Hollencrest Capital Management Increases Stock Holdings in Uber Technologies, Inc. $UBER

Hollencrest Capital Management grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 297.6% during the third quarter, Holdings Channel reports. The firm owned 9,634 shares of the ride-sharing company’s stock after purchasing an additional 7,211 shares during the quarter. Hollencrest Capital Management’s holdings in Uber Technologies were worth $944,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in UBER. Norges Bank acquired a new stake in shares of Uber Technologies in the second quarter valued at $2,348,319,000. Pacer Advisors Inc. lifted its stake in Uber Technologies by 1,905.3% during the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock worth $426,216,000 after purchasing an additional 4,133,532 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Uber Technologies by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after buying an additional 3,025,483 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Uber Technologies by 4,471.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock valued at $290,660,000 after acquiring an additional 2,901,936 shares during the last quarter. Finally, Nordea Investment Management AB boosted its position in shares of Uber Technologies by 105.9% in the 2nd quarter. Nordea Investment Management AB now owns 5,459,829 shares of the ride-sharing company’s stock valued at $506,618,000 after purchasing an additional 2,807,967 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other 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 of the company’s stock, 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 Securities & Exchange Commission, which is available at this hyperlink. Also, 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 completion of the sale, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. This trade represents a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 14,875 shares of company stock worth $1,319,130 in the last 90 days. Company insiders own 3.70% of the company’s stock.

Uber Technologies Stock Down 1.8%

Shares of UBER opened at $79.77 on Thursday. The firm has a market cap of $165.75 billion, a PE ratio of 10.25 and a beta of 1.20. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. The company’s fifty day moving average is $84.06 and its two-hundred day moving average is $90.38. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, beating 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 business had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. During the same period in the previous year, the company posted $1.20 EPS. The company’s revenue was up 20.4% compared to the same quarter last year. Analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Arete Research set a $125.00 price target on shares of Uber Technologies and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Cantor Fitzgerald cut their target price on Uber Technologies from $108.00 to $99.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Wall Street Zen cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Exane BNP Paribas raised Uber Technologies to a “strong-buy” rating in a report on Wednesday, January 14th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Uber Technologies in a research report on Monday, December 29th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.50.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber committed up to $500M to Waabi and is part of a financing that could scale Waabi from trucking into robotaxis; investors view this as a multi-year growth catalyst if robotaxi deployments materialize. Uber invests US$500 million in Canada’s Waabi to accelerate robotaxi push
• Positive Sentiment: Waabi raised up to $1B (with Uber among investors) and plans robotaxi expansion, implying Uber could access thousands of autonomous vehicles over time — a potential long-term margin and CAPEX lever. Waabi raises up to $1 billion and partners with Uber to deploy 25,000 robotaxis as the race to dominate self-driving heats up
• Positive Sentiment: Uber launched “AV Labs” to collect driving data for its AV partners — a low-cost way to support partner testing and speed monetization of robotaxi fleets without owning all the hardware. Uber launches an ‘AV Labs’ division to gather driving data for robotaxi partners
• Neutral Sentiment: Analysts and previews flag 19% revenue growth expected for Q4 but warn EPS may decline versus last year — this leaves the upcoming earnings report a potential short-term volatility trigger. Uber Q4 Earnings on Deck: Buy, Sell or Hold It Ahead of Results?
• Neutral Sentiment: Pre-earnings coverage and previews (Zacks, BusinessWire) are raising expectations for top-line growth but caution on margins — investors should watch guidance and driver/ride metrics in the print. Earnings Preview: Uber Technologies (UBER) Q4 Earnings Expected to Decline
• Negative Sentiment: Short-term sentiment is being hurt by an “autonomous-vehicle narrative” that has pressured the stock despite strategic moves — market framing of AV risk vs. reward appears to be a driver of today’s weakness. Uber Technologies (UBER): Impacted by Autonomous-Vehicle Related Narrative
• Negative Sentiment: Legal and governance headlines — including a shareholder-lawyer investigation into the board over rider safety/background checks and ongoing litigation (including a sexual-assault trial where Uber is contesting liability) — add regulatory/legal tail risk. INVESTIGATION ALERT: Berger Montague PC Investigates Uber Technologies, Inc.’s Board of Directors for Breach of Fiduciary Duty
• Negative Sentiment: Coverage highlighting Uber as a “worst performer” in some funds and broader legal/data-security commentary (ex-officer and SolarWinds lessons) are contributing to negative press and may pressure near-term flows. Uber Technologies (UBER) was the Worst Performer: NewBridge Large Cap Growth Equity

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.