Trinity Street Asset Management LLP cut its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 4.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 289,072 shares of the ride-sharing company’s stock after selling 12,962 shares during the period. Uber Technologies accounts for 1.5% of Trinity Street Asset Management LLP’s investment portfolio, making the stock its 16th largest holding. Trinity Street Asset Management LLP’s holdings in Uber Technologies were worth $23,620,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in UBER. Spirepoint Private Client LLC raised its holdings in shares of 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 valued at $7,331,000 after purchasing an additional 13,454 shares in the last quarter. Econ Financial Services Corp acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at $1,538,000. Transcendent Capital Group LLC acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at $1,859,000. Munro Partners acquired a new stake in shares of Uber Technologies in the 2nd quarter valued at $96,294,000. Finally, Mawer Investment Management Ltd. acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at $74,107,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Uber Technologies news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction on Tuesday, February 24th. The shares were bought at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the transaction, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’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 transaction, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.84% of the stock is currently owned by insiders.
Uber Technologies Price Performance
Uber Technologies (NYSE:UBER – Get Free Report) last announced 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 return on equity of 43.63% and a net margin of 19.33%.The company had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. During the same quarter in the prior year, the business earned $3.21 earnings per share. Uber Technologies’s revenue 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 predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on UBER shares. Wedbush reduced their price objective on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Guggenheim cut their price target on shares of Uber Technologies from $135.00 to $125.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Cantor Fitzgerald cut their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. UBS Group set a $111.00 price target on shares of Uber Technologies in a research note on Monday, February 2nd. Finally, Canaccord Genuity Group set a $72.00 price target on shares of Uber Technologies in a research note 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 issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and an average target price of $105.14.
View Our Latest Research Report on Uber Technologies
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts (to $3.35 and $4.24, respectively), a sign some sell‑side analysts are lifting earnings expectations versus prior estimates — supportive for investor sentiment and valuation expectations.
- Positive Sentiment: Uber expanded its AWS deal to run more workloads on Amazon’s Graviton processors and trial Trainium3 for AI training — this should lower compute costs and speed ride‑matching/AI features, improving unit economics over time. Read More.
- Positive Sentiment: Uber Eats is broadening retail delivery (Ace Hardware partnership with ~3,700 locations) and other non‑restaurant fulfilment pushes — expands addressable market and monetization for delivery. Read More.
- Positive Sentiment: Verne (Uber‑backed) and Pony.ai launched Europe’s first commercial robotaxi service in Zagreb — a milestone for autonomous ride revenue potential and international AV deployment. Read More.
- Positive Sentiment: Uber is acquiring Blacklane to strengthen its luxury/chauffeur product — expands higher‑margin service offerings and bolsters travel market positioning. Read More.
- Positive Sentiment: Bullish coverage and high price targets from outlets (e.g., 247WallStreet’s $123.73 target) add narrative upside for growth investors, supporting positive sentiment among buyers. Read More.
- Neutral Sentiment: Heavy media coverage and trending stock mentions (Zacks/MarketBeat summaries) are driving attention and volume but don’t change fundamentals by themselves. Read More.
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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