Uber Technologies, Inc. $UBER Shares Sold by Gateway Investment Advisers LLC

Key Points

• Gateway Investment Advisers LLC cut its stake in Uber by 66.4% in Q4, selling 193,455 shares and leaving 97,870 shares worth about $7.997 million.
• Insider activity was mixed: CFO Balaji (A) Krishnamurthy bought 22,453 shares at $71.25 (raising his position 357%), while SVP Nikki Krishnamurthy sold 30,000 shares at $74.45; insiders now own 3.81% of the stock.
• Uber beat Q1 adjusted EPS ($0.72 vs. $0.69) and guided to stronger June‑quarter bookings, prompting several analysts to lift targets (JPMorgan raised its PT to $110); the consensus rating is a "Moderate Buy" with an average target of $105.40.

Gateway Investment Advisers LLC lowered its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 66.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,870 shares of the ride-sharing company's stock after selling 193,455 shares during the period. Gateway Investment Advisers LLC's holdings in Uber Technologies were worth $7,997,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Indivisible Partners bought a new position in Uber Technologies in the fourth quarter worth about $577,000. Stevens Capital Management LP lifted its holdings in Uber Technologies by 199.6% in the fourth quarter. Stevens Capital Management LP now owns 26,680 shares of the ride-sharing company's stock worth $2,180,000 after acquiring an additional 17,775 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Uber Technologies by 129.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company's stock worth $776,883,000 after acquiring an additional 5,293,822 shares during the last quarter. Destiny Wealth Partners LLC lifted its holdings in Uber Technologies by 2.1% in the fourth quarter. Destiny Wealth Partners LLC now owns 58,751 shares of the ride-sharing company's stock worth $4,816,000 after acquiring an additional 1,195 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Uber Technologies by 0.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 288,895 shares of the ride-sharing company's stock worth $23,606,000 after acquiring an additional 2,701 shares during the last quarter. Institutional investors own 80.24% of the company's stock.

Insider Buying and Selling

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business's stock in a transaction dated Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the acquisition, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. This represents a 357.02% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies 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 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.81% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on UBER shares. JPMorgan Chase & Co. raised their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an "overweight" rating in a report on Thursday. Wall Street Zen cut shares of Uber Technologies from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. DA Davidson raised their target price on shares of Uber Technologies from $105.00 to $107.00 and gave the stock a "buy" rating in a report on Wednesday. BNP Paribas Exane started coverage on shares of Uber Technologies in a report on Wednesday, January 14th. They issued an "outperform" rating and a $108.00 target price on the stock. Finally, BTIG Research reissued a "buy" rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $105.40.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Q1 beat on profit and strong bookings guide — Uber reported $0.72 adjusted EPS (beat) and issued a June‑quarter gross bookings outlook above consensus, which underpinned optimism about demand recovery in rides and delivery. Uber forecasts strong second-quarter bookings despite Middle East woes
• Positive Sentiment: Analysts lifting targets and reiterating buys — Several firms raised or reiterated bullish ratings (JPMorgan raised its PT to $110; Needham reaffirmed Buy at $109; DA Davidson raised its PT), supporting upside thesis. Benzinga analyst notes
• Positive Sentiment: Platform expansion and partnerships — New deals (Uber Eats + Ulta, grocery tie‑ups with Ahold Delhaize and integrations such as Solera) and product moves into travel bookings broaden TAM and bolster recurring revenue potential. Uber Eats and Ulta Beauty Team-Up
• Neutral Sentiment: Longer-term robotaxi/AV narrative remains a catalyst but execution-focused — CEO commentary and moves (large Rivian robotaxi order, partner-led AV approach) keep a structural growth story alive, but timing and capital intensity remain uncertain. Uber Just Ordered 10,000 Rivian Robotaxis
• Neutral Sentiment: Mixed quarter details — Revenue rose 14% y/y but slightly missed estimates; non‑GAAP EPS beat while some transcripts and headlines emphasized metric differences, producing mixed investor interpretations. Uber Q1 earnings summary
• Negative Sentiment: Regional headwinds and profit‑taking — Management flagged roughly a 60bp drag from the Middle East conflict; after the initial post‑earnings pop, some profit‑taking and rotation pressured the shares. Uber hit by Middle East conflict despite strong bookings
• Negative Sentiment: Wall Street split and selective downgrades — While many firms stayed bullish, some desks trimmed targets (Goldman cited concerns), leaving sentiment fractured and increasing intraday volatility. Wall Street Splits on Uber

Uber Technologies Stock Performance

UBER opened at $76.87 on Friday. The business's 50 day moving average is $74.17 and its 200-day moving average is $80.81. The stock has a market cap of $157.03 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 7.29 and a beta of 1.16. The company has a current ratio of 1.07, a quick ratio of 1.14 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to analysts' expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, analysts predict that Uber Technologies, Inc. will post 3.32 earnings per share for the current year.

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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