Uber Technologies, Inc. $UBER Stake Trimmed by Perpetual Ltd

Key Points

• Perpetual Ltd trimmed its Uber stake by 26.2% in Q4, selling 106,215 shares and leaving 299,225 shares valued at about $24.45 million, while institutional investors own roughly 80.24% of the stock.
• Corporate insiders have been selling recently — SVP Nikki Krishnamurthy sold 30,000 shares at $74.45 and Tony West sold 3,125 shares — leaving insiders with about 3.84% ownership.
• Operational and market context: Uber missed EPS ($0.71 vs. $0.79) but beat revenue estimates, is pursuing premium growth (acquiring Blacklane), and carries a consensus "Moderate Buy" with an average analyst target around $105.14.

Perpetual Ltd lowered its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 26.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 299,225 shares of the ride-sharing company's stock after selling 106,215 shares during the quarter. Perpetual Ltd's holdings in Uber Technologies were worth $24,450,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Brant Point Investment Management LLC acquired a new stake in Uber Technologies during the second quarter valued at $933,000. Spirepoint Private Client LLC increased its position in Uber Technologies by 21.9% in the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company's stock worth $7,331,000 after purchasing an additional 13,454 shares during the last quarter. Econ Financial Services Corp acquired a new position in Uber Technologies in the 3rd quarter worth about $1,538,000. Transcendent Capital Group LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter worth about $1,859,000. Finally, Munro Partners purchased a new stake in shares of Uber Technologies during the 2nd quarter worth about $96,294,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company's stock in a transaction that occurred on Monday, March 16th. The stock was 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 represents a 6.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Tony West sold 3,125 shares of the firm'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 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 position. The SEC filing for this sale provides additional information. Corporate insiders own 3.84% of the company's stock.

Uber Technologies Stock Down 0.1%

UBER stock opened at $71.75 on Friday. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month high of $101.99. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The company has a market cap of $146.59 billion, a PE ratio of 15.23, a price-to-earnings-growth ratio of 6.57 and a beta of 1.21. The business's 50-day simple moving average is $74.28 and its 200 day simple moving average is $84.36.

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 net margin of 19.33% and a return on equity of 43.63%. The firm had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. During the same period last year, the company earned $3.21 EPS. 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 anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

More Uber Technologies News

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

• Positive Sentiment: Uber agreed to acquire Blacklane, adding a global premium chauffeur/pre‑booked executive travel business to diversify beyond core ride‑hail and deepen corporate/luxury reach — a move analysts say supports higher-margin revenue and narrows valuation concerns. Uber’s Blacklane Deal Puts Focus On Premium Growth And Valuation Gap
• Positive Sentiment: Bank of America Securities reiterated a Buy on UBER with a $103 price target, explicitly citing the Blacklane deal — institutional support that could underpin the stock ifexecution and premium expansion play out. Bank of America Securities Maintains a Buy Rating on Uber (UBER) Following Blacklane Acquisition
• Positive Sentiment: Uber and WeRide launched Level‑4, fare‑charging robotaxis in Dubai (Uber holds a ~5.82% stake in WeRide). Real‑world AV deployments can reduce long‑term driver costs and open new mobility revenue streams if scalable. Uber Holds a 5.82% Stake in WeRide. Should You Buy WRD Stock Too?
• Positive Sentiment: Uber expanded EV incentives for drivers (national program offering up to $6,500; other reports cite $4,000 offers) to accelerate electrification, reduce driver fuel exposure, and support regulatory/ESG positioning — a potential long‑term cost saving and PR positive. Uber expands EV grant nationwide, offering drivers up to $6,500 in incentives
• Neutral Sentiment: CEO Dara Khosrowshahi signaled openness to integrating Tesla robotaxis on Uber’s platform — a potential revenue upside but dependent on third‑party AV readiness and regulatory approvals. Uber CEO Dara Khosrowshahi hopes to incorporate Tesla robotaxis on its platform: 'It's a great car'
• Neutral Sentiment: Commentary pieces on AI/agent infrastructure and autonomy debate (Fortune, Motley Fool, Zacks) frame longer‑term strategic context but are unlikely to move the stock near term. I helped build Uber and Discord and now my tools help fuel billion-dollar unicorns. But Silicon Valley is losing the AI race to itself
• Negative Sentiment: Restaurant partners pushed back after Eats fee increases — a notable chain cut ties, highlighting merchant resistance that could pressure Eats GMV or force promotions/fee rollbacks. Popular pizza chain cuts ties with Uber Eats
• Negative Sentiment: Outlets urging caution note autonomous vehicles could both help and threaten Uber’s core ride business — if OEMs monetize robotaxis directly, Uber’s take-rate and marketplace edge could be pressured. Should You Buy Uber Stock on the Dip?

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Canaccord Genuity Group set a $72.00 price target on shares of Uber Technologies in a research note on Thursday, February 5th. Citigroup reaffirmed a "buy" rating on shares of Uber Technologies in a research note on Tuesday, March 17th. Erste Group Bank downgraded shares of Uber Technologies from a "buy" rating to a "hold" rating in a research report on Friday, December 5th. Sanford C. Bernstein restated an "outperform" rating on shares of Uber Technologies in a report on Thursday, December 18th. Finally, Morgan Stanley reduced their price target on Uber Technologies from $110.00 to $100.00 and set an "overweight" rating for the company in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $105.14.

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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