M&T Bank Corp Sells 361,289 Shares of Uber Technologies, Inc. $UBER

M&T Bank Corp cut its holdings in Uber Technologies, Inc. (NYSE:UBER) by 90.4% during the fourth quarter, HoldingsChannel reports. The firm owned 38,399 shares of the ride-sharing company’s stock after selling 361,289 shares during the period. M&T Bank Corp’s holdings in Uber Technologies were worth $3,138,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Sage Rhino Capital LLC grew its position 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 worth $268,000 after buying an additional 110 shares in the last quarter. Quent Capital LLC boosted its holdings in shares of Uber Technologies by 3.3% in the 3rd quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock worth $343,000 after acquiring an additional 111 shares in the last quarter. Advisors Capital Management LLC boosted its holdings in shares of Uber Technologies by 1.8% in the 3rd quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after acquiring an additional 111 shares in the last quarter. Emergent Wealth Advisors LLC boosted its holdings 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 acquiring an additional 114 shares in the last quarter. Finally, Dumont & Blake Investment Advisors LLC boosted its holdings in shares of Uber Technologies by 1.3% in the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 8,975 shares of the ride-sharing company’s stock worth $879,000 after acquiring an additional 115 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on UBER shares. Citizens Jmp upgraded shares of Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a research report on Wednesday, February 4th. Wedbush dropped their target price on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. JPMorgan Chase & Co. lowered their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Roth Mkm set a $105.00 target price on shares of Uber Technologies in a research note on Thursday, February 5th. Finally, KeyCorp reduced their target price on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $105.14.

Uber Technologies Trading Up 2.1%

Shares of Uber Technologies stock opened at $76.22 on Tuesday. The company has a market capitalization of $155.70 billion, a price-to-earnings ratio of 16.18, a P/E/G ratio of 6.83 and a beta of 1.21. The business has a fifty day simple moving average of $73.76 and a two-hundred day simple moving average of $81.57. Uber Technologies, Inc. has a 1 year low of $68.46 and a 1 year high of $101.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14.

Uber Technologies (NYSE:UBER) last issued 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 the consensus estimate of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies’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 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Research analysts forecast that Uber Technologies, Inc. will post 3.34 EPS for the current year.

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction that occurred 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 owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The shares were purchased at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is owned by corporate insiders.

More Uber Technologies News

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

• Positive Sentiment: Guggenheim reaffirmed a “buy” on UBER and set a $125 price target, signaling strong upside versus the current level and likely supporting bullish positioning by investors. Guggenheim reiterates buy on Uber
• Positive Sentiment: Uber expanded its global partnership with Block / Square to streamline restaurant operations and broaden payment options for Uber Eats — a deal that can deepen merchant relationships, boost take rates and international growth for the delivery segment. Uber, Block expand global partnership Square and Uber Eats expand partnership
• Positive Sentiment: Investor confidence: Bill Ackman holds a large position that includes Uber, which can attract attention from other institutional investors and signal conviction from an influential manager. Bill Ackman holds Uber
• Neutral Sentiment: General commentary pieces highlighted profitable tech names and Uber’s long-term positioning; these broader analyses can shape sentiment but don’t provide immediate company-specific catalysts. 2 Profitable Stocks with Competitive Advantages
• Neutral Sentiment: Historical context on early investors (e.g., Google’s early Uber stake) is a reminder of the stock’s long-term narrative but doesn’t affect near-term moves. Google’s early Uber bet
• Neutral Sentiment: Market noise from unrelated auto/EV names (e.g., Lucid’s drop) can weigh on sentiment for mobility stocks generally but is not a direct Uber fundamental driver. Lucid crashes to 52-week low
• Negative Sentiment: Regulatory/regime risk in AI and tech: China’s decision to block Meta’s Manus acquisition highlights rising geopolitical and regulatory scrutiny of AI deals — a negative backdrop for global tech valuations and deal activity that could indirectly pressure sentiment toward UBER and peers. China blocks Meta’s Manus acquisition

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.