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

Key Points

• Institutional investors are reducing exposure: Livforsakringsbolaget Skandia Omsesidigt cut its Uber stake by 83.2% in the fourth quarter, selling 64,800 shares and leaving it with 13,066 shares worth about $1.07 million.
• Insider selling also continued: Uber SVP Nikki Krishnamurthy sold 30,000 shares at an average price of $74.45, trimming her position by 6.11% and adding to recent insider sale activity.
• Uber remains in focus for growth and efficiency moves: The company is slowing hiring after reporting productivity gains from AI and is capping AI spending, while also expanding its autonomous-vehicle strategy through a major investment in Nuro tied to robotaxi plans.

Livforsakringsbolaget Skandia Omsesidigt lowered its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 83.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,066 shares of the ride-sharing company's stock after selling 64,800 shares during the period. Livforsakringsbolaget Skandia Omsesidigt's holdings in Uber Technologies were worth $1,067,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of UBER. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies during the third quarter worth about $25,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Uber Technologies during the fourth quarter worth about $27,000. Ares Financial Consulting LLC purchased a new stake in shares of Uber Technologies during the fourth quarter worth about $28,000. Imprint Wealth LLC purchased a new stake in shares of Uber Technologies during the third quarter worth about $32,000. Finally, Blueline Advisors LLC purchased a new stake in shares of Uber Technologies during the fourth quarter worth about $37,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber CEO Dara Khosrowshahi said AI tools have boosted employee productivity enough that the company is slowing hiring, which could support margins if the efficiency gains hold. The company also said it is capping AI spending after blowing through its annual budget in just one quarter, signaling tighter cost control. Article: Uber CEO Dara Khosrowshahi Says Company 'Blew' Through Its Annual AI Budget In A Single Quarter, Reports Increased Human Productivity
• Positive Sentiment: Uber is expanding its robotaxi ambitions with a large investment in Nuro, tied to plans for a major autonomous vehicle rollout using Lucid vehicles, which could strengthen its long-term growth story. Article: Uber commits nearly $500 million to Nuro robotaxi startup
• Neutral Sentiment: The company also announced a new grant round through its Health Access Fund with LISC to help low-income patients access transportation, which supports Uber’s brand and community relationships but is unlikely to move the stock on its own. Article: Uber and LISC open new grant application through Health Access Fund to bridge transportation gaps for low-income patients
• Neutral Sentiment: Several reports focused on whether Uber is a buy after recent weakness, reflecting ongoing investor debate rather than a clear new catalyst. Article: Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
• Negative Sentiment: Investors remain worried that robotaxis could disrupt Uber’s ride-hailing business, and reports said the company is recruiting fewer drivers in some self-driving markets and is making a bigger bet on autonomous vehicles to adapt. That shift adds uncertainty around Uber’s future moat and driver supply. Article: Uber is making a much bigger bet on robotaxis
• Negative Sentiment: Uber also cut 23% of roles in its People and Places division, a sign of restructuring that may help efficiency but can also reflect pressure to trim costs amid a more cautious outlook. Article: Uber Reshapes HR Team As Stock Trades Below Valuation Estimates

Insider Transactions at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company's stock in a transaction dated Monday, March 16th. The shares were 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 owned 460,756 shares of the company's stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.81% of the company's stock.

Uber Technologies Stock Down 1.9%

Shares of NYSE UBER opened at $70.84 on Friday. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99. The stock has a market cap of $144.21 billion, a PE ratio of 17.67, a P/E/G ratio of 6.14 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a 50-day moving average of $73.53 and a 200 day moving average of $77.80.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion during the quarter, compared to analysts' expectations of $13.28 billion. During the same quarter in the prior year, the company earned $0.83 EPS. Uber Technologies's revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UBER has been the subject of a number of research reports. Weiss Ratings raised shares of Uber Technologies from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, May 28th. BTIG Research reissued a "buy" rating and set a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, May 26th. BNP Paribas Exane cut shares of Uber Technologies to an "underweight" rating in a research note on Monday, May 11th. Guggenheim reissued a "buy" rating and set a $125.00 target price on shares of Uber Technologies in a research note on Monday, April 27th. Finally, Sanford C. Bernstein reissued an "outperform" rating on shares of Uber Technologies in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $104.68.

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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