promotions, which may increase app engagement and non‑ride revenue. Article Title
• Positive Sentiment: Brokerage sentiment: Aggregated broker notes show an average rating around “Moderate Buy,” supporting investor confidence among some institutions. Article Title
• Positive Sentiment: Autonomous ecosystem tailwinds: Pony.ai said it will more than double its robotaxi fleet and is expanding internationally — scaling partners like Pony.ai improve the probability Uber’s robotaxi efforts will become meaningful. Article Title
• Positive Sentiment: EV supply relationship: Coverage flagged a large Rivian arrangement with Uber (Rivian deal references), which could help electrify driver fleets and reduce EV adoption friction for Uber drivers. Article Title
• Neutral Sentiment: Investor letters and coverage: Fund letters and Zacks pieces highlight Uber’s strategic positioning and elevated investor interest but provide mixed, non‑actionable takeaways. Article Title Article Title
• Neutral Sentiment: Office expansion/ops updates: Uber is expanding its NYC office and implementing in‑office expectations — operational news that is company‑specific but not clearly material to near‑term earnings. Article Title
• Negative Sentiment: Analyst estimate trims: Erste Group slightly lowered FY2026/2027 EPS forecasts, signaling some analysts see tighter near‑term growth/profitability than before. Article Title
• Negative Sentiment: Short‑term market reaction: Several outlets note the stock fell after the robo‑taxi announcement, suggesting investors are booking profits or treating the move as longer‑term R&D rather than immediate earnings accretive. Article Title

Uber Technologies Stock Down 1.9%

Shares of UBER opened at $69.22 on Friday. The firm has a fifty day moving average price of $75.48 and a 200-day moving average price of $85.14. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $141.41 billion, a P/E ratio of 14.70, a P/E/G ratio of 6.33 and a beta of 1.22. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings results 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). 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 period in the prior year, the business earned $3.21 EPS. 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. Equities research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

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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