Truist Financial Corp Sells 62,922 Shares of Uber Technologies, Inc. $UBER

Truist Financial Corp trimmed its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 9.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 608,150 shares of the ride-sharing company's stock after selling 62,922 shares during the period. Truist Financial Corp's holdings in Uber Technologies were worth $49,692,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company's stock valued at $4,491,000 after purchasing an additional 2,474 shares during the period. Revolve Wealth Partners LLC increased its holdings in Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company's stock valued at $939,000 after purchasing an additional 6,129 shares during the period. Bison Wealth LLC increased its holdings in Uber Technologies by 20.3% in the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company's stock valued at $229,000 after purchasing an additional 641 shares during the period. Caxton Associates LLP acquired a new stake in Uber Technologies in the first quarter valued at $304,000. Finally, Schnieders Capital Management LLC. acquired a new stake in Uber Technologies in the second quarter valued at $842,000. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $72.94 on Wednesday. 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 business has a 50-day moving average price of $73.89 and a two-hundred day moving average price of $81.01. Uber Technologies, Inc. has a 1-year low of $68.46 and a 1-year high of $101.99. The company has a market cap of $149.01 billion, a P/E ratio of 15.49, a PEG ratio of 6.77 and a beta of 1.16.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share 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 business had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. During the same quarter in the previous year, the business posted $3.21 earnings per share. The business's revenue was up 20.1% on a year-over-year basis. As a group, analysts anticipate that Uber Technologies, Inc. will post 3.34 EPS for the current year.

Trending Headlines about 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

Wall Street Analyst Weigh In

UBER has been the subject of a number of recent research reports. Canaccord Genuity Group set a $72.00 price objective on Uber Technologies in a report on Thursday, February 5th. TD Cowen restated a "buy" rating on shares of Uber Technologies in a report on Wednesday, March 11th. Cantor Fitzgerald decreased 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. Jefferies Financial Group restated a "buy" rating on shares of Uber Technologies in a report on Wednesday, January 7th. Finally, KeyCorp decreased their price objective on Uber Technologies from $110.00 to $105.00 and set an "overweight" rating for the company in a report on Tuesday, January 20th. 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 assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $105.11.

Insider Transactions at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of Uber Technologies stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 3.81% of the company's stock.

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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