Herbst Group LLC Decreases Stake in Uber Technologies, Inc. $UBER

Herbst Group LLC cut its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 23.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,650 shares of the ride-sharing company’s stock after selling 7,950 shares during the period. Herbst Group LLC’s holdings in Uber Technologies were worth $2,178,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies in the third quarter valued at about $25,000. Kilter Group LLC purchased a new stake in Uber Technologies during the 2nd quarter worth approximately $26,000. Westend Capital Management LLC purchased a new stake in Uber Technologies during the 3rd quarter worth approximately $27,000. Total Investment Management Inc. acquired a new position in shares of Uber Technologies in the 2nd quarter valued at approximately $32,000. Finally, Imprint Wealth LLC acquired a new position in shares of Uber Technologies in the 3rd quarter valued at approximately $32,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $71.77 on Thursday. 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 firm’s 50-day moving average price is $74.70 and its two-hundred day moving average price is $84.64. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99. The stock has a market capitalization of $146.62 billion, a P/E ratio of 15.24, a P/E/G ratio of 6.58 and a beta of 1.21.

Uber Technologies (NYSE:UBER) last posted its 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). The company had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The firm’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period last year, the company posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, sell-side analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insider Activity at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the transaction, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer 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. Insiders own 3.84% of the company’s stock.

Uber Technologies News Roundup

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

• Positive Sentiment: Report says Uber is evaluating a possible purchase of a controlling interest in Kakao Mobility, which would meaningfully expand its footprint in South Korea and give it stronger local market scale. Uber evaluating possible purchase of controlling interest in Kakao Mobility – report
• Positive Sentiment: Uber has increased its stake and is ramping a robotaxi partnership with WeRide in Dubai, with fully driverless, fare‑charging robotaxis now operating — a tangible step toward AV revenue generation and long‑term margin upside. Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai
• Positive Sentiment: Uber is acquiring Germany’s premium ride provider Blacklane to expand higher‑margin premium offerings, supporting revenue diversification in ride‑hailing. Uber to expand premium offerings with Germany’s Blacklane acquisition
• Positive Sentiment: High-profile endorsement: Jim Cramer reiterated a long‑term bullish view, which can support investor confidence after recent share weakness. Jim Cramer on Says Uber Technologies “Represents Long-Term Great Value”
• Neutral Sentiment: Uber partnered with Ibotta to expand marketing reach in the U.S.; modest commercial benefit but limited near‑term stock impact. Ibotta (IBTA) Partners with Uber Technologies to Expand Its Marketing Presence in U.S. Market
• Neutral Sentiment: Uber’s Chief Deputy GC discussed legal‑tech collaboration; operational/efficiency topic that’s important long term but unlikely to move the stock immediately. Uber’s Chief Deputy GC: Legal Tech ‘Collaboration Must Replace Standardization’
• Neutral Sentiment: Coverage pieces (e.g., Motley Fool, Zacks) debate Uber’s growth story and valuation — helpful background for investors but mixed in tone. Is Uber Technologies (UBER) One of Motley Fool’s High-Growth Stock Picks?
• Negative Sentiment: Wells Fargo lowered expectations for Uber’s stock price, which can pressure sentiment and weigh on near‑term multiples given Uber’s sensitivity to guidance and margin progress. Wells Fargo & Company Has Lowered Expectations for Uber Technologies (NYSE:UBER) Stock Price
• Negative Sentiment: Isolated frictions: reports of vandalism to Uber Eats delivery robots in Sheffield are a small operational/PR headwind around robot delivery pilots. Uber Eats delivery robots vandalised in Sheffield

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on UBER. TD Cowen reissued a “buy” rating on shares of Uber Technologies in a research report on Wednesday, March 11th. Mizuho reduced their price objective on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, February 5th. Citizens Jmp raised shares of Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a report on Wednesday, February 4th. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research report on Thursday, February 5th. Finally, Wedbush cut their target price on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target 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.