Sen. Angus S. King Jr. Sells Uber Technologies, Inc. (NYSE:UBER) Shares

Senator Angus S. King Jr. (Independent-Maine) recently sold shares of Uber Technologies, Inc. (NYSE:UBER). In a filing disclosed on March 24th, the Senator disclosed that they had sold between $1,001 and $15,000 in Uber Technologies stock on February 13th.

Senator Angus S. King Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of Autodesk (NASDAQ:ADSK) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of PayPal (NASDAQ:PYPL) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of ON (NYSE:ONON) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 2/13/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 2/13/2026.
• Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 12/29/2025.
• Purchased $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 12/29/2025.

Uber Technologies Stock Performance

Shares of UBER stock opened at $70.59 on Friday. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The stock’s 50-day moving average is $75.80 and its two-hundred day moving average is $85.38. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market cap of $144.21 billion, a P/E ratio of 14.99, a PEG ratio of 6.69 and a beta of 1.22.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) 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 firm had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. During the same quarter in the prior year, the firm earned $3.21 earnings per share. The firm’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. Analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Transactions at Uber Technologies

In other news, insider Tony West sold 3,125 shares of the firm’s 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 sale, the insider owned 176,584 shares in the company, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction on 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 transaction, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on UBER. Guggenheim reduced their target price on shares of Uber Technologies from $135.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Needham & Company LLC reaffirmed a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a research report on Tuesday, February 3rd. Arete Research set a $125.00 price target on Uber Technologies and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. BNP Paribas Exane assumed coverage on Uber Technologies in a report on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price objective on the stock. Finally, Melius Research set a $73.00 price objective on Uber Technologies in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $105.29.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Partnership with Ibotta to deliver multi‑year digital promotions across Uber’s U.S. grocery and retail ecosystem could boost marketplace engagement and monetization of grocery/retail transactions. Uber Joins the Ibotta Performance Network in Exclusive, Multi-Year Partnership
• Positive Sentiment: Uber expanding space at 3 World Trade Center (building now ~89% leased) signals a commitment to NYC operations and executive/engineering consolidation that could help talent retention and productivity. Uber expansion at 3 World Trade Center a boon to local economy
• Positive Sentiment: Uber teamed with Pony.ai and Verne to launch Europe’s first commercial robotaxi service in Zagreb — a strategic step toward international autonomous mobility and potential future margin expansion if it scales. Uber, Pony.ai and Verne team up to launch Europe’s first robotaxi service in Croatia
• Neutral Sentiment: Rivian’s large EV supply deal with Uber (reported separately) supports Uber’s electrification goals but implies material vehicle commitments/capex timing that are mixed for near‑term free cash flow. Will Rivian’s Deal With Uber, New R2 Model Jumpstart the Stock?
• Neutral Sentiment: Reports that Uber is close to acquiring premium chauffeur service Blacklane could lift long‑term average fares and margins but is still speculative. Uber’s Blacklane Move And What It Could Mean For UBER’s Valuation
• Neutral Sentiment: News about UberDoc going public is unrelated to NYSE:UBER and can be disregarded for Uber Technologies’ share moves. UberDoc Honored for Reverse Merger as Healthcare Marketplace Goes Public on CSE
• Negative Sentiment: Erste Group trimmed FY2026–27 EPS forecasts for Uber, reflecting caution about near‑term profitability improvements and contributing downward pressure on the stock. Erste Group cuts FY2026/27 EPS estimates for Uber (MarketBeat)
• Negative Sentiment: Coverage noting the stock dipping despite the robo‑taxi launch highlights investor concerns that autonomous rollouts are capital‑intensive and may hurt near‑term margins; that skepticism is likely weighing on shares. Uber Is Bringing Robo-Taxis to Europe. Why the Stock Is Down.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of UBER. Vanguard Group Inc. lifted its position in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares during the last quarter. Capital Research Global Investors grew its holdings in Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after buying an additional 2,903,021 shares during the last quarter. Geode Capital Management LLC grew its holdings in Uber Technologies by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after buying an additional 1,602,596 shares during the last quarter. Norges Bank bought a new position in Uber Technologies in the 4th quarter worth approximately $2,515,094,000. Finally, Northern Trust Corp increased its position in Uber Technologies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after buying an additional 297,132 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

About Senator King

Angus King (independent) is a member of the U.S. Senate from Maine. He assumed office on January 3, 2013. His current term ends on January 3, 2031.

King (independent) ran for re-election to the U.S. Senate to represent Maine. He won in the general election on November 5, 2024.

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.