Ferguson Wellman Capital Management Inc. Has $79.34 Million Stock Holdings in Uber Technologies, Inc. $UBER

Ferguson Wellman Capital Management Inc. lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 1.3% during the third quarter, HoldingsChannel reports. The firm owned 809,836 shares of the ride-sharing company’s stock after buying an additional 10,349 shares during the quarter. Uber Technologies comprises 1.3% of Ferguson Wellman Capital Management Inc.’s portfolio, making the stock its 22nd largest holding. Ferguson Wellman Capital Management Inc.’s holdings in Uber Technologies were worth $79,340,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Meridian Investment Counsel Inc. lifted its holdings in Uber Technologies by 19.7% during the third quarter. Meridian Investment Counsel Inc. now owns 20,563 shares of the ride-sharing company’s stock worth $2,015,000 after acquiring an additional 3,388 shares in the last quarter. Kingswood Wealth Advisors LLC raised its position in shares of Uber Technologies by 19.8% during the third quarter. Kingswood Wealth Advisors LLC now owns 24,683 shares of the ride-sharing company’s stock worth $2,418,000 after purchasing an additional 4,088 shares during the period. Citizens National Bank Trust Department raised its position in shares of Uber Technologies by 1.6% during the third quarter. Citizens National Bank Trust Department now owns 20,681 shares of the ride-sharing company’s stock worth $2,026,000 after purchasing an additional 331 shares during the period. SLT Holdings LLC lifted its holdings in shares of Uber Technologies by 18.0% during the 3rd quarter. SLT Holdings LLC now owns 3,818 shares of the ride-sharing company’s stock valued at $374,000 after purchasing an additional 583 shares in the last quarter. Finally, Legacy CG LLC grew its position in shares of Uber Technologies by 1.3% in the 3rd quarter. Legacy CG LLC now owns 49,041 shares of the ride-sharing company’s stock valued at $4,805,000 after purchasing an additional 622 shares during the period. Institutional investors own 80.24% of the company’s stock.

Insider Activity at Uber Technologies

In other news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total transaction of $519,255.00. Following the sale, the chief financial officer owned 20,330 shares in the company, valued at $1,919,355.30. This represents a 21.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Tony West sold 3,125 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $80.36, for a total value 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 SEC filing for this sale provides additional information. Insiders have sold a total of 14,875 shares of company stock worth $1,348,818 in the last ninety days. Insiders own 3.84% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. UBS Group set a $122.00 target price on shares of Uber Technologies and gave the stock a “buy” rating in a report on Wednesday, November 5th. BTIG Research reissued a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, November 4th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Uber Technologies in a research report on Wednesday, November 5th. Barclays reduced their target price on shares of Uber Technologies from $110.00 to $107.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Finally, Susquehanna reissued a “positive” rating and issued a $110.00 price target on shares of Uber Technologies in a research note on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $107.14.

Key Uber Technologies News

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

• Positive Sentiment: Robotaxi momentum — Uber, Lucid and Nuro revealed a robotaxi design at CES and Uber has anchored a robotaxi strategy that could use partner fleets rather than owning vehicles, a narrative investors view as margin-friendly and distribution-focused. Read More.
• Positive Sentiment: Near-term market reaction to robo-taxi news — multiple outlets note a surge in shares on robo-taxi optimism (with Tesla weakness as a comparative). That sentiment has driven fresh buying interest tied to the AV narrative. Read More.
• Positive Sentiment: Analyst bullishness — Wells Fargo raised its price target to $122 (overweight), implying substantial upside from current levels; other firms (Bank of America, Jefferies) have reiterated or maintained buy views citing AV partnerships and free cash‑flow potential. Read More.
• Positive Sentiment: Operational boost — Uber renewed its global maps deal with TomTom, which should improve routing precision and efficiency across the platform and supports margin/operating-leverage thesis. Read More.
• Neutral Sentiment: Margin-inflection thesis highlighted — market commentary frames Uber’s next leg as an operating‑leverage and margin story (distribution of AV fleets could help margins even if Uber doesn’t own vehicles). This is thematic and supportive longer-term, but not an immediate earnings event. Read More.
• Neutral Sentiment: Mixed media takes — outlets like Barron’s warn of headwinds and valuation questions, underscoring that enthusiasm for AVs is already priced into parts of the stock. Read as cautionary context rather than a direct catalyst. Read More.
• Negative Sentiment: Shareholder investigation — Berger Montague PC is investigating Uber’s board for potential breaches of fiduciary duty related to rider safety and driver background checks; litigation or governance concerns could pressure sentiment and add legal/PR risk. Read More.
• Negative Sentiment: Sell-side pushback — Melius Research cut its rating (reported as a “strong sell”), and that downgrade pressure has translated into short-term share weakness in some sessions. Keep an eye on whether other shops follow or defend their views. Read More.

Uber Technologies Trading Up 1.6%

Shares of NYSE:UBER opened at $87.61 on Friday. The company’s 50-day moving average price is $86.78 and its two-hundred day moving average price is $91.35. Uber Technologies, Inc. has a one year low of $60.63 and a one year high of $101.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a market capitalization of $182.04 billion, a PE ratio of 11.26 and a beta of 1.20.

Uber Technologies (NYSE:UBER) last released its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $13.25 billion. During the same quarter in the previous year, the business earned $1.20 earnings per share. Uber Technologies’s quarterly revenue was up 20.4% on a year-over-year basis. On average, equities analysts forecast that Uber Technologies, Inc. will post 2.54 EPS 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.