Uber Technologies, Inc. $UBER Shares Sold by Black Creek Investment Management Inc.

Black Creek Investment Management Inc. reduced its position in Uber Technologies, Inc. (NYSE:UBER) by 12.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 200,529 shares of the ride-sharing company’s stock after selling 28,079 shares during the period. Uber Technologies accounts for approximately 0.9% of Black Creek Investment Management Inc.’s holdings, making the stock its 16th biggest holding. Black Creek Investment Management Inc.’s holdings in Uber Technologies were worth $19,646,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Foster Group Inc. raised its position in shares of Uber Technologies by 3.3% during the 3rd quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock valued at $330,000 after acquiring an additional 107 shares in the last quarter. Sage Rhino Capital LLC increased its stake in Uber Technologies by 4.2% during the third quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock valued at $268,000 after purchasing an additional 110 shares during the last quarter. Quent Capital LLC increased its stake in Uber Technologies by 3.3% during the third quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock valued at $343,000 after purchasing an additional 111 shares during the last quarter. Advisors Capital Management LLC raised its holdings in shares of Uber Technologies by 1.8% during the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after purchasing an additional 111 shares during the period. Finally, Emergent Wealth Advisors LLC lifted its position in shares of Uber Technologies by 0.7% in the 3rd quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after buying an additional 114 shares during the last quarter. Institutional investors own 80.24% 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 partnership — Uber launched “Uber Air” powered by Joby, letting riders book Joby’s all‑electric eVTOL air taxis through the Uber app as Joby advances FAA certification and prepares a Dubai debut. This extends Uber’s long‑term TAM into urban air mobility and is being viewed as a growth and differentiation catalyst. Uber Enters Into a New Deal With Joby on Electric Air Taxis
• Positive Sentiment: Grocery expansion in Canada — Uber Eats struck a deal with T&T Supermarket to offer grocery delivery across Canada, reinforcing Eats’ push into higher‑frequency grocery orders and incremental revenue opportunities in a large market. Uber Inks Deal With T&T Supermarket for Grocery Delivery In Canada
• Neutral Sentiment: Autonomous/robot delivery competition — Coverage on Serve Robotics questions whether its signed restaurant footprint (3,600 locations) can achieve the dense, profitable networks needed to scale. This is a competitor watch item: if robot delivery succeeds, it could pressure Eats margins; if not, it reduces competitive risk. Can Serve Robotics Convert 3,600 Restaurants Into Profitable Density?
• Neutral Sentiment: Investor engagement — Uber presented at the Morgan Stanley TMT conference (transcript available), offering investors updated strategy and execution color; useful for sentiment but not an immediate catalyst. Uber Presents at Morgan Stanley Conference (Transcript)
• Negative Sentiment: Securities‑fraud investigation notice — The Portnoy Law Firm announced a probe into possible securities fraud at Uber and may pursue a class action. Such investigations can increase headline risk and uncertainty, particularly if they lead to litigation or disclosures. Uber Investigated by the Portnoy Law Firm
• Negative Sentiment: Jury verdict tied to background‑check errors — A federal jury awarded $680,000 to an Uber driver in a suit against SambaSafety for erroneous reporting that led to deactivation. While the defendant is a third party, the case highlights operational and reputational exposure around driver vetting processes. Consumer Justice Law Firm Wins $680,000 Jury Verdict
• Negative Sentiment: Analyst commentary warning on volatility — Market commentary (Forbes) cautions Uber’s rallies can reverse quickly, reminding investors of the stock’s historical volatility and downside risk despite recent gains. Why Uber Stock’s Rally Might Hit A Roadblock

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on UBER. UBS Group set a $111.00 price objective on shares of Uber Technologies in a research report on Monday, February 2nd. Truist Financial set a $108.00 target price on Uber Technologies in a report on Monday, February 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Uber Technologies in a research report on Monday, December 29th. KeyCorp reduced their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Finally, Barclays lowered their price objective on Uber Technologies from $110.00 to $107.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and an average price target of $104.53.

Insider Activity at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was purchased at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.70% of the company’s stock.

Uber Technologies Trading Up 0.6%

NYSE:UBER opened at $76.37 on Wednesday. The stock has a market cap of $157.18 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 6.96 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 1 year low of $60.63 and a 1 year high of $101.99. The business has a fifty day moving average of $78.87 and a 200-day moving average of $87.64.

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). The company 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%.The business’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period in the previous year, the company earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Uber Technologies Company 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.