Crossmark Global Holdings Inc. grew its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 11.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 106,040 shares of the ride-sharing company’s stock after acquiring an additional 11,140 shares during the period. Crossmark Global Holdings Inc.’s holdings in Uber Technologies were worth $10,389,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of UBER. Brant Point Investment Management LLC acquired a new position in shares of Uber Technologies during the second quarter worth about $933,000. Spirepoint Private Client LLC grew its holdings in Uber Technologies by 21.9% during the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock worth $7,331,000 after acquiring an additional 13,454 shares in the last quarter. Econ Financial Services Corp acquired a new position in Uber Technologies during the 3rd quarter worth approximately $1,538,000. Transcendent Capital Group LLC purchased a new stake in shares of Uber Technologies in the 3rd quarter valued at approximately $1,859,000. Finally, Munro Partners acquired a new stake in shares of Uber Technologies in the 2nd quarter valued at $96,294,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Analysts Set New Price Targets
UBER has been the subject of a number of analyst reports. Morgan Stanley lowered their target price on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Needham & Company LLC restated a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a research note on Tuesday, February 3rd. Melius Research set a $73.00 price objective on Uber Technologies in a research report on Monday, January 5th. UBS Group set a $111.00 price objective on Uber Technologies in a report on Monday, February 2nd. Finally, Citizens Jmp raised Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 target price on the stock in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $104.53.
Insiders Place Their Bets
In other Uber Technologies news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider directly owned 176,584 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of Uber Technologies stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average cost 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 of the company’s stock, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 3.84% of the company’s stock.
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Q4 gross bookings grew ~22%, driven by mobility and delivery, and Uber guided to $52–$53.5B bookings for the March quarter — evidence of demand momentum that supports revenue and operating leverage upside. Gross Bookings Growth Bodes Well for Uber
- Positive Sentiment: BTIG reaffirmed a Buy rating with a $100 price target, implying meaningful upside from current levels and offering analyst support to the stock. Benzinga: BTIG Reaffirms Buy
- Neutral Sentiment: Uber announced a partnership with Joby Aviation to integrate eVTOL bookings — a potential long-term new revenue stream if Joby achieves FAA certification and scale, but commercialization and unit-economics risks mean benefits are likely multi-year. Uber and Joby Aviation Team Up
- Negative Sentiment: CEO Dara Khosrowshahi’s public comments endorsing a “really demanding” weekend-response culture have drawn staff criticism — raising short-term reputational and employee-retention risk that can affect execution. Uber CEO Work Culture Remarks
- Negative Sentiment: A New York judge found a taxi insurer failed to defend Uber in crash cases, highlighting ongoing litigation and liability exposure that could increase legal costs or settlement risk. Insurer Failed to Defend Uber in Crash Cases
- Negative Sentiment: Uber posted a quarterly EPS miss (reported $0.71 vs. $0.79 consensus) despite revenue growth; the miss is dragging near-term sentiment and helps explain downward pressure on the stock.
Uber Technologies Stock Down 1.7%
Uber Technologies stock opened at $75.31 on Friday. The company has a market capitalization of $155.00 billion, a P/E ratio of 15.99, a PEG ratio of 7.03 and a beta of 1.22. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The stock has a 50-day simple moving average of $78.67 and a 200-day simple moving average of $87.48.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.08). The firm had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company’s quarterly revenue was up 20.1% on a year-over-year basis. During the same period last year, the firm earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current 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.
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