Arizona State Retirement System Buys 29,990 Shares of Uber Technologies, Inc. $UBER

Arizona State Retirement System boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 5.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 580,218 shares of the ride-sharing company’s stock after purchasing an additional 29,990 shares during the quarter. Arizona State Retirement System’s holdings in Uber Technologies were worth $56,844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Westend Capital Management LLC purchased a new position in shares of Uber Technologies in the 3rd quarter worth approximately $27,000. Kilter Group LLC purchased a new stake in Uber Technologies during the second quarter valued at approximately $26,000. Trust Co. of Toledo NA OH acquired a new stake in Uber Technologies in the second quarter valued at approximately $30,000. Total Investment Management Inc. acquired a new stake in Uber Technologies in the second quarter valued at approximately $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in Uber Technologies in the third quarter worth $34,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on UBER. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research report on Thursday, December 18th. Stifel Nicolaus reduced their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a research report on Tuesday. Cantor Fitzgerald lowered their price target on Uber Technologies from $108.00 to $99.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. BNP Paribas Exane began coverage on Uber Technologies in a research note on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price target on the stock. Finally, Morgan Stanley cut their price objective on shares of Uber Technologies from $115.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, December 8th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.50.

Insider Buying and Selling at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the transaction, the insider directly owned 176,584 shares in the company, valued at $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 transaction of $519,255.00. Following the completion of the sale, the chief financial officer directly owned 20,330 shares in the company, valued at approximately $1,919,355.30. The trade was a 21.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 14,875 shares of company stock worth $1,319,130 over the last ninety days. Insiders own 3.84% of the company’s stock.

More Uber Technologies News

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

• Positive Sentiment: Uber committed up to $500M to Waabi’s funding round, backing the startup’s expansion from autonomous trucking into robotaxis and a plan to scale thousands of vehicles — a long‑term growth catalyst for Uber’s mobility margins and capital-light robotaxi exposure. Uber Plows $500M into Self-Driving Startup Waabi
• Positive Sentiment: Uber launched an “AV Labs” division to gather driving data for robotaxi partners — a practical step to monetize data, speed development of autonomy partners, and de‑risk tech integration. Uber launches an ‘AV Labs’ division
• Neutral Sentiment: Analysts are mixed ahead of Q4: revenue growth expectations remain solid (~19% in one preview) but EPS is forecast to decline, leaving the upcoming report a key short‑term catalyst that could swing sentiment either way. Uber Q4 Earnings on Deck
• Neutral Sentiment: Broader AI/security chatter (e.g., viral assistants and AI-agent ratings) is raising cybersecurity conversations in tech ecosystems; relevance to Uber is indirect but adds background noise to risk assessment. Crypto loves Clawdbot/Moltbot, Uber ratings for AI agents
• Negative Sentiment: Security and governance scrutiny resurfaced after legal commentary linking past ex‑employee issues and SolarWinds lessons to data‑security risks — a reminder investors price into technology and partner risk. Cases of Ex-Uber Officer, SolarWinds Offer Data Security Lessons
• Negative Sentiment: Uber faces legal and reputational pressure: the company denied liability in a sexual‑assault trial and personal‑injury practices are expanding Uber‑related case focus — ongoing litigation risk that can weigh on multiple quarters. Uber denies liability for drivers in sexual assault trial
• Negative Sentiment: Short‑term equity pressure: coverage noted Uber as a laggard in some funds and recent sessions showed a larger dip than the broader market, reflecting investor caution ahead of earnings and on macro/competitive risks. Uber Sees a More Significant Dip Than Broader Market
• Negative Sentiment: Local legal exposure: a law firm announced expanded focus on pedestrian/truck/Uber accident cases in Arizona, highlighting persistent regional liability exposure as ride and delivery volumes grow. Warnock Law Expands Focus on Uber Accident Cases

Uber Technologies Stock Up 2.4%

Shares of UBER stock opened at $81.71 on Friday. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The firm has a market capitalization of $169.79 billion, a PE ratio of 10.50 and a beta of 1.20. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.15 and a current ratio of 1.15. The stock’s 50-day simple moving average is $84.03 and its 200-day simple moving average is $90.32.

Uber Technologies (NYSE:UBER) last issued its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 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 firm had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. During the same quarter in the prior year, the firm earned $1.20 earnings per share. Uber Technologies’s revenue for the quarter was up 20.4% on a year-over-year basis. Equities analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

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.