Spirepoint Private Client LLC lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 21.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,828 shares of the ride-sharing company’s stock after buying an additional 13,454 shares during the period. Spirepoint Private Client LLC’s holdings in Uber Technologies were worth $7,331,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brant Point Investment Management LLC acquired a new position in shares of Uber Technologies during the second quarter worth approximately $933,000. Econ Financial Services Corp bought a new stake in Uber Technologies in the 3rd quarter valued at $1,538,000. Munro Partners bought a new position in shares of Uber Technologies during the 2nd quarter worth about $96,294,000. Prudential PLC grew its stake in shares of Uber Technologies by 15.7% in the 2nd quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock valued at $20,233,000 after purchasing an additional 29,359 shares during the period. Finally, Panagora Asset Management Inc. lifted its position in shares of Uber Technologies by 1.7% during the 2nd quarter. Panagora Asset Management Inc. now owns 2,082,067 shares of the ride-sharing company’s stock worth $194,257,000 after buying an additional 35,418 shares during the period. Institutional investors own 80.24% of the company’s stock.
Insider Activity at Uber Technologies
In related news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction that occurred 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 sale, the insider directly 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total transaction of $519,255.00. Following the completion of the transaction, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This trade represents a 21.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 14,875 shares of company stock worth $1,348,818 in the last 90 days. Corporate insiders own 3.70% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Uber Technologies
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber, Lucid and Nuro unveiled a production‑intent robotaxi and began autonomous on‑road testing, advancing commercialization and giving Uber a clearer path to autonomous revenue. This is a multi‑year growth catalyst if deployment scales. Lucid, Nuro, Uber debut robotaxi TechCrunch robotaxi preview
- Positive Sentiment: Uber renewed a global partnership with TomTom to integrate maps, APIs and live services across its platform — a low‑risk operational win that supports routing, costs and AV mapping needs. TomTom and Uber strengthen ties
- Positive Sentiment: Bank of America‑sourced reports suggest Uber may partner with an Asian automaker on AVs in 2026 — potential for faster fleet scale or cost sharing if confirmed. BofA tips partnership
- Neutral Sentiment: Positive analyst/commentary pieces reiterate long‑term growth potential (Fool/Barchart stories) but are opinion-driven and less likely to move the stock sharply on their own. My 2 Favorite Growth Stocks
- Negative Sentiment: Melius Research cut UBER to Sell and set a $73 target, flagging intensifying robo‑taxi competition and valuation risk — a direct near‑term headwind for sentiment and price targets. Barron’s on Melius downgrade
- Negative Sentiment: A critical valuation/strategy piece argues Uber resembles Comcast and that valuation expansion could be constrained — reinforces investor wariness about multiple expansion. Uber Is The New Comcast
- Negative Sentiment: Legal and governance headlines: a court refusal to delay a sexual‑assault trial and a shareholder law firm probing the board for alleged oversight failures (rider safety, background checks) raise regulatory and litigation risk that can pressure short‑term sentiment. Bloomberg Law on trial Berger Montague investigation
Uber Technologies Price Performance
UBER stock opened at $80.72 on Tuesday. The stock has a 50-day moving average price of $87.35 and a two-hundred day moving average price of $91.40. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99. The stock has a market cap of $167.72 billion, a PE ratio of 10.37 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.
Uber Technologies (NYSE:UBER – Get Free Report) last announced its earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. The business had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.Uber Technologies’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.20 EPS. Equities analysts forecast 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.
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