Cerity Partners LLC Acquires 16,307 Shares of Uber Technologies, Inc. $UBER

Cerity Partners LLC raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 1.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,005,344 shares of the ride-sharing company’s stock after purchasing an additional 16,307 shares during the quarter. Cerity Partners LLC’s holdings in Uber Technologies were worth $98,493,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in Uber Technologies by 1.6% during the second quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after acquiring an additional 3,025,483 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Uber Technologies by 2.6% during the 2nd quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company’s stock worth $4,258,756,000 after purchasing an additional 1,168,288 shares in the last quarter. Norges Bank bought a new position in Uber Technologies during the 2nd quarter valued at about $2,348,319,000. Kingstone Capital Partners Texas LLC boosted its position in Uber Technologies by 334,075.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 19,973,682 shares of the ride-sharing company’s stock valued at $1,863,545,000 after buying an additional 19,967,705 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Uber Technologies by 1.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 13,810,255 shares of the ride-sharing company’s stock valued at $1,288,497,000 after buying an additional 142,933 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Uber Technologies

In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total transaction of $519,255.00. Following the transaction, the chief financial officer owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This trade represents a 21.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Tony West sold 3,125 shares of Uber Technologies 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 transaction, the insider directly owned 175,423 shares in the company, valued at $14,096,992.28. The trade was a 1.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 14,875 shares of company stock valued at $1,348,818. 3.84% of the stock is currently owned by company insiders.

Uber Technologies Stock Up 0.8%

Shares of NYSE UBER opened at $86.19 on Thursday. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99. The firm’s 50-day moving average is $86.96 and its 200-day moving average is $91.37. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $179.09 billion, a PE ratio of 11.08 and a beta of 1.20.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $13.25 billion. During the same period in the previous year, the firm earned $1.20 earnings per share. The firm’s quarterly revenue was up 20.4% compared to the same quarter last year. Equities analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on UBER shares. Melius lowered shares of Uber Technologies from a “hold” rating to a “sell” rating and set a $73.00 price objective for the company. in a report on Monday. Wells Fargo & Company cut their price objective on Uber Technologies from $125.00 to $120.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research note on Thursday, December 18th. Mizuho assumed coverage on Uber Technologies in a research note on Monday, September 29th. They issued an “outperform” rating and a $130.00 target price for the company. Finally, Morgan Stanley cut their price target on Uber Technologies from $115.00 to $110.00 and set an “overweight” rating for the company in a report on Monday, December 8th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and an average target price of $107.33.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber, Lucid and Nuro unveiled a production-intent robotaxi at CES and have begun on-road testing with plans to launch a robotaxi service this year — a development that could meaningfully expand Uber’s SAM (serviceable addressable market) and long-term margins. Uber & Partners Reveal Robotaxi Design at CES
• Positive Sentiment: Jefferies reiterated a Buy rating, calling the recent pullback — driven by renewed AV concerns — an attractive entry point given limited near-term competitive impact from AVs. That analyst stance supports the rebound narrative. Uber Technologies pullback creates buying opportunity, says Jefferies analysts
• Positive Sentiment: Bank of America reiterated a bullish view (Buy), citing AV partnerships and free-cash-flow valuation upside — another institutional endorsement helping drive demand. Uber: Buy Rating Backed by Autonomous Vehicle Partnerships
• Neutral Sentiment: TomTom renewed/strengthened its mapping partnership with Uber to integrate maps and live services across Uber’s platform — operationally supportive but lower-impact on near-term earnings. TomTom and Uber strengthen ties
• Neutral Sentiment: Several media pieces and analyst-roundup articles revisit Uber’s 3‑year outlook and valuation tradeoffs (growth vs. AV uncertainty), offering mixed views—useful for strategy but not immediate catalysts. Where Will Uber Technologies Stock Be in 3 Years?
• Negative Sentiment: Berger Montague launched an investigation into Uber’s board for potential breaches of fiduciary duty tied to rider safety and background-check oversight — a governance/legal risk that could increase liabilities or negative headlines. Berger Montague investigation alert
• Negative Sentiment: Melius Research downgraded UBER to Sell and media noted an immediate share decline after the downgrade, highlighting that some analysts remain concerned about valuation and execution risks. Uber Rating Lowered to Sell at Melius
• Negative Sentiment: Bloomberg Law reported Uber failed to delay a sexual-assault trial or block a related ad campaign — ongoing litigation and reputational matters can pressure sentiment and increase legal costs. Uber fails to delay sexual-assault trial

Uber Technologies 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.