Uber Technologies, Inc. $UBER Shares Purchased by Livforsakringsbolaget Skandia Omsesidigt

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its Uber stake by 495.9%, buying 64,800 shares to hold 77,866 shares worth about $7.63 million, and institutional investors now own roughly 80.24% of the company.
• Uber struck a high‑profile partnership with Nvidia to roll out Level‑4 robotaxis (starting 1H 2027 in LA/SF and aiming for 28 cities by 2028), a catalyst that has drawn analyst support but still faces significant competitive, regulatory and execution risks.
• Insider activity was mixed—CFO Balaji Krishnamurthy bought 22,453 shares at $71.25 while Tony West sold 3,125 shares—and the stock recently climbed ~4.2%; Uber has a market cap near $160 billion, a P/E around 16.5, reported $14.37 billion in quarterly revenue, and offered Q1 guidance of $0.65–$0.72 EPS.

Livforsakringsbolaget Skandia Omsesidigt raised its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 495.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 77,866 shares of the ride-sharing company's stock after purchasing an additional 64,800 shares during the period. Livforsakringsbolaget Skandia Omsesidigt's holdings in Uber Technologies were worth $7,625,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in UBER. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies in the 3rd quarter valued at about $25,000. Kilter Group LLC acquired a new position in Uber Technologies during the second quarter worth about $26,000. Westend Capital Management LLC acquired a new position in Uber Technologies during the third quarter worth about $27,000. Total Investment Management Inc. purchased a new stake in shares of Uber Technologies in the second quarter valued at about $32,000. Finally, Imprint Wealth LLC purchased a new stake in shares of Uber Technologies in the third quarter valued at about $32,000. Hedge funds and other institutional investors own 80.24% of the company's stock.

More Uber Technologies News

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

• Positive Sentiment: Landmark Nvidia deal — Uber and Nvidia plan to launch Nvidia‑powered Level‑4 robotaxis beginning in Los Angeles and San Francisco in 1H 2027 and scale to 28 cities by 2028; the tie‑up uses NVIDIA DRIVE Hyperion and the “Alpamayo” AI model to accelerate simulation, routing and fleet ops, which investors view as de‑risking Uber’s AV roadmap. MarketWatch: Uber’s stock powers higher as Nvidia robotaxi deal helps avert ‘doomsday’ scenario
• Positive Sentiment: Analyst and bank support — Bank of America says the expanded Nvidia partnership significantly improves Uber’s medium‑term AV supply outlook; BTIG reaffirmed a Buy and set a $100 price target, reinforcing bullish analyst sentiment. ProactiveInvestors: Uber-Nvidia deal boosts Bank of America's confidence Benzinga: BTIG reaffirms Buy, $100 PT
• Positive Sentiment: Commercial deployments are already expanding — Uber and Motional launched robotaxi service in Las Vegas (Hyundai Ioniq 5), and Uber is forging other partnerships (including with Zoox/Hyundai) that broaden its AV access points. Zacks: Uber, Motional launch Las Vegas service
• Neutral Sentiment: Platform expansion moves — Uber is integrating parking (SpotHero) and creating “Uber Autonomous Solutions,” diversifying monetization beyond rideshare but adding execution complexity. Yahoo Finance: Uber expands into parking and autonomy
• Neutral Sentiment: Valuation and investor debate — Some coverage frames UBER at ~22x forward earnings; the Nvidia news is a catalyst but raises questions about how much AV upside is already priced in. Invezz: Is UBER stock a buy at 22x forward earnings?
• Negative Sentiment: Competitive and execution risks — Waymo and other incumbents already operate commercial robotaxi services; scaling driverless fleets across dozens of cities requires regulatory approvals, safety validation and capex, which could delay value realization. Reuters: Uber, Nvidia plan robotaxi rollout
• Negative Sentiment: Macro/AI skepticism — Prominent investors and commentators caution about AI hype and execution risk, a reminder that enthusiasm can outpace fundamentals. CNBC: Bill Gurley on AI bubble

Insider Buying and Selling

In other Uber Technologies news, insider Tony West sold 3,125 shares of the stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the transaction, the insider owned 176,584 shares of the company's stock, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the firm's stock in a transaction on Tuesday, February 24th. The stock was bought at an average price 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 $2,047,867.50. The trade was 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 3.70% of the company's stock.

Uber Technologies Stock Up 4.2%

UBER opened at $77.81 on Wednesday. Uber Technologies, Inc. has a 12 month low of $60.63 and a 12 month high of $101.99. The business has a 50-day moving average of $77.42 and a two-hundred day moving average of $86.20. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $160.15 billion, a price-to-earnings ratio of 16.52, a price-to-earnings-growth ratio of 6.84 and a beta of 1.22.

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 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 for the quarter, compared to analysts' expectations of $14.32 billion. During the same quarter in the previous year, the company earned $3.21 earnings per share. The company's 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, research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on UBER shares. Stifel Nicolaus lowered their price target on shares of Uber Technologies from $122.00 to $105.00 and set a "buy" rating on the stock in a research report on Tuesday, January 27th. The Goldman Sachs Group set a $125.00 price objective on Uber Technologies in a research report on Wednesday, February 4th. Benchmark reaffirmed a "hold" rating on shares of Uber Technologies in a research note on Thursday, February 5th. UBS Group set a $111.00 target price on Uber Technologies in a report on Monday, February 2nd. Finally, DA Davidson dropped their price target on Uber Technologies from $108.00 to $105.00 and set a "buy" rating for the company in a research report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $105.29.

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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