Csenge Advisory Group Grows Stock Position in Uber Technologies, Inc. $UBER

Csenge Advisory Group increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 257.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 31,884 shares of the ride-sharing company’s stock after purchasing an additional 22,976 shares during the period. Csenge Advisory Group’s holdings in Uber Technologies were worth $3,124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of UBER. Kilter Group LLC purchased a new stake in shares of Uber Technologies in the second quarter valued at about $26,000. Westend Capital Management LLC acquired a new stake in Uber Technologies in the third quarter valued at about $27,000. West Oak Capital LLC purchased a new stake in Uber Technologies in the 2nd quarter valued at approximately $28,000. Trust Co. of Toledo NA OH acquired a new position in Uber Technologies during the 2nd quarter worth approximately $30,000. Finally, Total Investment Management Inc. purchased a new position in shares of Uber Technologies during the 2nd quarter worth approximately $32,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction 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 transaction, the insider owned 175,423 shares of the company’s stock, valued at approximately $14,096,992.28. This trade represents a 1.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were 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 owned 20,330 shares in the company, valued at $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 14,875 shares of company stock valued at $1,348,818 in the last three months. 3.84% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UBER. BNP Paribas Exane started coverage on Uber Technologies in a research note on Wednesday. They issued an “outperform” rating and a $108.00 price target on the stock. Guggenheim reduced their target price on Uber Technologies from $140.00 to $135.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Cantor Fitzgerald decreased their target price on shares of Uber Technologies from $108.00 to $99.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Tuesday, October 28th. Finally, Wells Fargo & Company raised their price objective on shares of Uber Technologies from $120.00 to $122.00 and gave the company an “overweight” rating in a research note on Thursday, January 8th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $107.18.

More Uber Technologies News

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

• Positive Sentiment: BNP Paribas/Exane initiated coverage and upgraded Uber to a strong‑buy / began coverage — institutional attention and a bullish research view can drive demand and support the stock. TickerReport Coverage
• Positive Sentiment: Kroger partnership: nearly 2,700 Kroger stores are now available on Uber Eats, Uber and Postmates — expands grocery delivery footprint, ups take rates and order density for delivery economics. PR Newswire: Kroger Launch
• Positive Sentiment: Analyst support continues: BTIG reaffirmed a Buy with a $100 price target and other firms (Mizuho, others) remain bullish — helps near‑term sentiment and can sustain buying interest. Benzinga Analyst Note
• Neutral Sentiment: Coverage pieces and bullish writeups (Zacks, Motley Fool, Seeking Alpha) pitch Uber as a growth/value opportunity given recent selloffs and emerging tech tailwinds — these amplify the bull case but don’t add new operational data. Zacks Growth Score
• Neutral Sentiment: Strategic wins abroad: reporting on Uber’s Japan push (NYT feature) highlights long‑term TAM expansion but benefits will accrue gradually and depend on local execution. NYT: Japan Strategy
• Negative Sentiment: Labor/reputation/legal pressure: NYC alleges DoorDash/Uber shorted drivers on ~$550M in tips — potential for fines, tighter regulation and PR damage that can increase operating costs and complicate driver relations. Bloomberg Law: Tip Allegation
• Negative Sentiment: Criticism of ballot initiative: LA Times op‑ed accuses Uber of pushing a consumer‑facing ballot measure that mainly protects company economics — could complicate public perception and local regulatory fights. LA Times Opinion

Uber Technologies Stock Performance

Shares of UBER opened at $84.90 on Friday. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The stock has a market cap of $176.41 billion, a P/E ratio of 10.91 and a beta of 1.20. 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 company has a 50-day moving average of $85.59 and a two-hundred day moving average of $91.09.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The business had revenue of $13.47 billion during the quarter, compared to analysts’ expectations of $13.25 billion. During the same period last year, the company posted $1.20 EPS. The company’s revenue was up 20.4% on a year-over-year basis. As a group, research analysts predict 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.