Mitsubishi UFJ Asset Management Co. Ltd. Purchases 245,423 Shares of Uber Technologies, Inc. $UBER

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Uber Technologies, Inc. (NYSE:UBER) by 6.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 4,082,029 shares of the ride-sharing company’s stock after buying an additional 245,423 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.20% of Uber Technologies worth $399,916,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in UBER. Citizens Business Bank increased its position in shares of Uber Technologies by 10.5% in the 3rd quarter. Citizens Business Bank now owns 84,038 shares of the ride-sharing company’s stock valued at $8,233,000 after buying an additional 8,018 shares in the last quarter. GCQ FUNDS MANAGEMENT PTY Ltd grew its stake in Uber Technologies by 32.3% in the third quarter. GCQ FUNDS MANAGEMENT PTY Ltd now owns 1,324,841 shares of the ride-sharing company’s stock valued at $129,795,000 after acquiring an additional 323,415 shares during the period. WIM INVESTMENT MANAGEMENT Ltd increased its holdings in shares of Uber Technologies by 4.7% in the third quarter. WIM INVESTMENT MANAGEMENT Ltd now owns 238,188 shares of the ride-sharing company’s stock worth $23,335,000 after acquiring an additional 10,600 shares in the last quarter. AlphaCore Capital LLC raised its position in shares of Uber Technologies by 22.5% during the third quarter. AlphaCore Capital LLC now owns 19,069 shares of the ride-sharing company’s stock worth $1,868,000 after purchasing an additional 3,506 shares during the period. Finally, Sumitomo Life Insurance Co. raised its position in shares of Uber Technologies by 18.4% during the third quarter. Sumitomo Life Insurance Co. now owns 157,639 shares of the ride-sharing company’s stock worth $15,444,000 after purchasing an additional 24,479 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies News Summary

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

• Positive Sentiment: Uber is adding electric air‑taxi rides to its app via a partnership rollout (Dubai launch announced), opening a new luxury/high‑margin modal and validating the Joby (JOBY) tie‑up — a clear product expansion that drove headlines and helped JOBY shares jump. Electric Air Taxis Come To The Uber App
• Positive Sentiment: Uber agreed to acquire SpotHero, adding ~13,000 parking locations across 400+ North American cities and integrating reservations into the Uber app — expands addressable market, cross‑sell opportunities for Uber One and commuter monetization. Uber to Acquire SpotHero, Expands Into Parking
• Positive Sentiment: Uber announced product and services extensions — Uber Autonomous Solutions (software, fleet ops, regulatory support), Uber Health self‑booking, and grocery expansion in Canada — each can raise take‑rates or drive incremental volume across platforms. Uber Unveils Uber Autonomous Solutions
• Positive Sentiment: Insider confidence: CFO Balaji Krishnamurthy bought ~22,453 shares (~$1.6M), a signal some investors view as management backing the stock at current levels. Uber CFO Buys $1,599,776.25 in Stock
• Neutral Sentiment: Analyst/commentary mix: bullish pieces argue long‑term upside from platform expansion, but valuation and execution risk are emphasized — suggests upside is contingent on execution and margin delivery. Uber: Market Uncertainty Has Discounted This High‑Quality Stock
• Neutral Sentiment: Wayve’s $1.2B raise (including milestone commitments tied to partners) highlights industry funding momentum in AV software; Uber’s involvement signals strategic bets but unclear near‑term revenue impact. Wayve Raises $1.2B
• Negative Sentiment: India’s government‑backed, zero‑commission taxi service poses a direct competitive risk in a high‑growth market — could pressure pricing and growth metrics in one of Uber’s largest opportunity markets. India Backs New Ride‑Hailing Service
• Negative Sentiment: Autonomy competition and partner performance: Waymo’s expansion to more U.S. markets and reports of limited testing mileage for robotaxi partner Nuro highlight competitive and execution risks that could delay Uber’s full AV monetization. Waymo’s Robotaxis Now Being Dispatched in 10 Major U.S. Markets Nuro Testing Shortfalls

Insider Buying and Selling at Uber Technologies

In other news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The shares were purchased at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly owned 28,742 shares in the company, valued at $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.84% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on UBER shares. BNP Paribas Exane started coverage on Uber Technologies in a research report on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 price objective for the company. BMO Capital Markets reduced their price target on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating for the company in a report on Wednesday, November 5th. UBS Group set a $111.00 price objective on shares of Uber Technologies in a research report on Monday, February 2nd. TD Cowen reaffirmed a “buy” rating on shares of Uber Technologies in a research report on Wednesday, November 5th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Uber Technologies in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $104.53.

Uber Technologies Stock Performance

UBER opened at $72.80 on Thursday. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99. The firm has a market capitalization of $149.84 billion, a PE ratio of 15.46, a PEG ratio of 6.54 and a beta of 1.21. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. The business’s 50-day simple moving average is $79.25 and its 200 day simple moving average is $88.11.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter in the prior year, the business earned $3.21 earnings per share. The firm’s revenue for the quarter was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, sell-side analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal 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.