D.A. Davidson & CO. boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 7.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 163,189 shares of the ride-sharing company’s stock after buying an additional 11,537 shares during the quarter. D.A. Davidson & CO.’s holdings in Uber Technologies were worth $15,988,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. Foster Group Inc. lifted its stake in shares of Uber Technologies by 3.3% in the third quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock worth $330,000 after acquiring an additional 107 shares during the period. Dumont & Blake Investment Advisors LLC raised its holdings in Uber Technologies by 1.3% during the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 8,975 shares of the ride-sharing company’s stock worth $879,000 after purchasing an additional 115 shares during the last quarter. Abacus Planning Group Inc. lifted its position in shares of Uber Technologies by 2.8% in the 3rd quarter. Abacus Planning Group Inc. now owns 4,260 shares of the ride-sharing company’s stock worth $417,000 after purchasing an additional 117 shares during the period. True Wealth Design LLC boosted its stake in shares of Uber Technologies by 38.6% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the ride-sharing company’s stock valued at $42,000 after purchasing an additional 118 shares during the last quarter. Finally, Warren Street Wealth Advisors LLC increased its position in shares of Uber Technologies by 5.0% during the third quarter. Warren Street Wealth Advisors LLC now owns 2,554 shares of the ride-sharing company’s stock worth $250,000 after buying an additional 122 shares during the period. Institutional investors own 80.24% of the company’s stock.
Insider Transactions at Uber Technologies
In other Uber Technologies news, insider Tony West sold 3,125 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $80.36, for a total transaction of $251,125.00. Following the completion of the sale, the insider directly owned 175,423 shares of the company’s stock, valued at approximately $14,096,992.28. The trade was a 1.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the stock in a transaction that occurred on 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 directly owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 14,875 shares of company stock valued at $1,348,818 in the last quarter. Company insiders own 3.70% of the company’s stock.
Uber Technologies Stock Performance
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. The firm had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The business’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same period last year, the firm earned $1.20 earnings per share. 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
Several research firms recently issued reports on UBER. Piper Sandler set a $107.00 target price on shares of Uber Technologies in a report on Wednesday, November 5th. Citigroup reissued a “market perform” rating on shares of Uber Technologies in a research note on Wednesday, December 10th. Wells Fargo & Company cut their target price on Uber Technologies from $125.00 to $120.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. UBS Group set a $122.00 target price on Uber Technologies and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, Wedbush dropped their price target on Uber Technologies from $84.00 to $78.00 and set a “neutral” rating on the stock in a research note on Friday, December 19th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $107.33.
Read Our Latest Stock Analysis on Uber Technologies
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: CES robotaxi reveal supports Uber’s autonomous mobility strategy and signals progress toward commercial launch later this year — the production-intent Lucid/Nuro vehicle and Uber-designed cabin aim to accelerate revenue from ride-hailing without drivers. This is Uber’s new robotaxi from Lucid and Nuro Uber Unveils Its ‘Most Luxurious Robotaxi’ Lucid, Nuro, Uber debut robotaxi ahead of launch this year Lucid, Nuro, and Uber Unveil Global Robotaxi at CES
- Positive Sentiment: Third-party coverage and bullish research pieces highlight scale + profitability narrative and upside forecasts, supporting longer-term multiple expansion for growth investors. Why Wall Street Expects This Growth Stock to Soar 84% in 2026
- Positive Sentiment: Recent reported institutional purchases (CV Advisors, Suncoast Equity Management) indicate some investor conviction and incremental demand for shares. CV Advisors LLC Invests in Uber Technologies Suncoast Equity Management Invests $17.33 Million in Uber
- Neutral Sentiment: Longer-term opinion pieces weigh in on where UBER could be in 5 years — useful for strategic investors but not immediate price drivers. Where Will Uber Stock Be in 5 Years?
- Neutral Sentiment: TV/market shows (CNBC) discussed UBER in daily calls — may influence short-term trader interest but not a fundamental shift. Calls of the Day: Uber, Netflix and Disney
- Negative Sentiment: Melius Research downgraded UBER to Sell with a $73 price target, citing intensifying robotaxi competition — analyst downgrades often trigger near-term selling and weigh on sentiment. Uber Stock Is Cut to Sell as Robo-Taxi Competition Heats Up
- Negative Sentiment: A shareholder-law firm launched an investigation into Uber’s board over potential oversight failures related to rider safety and background checks — introduces legal/regulatory risk and potential distraction for management. Berger Montague PC Investigates Uber’s Board
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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