Ferguson Wellman Capital Management Inc. Buys 7,228 Shares of Uber Technologies, Inc. $UBER

Ferguson Wellman Capital Management Inc. increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 0.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 817,064 shares of the ride-sharing company’s stock after purchasing an additional 7,228 shares during the period. Uber Technologies accounts for 1.1% of Ferguson Wellman Capital Management Inc.’s investment portfolio, making the stock its 27th largest position. Ferguson Wellman Capital Management Inc.’s holdings in Uber Technologies were worth $66,762,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies during the 3rd quarter valued at about $25,000. Westend Capital Management LLC purchased a new stake in shares of Uber Technologies in the third quarter worth about $27,000. Kilter Group LLC bought a new position in shares of Uber Technologies in the second quarter valued at approximately $26,000. Imprint Wealth LLC purchased a new position in Uber Technologies during the third quarter valued at approximately $32,000. Finally, Total Investment Management Inc. purchased a new position in Uber Technologies during the second quarter valued at approximately $32,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies News Summary

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

• Positive Sentiment: Uber announced an exclusive, multi‑year partnership with Ibotta to deliver digital promotions across Uber’s U.S. grocery and retail ecosystem — expected to increase monetization of grocery/retail trips and provide CPGs a direct ad/promotions channel at point‑of‑purchase. Read More.
• Positive Sentiment: Reports say Uber is close to acquiring Blacklane, a premium global chauffeur service — a move that would expand Uber into higher‑margin, pre‑booked and corporate travel segments, which can lift overall take rates and margin profile. Read More.
• Positive Sentiment: Coverage of Uber’s push to convert Rivian’s R2 into a robotaxi highlights the company’s longer‑term strategy to lower driver costs and create an autonomous mobility revenue stream — a multi‑year catalyst for margins if execution and AV economics improve. Read More.
• Neutral Sentiment: Uber is expanding its New York office after CEO Dara Khosrowshahi relocated there and instituted stronger return‑to‑office expectations — signals of executive commitment to NYC talent and customer proximity, but with incremental office costs and culture implications. Read More.
• Neutral Sentiment: CEO remarks on AI (calling other executives dishonest about AI impacts) have drawn attention — notable for strategy signaling but unclear near‑term financial impact; could influence investor perception about management’s stance on automation and labor. Read More.
• Negative Sentiment: Some reports note the stock dipped more than the broader market amid the news flow and sector moves — short‑term volatility risk as investors parse deals, partnerships and macro. Read More.
• Negative Sentiment: Uber disclosed political contributions supporting multiple California gubernatorial candidates — creates potential reputational/regulatory scrutiny that can be a modest near‑term headwind for investor sentiment. Read More.

Analyst Upgrades and Downgrades

Several research firms have issued reports on UBER. Jefferies Financial Group reiterated a “buy” rating on shares of Uber Technologies in a research note on Wednesday, January 7th. The Goldman Sachs Group set a $125.00 price target on shares of Uber Technologies in a research report on Wednesday, February 4th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Cantor Fitzgerald lowered their price objective on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Finally, Erste Group Bank lowered Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $105.29.

Insider Activity at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the acquisition, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. This represents a 357.02% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.84% of the stock is owned by insiders.

Uber Technologies Price Performance

UBER stock opened at $73.10 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. Uber Technologies, Inc. has a one year low of $60.63 and a one year high of $101.99. The stock has a market cap of $149.33 billion, a PE ratio of 15.52, a P/E/G ratio of 6.63 and a beta of 1.22. The firm has a 50 day simple moving average of $76.07 and a two-hundred day simple moving average of $85.49.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. During the same quarter last year, the business posted $3.21 EPS. The business’s quarterly revenue was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, 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.