Handelsbanken Fonder AB Sells 149,646 Shares of Uber Technologies, Inc. $UBER

Handelsbanken Fonder AB reduced its stake in Uber Technologies, Inc. (NYSE:UBER) by 6.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,122,509 shares of the ride-sharing company’s stock after selling 149,646 shares during the period. Uber Technologies makes up approximately 0.7% of Handelsbanken Fonder AB’s holdings, making the stock its 21st largest holding. Handelsbanken Fonder AB owned approximately 0.10% of Uber Technologies worth $207,942,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Andra AP fonden boosted its stake in Uber Technologies by 50.6% in the 3rd quarter. Andra AP fonden now owns 302,800 shares of the ride-sharing company’s stock valued at $29,665,000 after buying an additional 101,700 shares in the last quarter. TIAA Trust National Association raised its stake in Uber Technologies by 9.0% during the third quarter. TIAA Trust National Association now owns 183,525 shares of the ride-sharing company’s stock worth $17,980,000 after acquiring an additional 15,187 shares in the last quarter. Mill Creek Capital Advisors LLC bought a new position in shares of Uber Technologies during the third quarter valued at $250,000. Diversify Wealth Management LLC boosted its stake in shares of Uber Technologies by 13.2% in the 3rd quarter. Diversify Wealth Management LLC now owns 56,932 shares of the ride-sharing company’s stock valued at $5,677,000 after purchasing an additional 6,652 shares in the last quarter. Finally, Xponance Inc. boosted its stake in shares of Uber Technologies by 0.7% in the 3rd quarter. Xponance Inc. now owns 488,691 shares of the ride-sharing company’s stock valued at $47,877,000 after purchasing an additional 3,576 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a research report on Thursday, December 18th. Citigroup decreased their price objective on shares of Uber Technologies from $120.00 to $110.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. BNP Paribas Exane assumed coverage on shares of Uber Technologies in a report on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price objective for the company. Needham & Company LLC reissued a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a report on Tuesday, February 3rd. Finally, DA Davidson decreased their price target on Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $104.53.

Insider Buying and Selling at Uber Technologies

In related news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the acquisition, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. The trade was a 357.02% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 3.84% of the company’s stock.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber and Joby confirmed Uber Air will be integrated into the Uber app with commercial Joby eVTOL flights planned in Dubai this year — a visible consumer launch that expands Uber’s mobility TAM and creates a new, higher‑margin revenue stream if scaled. Get Ready for Takeoff With Uber and Joby
• Positive Sentiment: The U.S. administration moved to scrap a Biden‑era independent‑contractor rule, a regulatory shift that should make it easier for gig platforms to classify drivers as contractors — a potential long‑term cost and flexibility win for Uber. Trump administration moves to nix Biden-era rule on independent contractors
• Positive Sentiment: Insider buying activity was reported, signaling management confidence in the stock and near‑term outlook. Insider purchases can support investor sentiment. Uber Technologies (NYSE:UBER) Trading 2% Higher on Insider Buying Activity
• Positive Sentiment: BTIG reaffirmed a Buy rating with a $100 price target, reinforcing Wall Street support after Uber’s recent mobility announcements and partnerships. Analyst endorsements lend credibility to the growth narrative. Is Uber Technologies (UBER) One of the Best Transportation Stocks to Buy According to Wall Street Analysts?
• Positive Sentiment: Wayve’s large funding round includes milestone‑based capital from Uber, signaling continued strategic investment in autonomous driving tech that could help Uber scale robotaxi offerings over time. Wayve raises $1.2B as it gears up for London autonomous driving trials
• Neutral Sentiment: Analysts updated valuation models and cut an aggregate fair‑value estimate slightly (from ~$105.36 to ~$104.47), reflecting sector multiple resets rather than a conviction change — monitor revisions for directional signals. How The Uber Technologies (UBER) Story Is Shifting As Analysts Reset Valuations And Expectations
• Neutral Sentiment: Uber has underperformed the Nasdaq over the past year even as many analysts remain bullish — suggests the stock is balancing long‑term growth optionality with near‑term execution and macro concerns. Is Uber Technologies Stock Underperforming the Nasdaq?
• Negative Sentiment: Driver groups in Seattle protested new driver additions, arguing oversupply and weak utilization; worsening driver economics or reputational issues can pressure supply, fares, and margin. In Seattle protest, workers call on Uber and Lyft to stop adding new drivers to ‘flooded’ market
• Negative Sentiment: Data showing a robotaxi partner (Nuro) with limited miles and reliance on human intervention raises questions about third‑party robotaxi readiness and potential liability/regulatory friction for partners in Uber’s autonomous roadmap. New Uber-Joby Aviation
• Negative Sentiment: Broader tech‑sector AI layoffs and macro uncertainty are creating risk‑off sentiment that could cap multiple expansion for high‑growth mobility names if earnings visibility weakens. Doomsday scenario or reality? Mass layoffs fuel fear of AI Armageddon

Uber Technologies Trading Up 2.7%

Shares of UBER opened at $74.76 on Friday. The stock’s fifty day simple moving average is $79.15 and its 200-day simple moving average is $88.02. The firm has a market capitalization of $153.87 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 6.67 and a beta of 1.21. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The firm had revenue of $14.37 billion during 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%.Uber Technologies’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, research analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Uber Technologies 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.