7,261 Shares in Uber Technologies, Inc. $UBER Acquired by Steinberganna Wealth Management

Steinberganna Wealth Management bought a new stake in Uber Technologies, Inc. (NYSE:UBER) during the third quarter, Holdings Channel.com reports. The fund bought 7,261 shares of the ride-sharing company’s stock, valued at approximately $711,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of UBER. Brant Point Investment Management LLC purchased a new stake in Uber Technologies during the 2nd quarter valued at $933,000. Econ Financial Services Corp purchased a new position in shares of Uber Technologies in the third quarter worth $1,538,000. Spirepoint Private Client LLC lifted its holdings in shares of Uber Technologies by 21.9% during the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after purchasing an additional 13,454 shares in the last quarter. Munro Partners purchased a new stake in shares of Uber Technologies during the second quarter valued at $96,294,000. Finally, Prudential PLC increased its holdings in Uber Technologies by 15.7% in the 2nd quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock worth $20,233,000 after buying an additional 29,359 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Key Uber Technologies News

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

• Positive Sentiment: Major sell-side houses reiterated Buy ratings and raised targets (Jefferies $120, BofA $119; Wells Fargo raised its target to $122), supporting upside expectations and signaling confidence in Uber’s margin and cash-flow story. Jefferies and BofA Remain Bullish on Uber Technologies (UBER)
• Positive Sentiment: Robotaxi partnerships unveiled at CES (Uber + Lucid + Nuro) and testing/launch talk for 2026 increase the odds Uber becomes the distribution layer for autonomous fleets—a scenario that can boost margins without heavy capex. Uber & Partners Reveal Robotaxi Design at CES: Sign of More Upside?
• Positive Sentiment: Broader industry moves (Nvidia’s robotaxi initiatives) are being reframed as supportive for Uber—more autonomous vehicle supply can play to Uber’s strengths (demand aggregation, routing, payments). Why Nvidia’s Robotaxi Offensive Could Be Good News For Uber
• Positive Sentiment: Operational tie-ups and product improvements—like renewing global maps with TomTom—help routing efficiency and unit economics, supporting the margin-inflation thesis. Uber Renews Global Maps Deal With TomTom: Growth Thesis Strengthening?
• Neutral Sentiment: Market commentary highlights a narrative shift from growth-at-all-costs to operating leverage, free cash flow and AI/AV repricing—this is more strategic framing than immediate earnings impact. How The Narrative Around Uber Technologies (UBER) Is Shifting With AV And AI Repricing
• Neutral Sentiment: Zacks and MarketBeat pieces flag earnings growth and a consensus price target above current levels, reinforcing the bullish research backdrop but not adding new company-specific catalysts. Earnings Growth & Price Strength Make Uber Technologies (UBER) a Stock to Watch
• Negative Sentiment: A small number of bearish/contrarian calls surfaced (Melius Research upgraded to “strong sell” in one note), adding volatility and differing analyst views on AV risk. Melius Research Strong Sell Coverage
• Negative Sentiment: Shareholder-litigation risk: a Berger Montague investigation into Uber’s board over oversight of rider safety and background checks introduces governance/legal overhang that could pressure sentiment. Berger Montague Investigation Alert

Uber Technologies Trading Up 1.6%

Shares of Uber Technologies stock opened at $87.61 on Friday. The company’s fifty day simple moving average is $86.78 and its 200-day simple moving average is $91.35. The stock has a market capitalization of $182.04 billion, a PE ratio of 11.26 and a beta of 1.20. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, topping the consensus estimate of $0.67 by $2.44. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The firm had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.25 billion. During the same period in the prior year, the business posted $1.20 EPS. Uber Technologies’s revenue was up 20.4% on a year-over-year basis. As a group, equities analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on UBER shares. Mizuho started coverage on shares of Uber Technologies in a research note on Monday, September 29th. They set an “outperform” rating and a $130.00 target price on the stock. Erste Group Bank lowered shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Arete Research set a $125.00 price objective on shares of Uber Technologies and gave the company a “buy” rating in a research report on Wednesday, December 3rd. BTIG Research restated a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, November 4th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Uber Technologies in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $107.14.

Insider Transactions at Uber Technologies

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value of $519,255.00. Following the completion of the sale, the chief financial officer owned 20,330 shares in the company, valued at $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $80.36, for a total value of $251,125.00. Following the transaction, the insider directly owned 175,423 shares in the company, valued at approximately $14,096,992.28. The trade was a 1.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 14,875 shares of company stock valued at $1,348,818. Company insiders own 3.84% of the company’s stock.

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.