Donaldson Capital Management LLC Has $6.77 Million Stock Position in Uber Technologies, Inc. $UBER

Donaldson Capital Management LLC increased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 51.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 69,108 shares of the ride-sharing company’s stock after purchasing an additional 23,447 shares during the quarter. Donaldson Capital Management LLC’s holdings in Uber Technologies were worth $6,771,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Foster Group Inc. boosted its stake in Uber Technologies by 3.3% in the third 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 during the last quarter. Sage Rhino Capital LLC raised its holdings in Uber Technologies by 4.2% in the third quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock worth $268,000 after purchasing an additional 110 shares during the period. Quent Capital LLC boosted its position in shares of Uber Technologies by 3.3% during the third quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock worth $343,000 after purchasing an additional 111 shares in the last quarter. Emergent Wealth Advisors LLC grew 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 valued at $1,701,000 after buying an additional 114 shares during the period. Finally, Dumont & Blake Investment Advisors LLC increased its position 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 valued at $879,000 after buying an additional 115 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Tony West sold 3,125 shares of the stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were 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 represents a 21.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 14,875 shares of company stock worth $1,319,130. Company insiders own 3.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Erste Group Bank cut Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Melius Research set a $73.00 price objective on Uber Technologies in a research report on Monday, January 5th. Needham & Company LLC reissued a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a research note on Tuesday, November 4th. Susquehanna reaffirmed a “positive” rating and issued a $110.00 price target on shares of Uber Technologies in a research note on Wednesday, November 5th. Finally, Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Tuesday, October 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $107.50.

Key Uber Technologies News

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

• Positive Sentiment: Large autonomous-vehicle commitments: Uber is committing up to $250M to Waabi, which raised $750M, and plans to source many future robotaxis from Waabi’s platform — a sign Uber is investing in an off-balance-sheet route to scale autonomous ride volume. Uber’s new plan to deploy 25,000 robotaxis will come from an autonomous trucking company
• Positive Sentiment: Strategic OEM & chip partnerships: Mercedes and NVIDIA are partnering with Uber on large-scale, premium S‑Class Level‑4 robotaxis, validating Uber’s AV ambitions and giving possible scale and tech credibility. This can support long-term TAM expansion and revenue optionality. Mercedes, NVIDIA and Uber Team Up to Build S-Class Robotaxis
• Positive Sentiment: Analyst sentiment trending favorable: Some aggregator/analyst commentary shows bullish tilt (TipRanks trending StrongBuy), which can limit downside if earnings don’t materially disappoint. Uber Technologies Stock Forecast: Trending StrongBuy Among Analysts
• Neutral Sentiment: Pre-earnings focus on execution metrics: Analysts are digging beyond revenue and EPS into margins, adjusted metrics and segment KPIs ahead of Uber’s quarterly report next week — results could cause short-term volatility either way. Countdown to Uber (UBER) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
• Neutral Sentiment: Mixed analyst/coverage views: Some bullish write-ups praise revenue and user growth but flag valuation, keeping a cautious “hold” tone that moderates upside expectations. Uber Technologies: This Ride Has Exceeded My Expectations
• Negative Sentiment: Regulatory / worker-pay settlement: Uber Eats agreed to pay about $3.5M in restitution and penalties in NYC over delivery worker pay — a modest direct hit but a reminder of ongoing regulatory and labor compliance costs. Uber Eats Ordered to Pay $3.5 Million Over NYC Delivery Worker Pay
• Negative Sentiment: Legal and reputational exposure: A jury awarded $19M in a lawsuit versus Uber, and a federal trial has drawn testimony about frequent rider reports of sexual assault — these items raise legal costs and reputational risk that could pressure sentiment near term. Jury Awards Former NHL Player Brandon Crawley $19 Million in Lawsuit Against Uber Technologies, Inc. At Uber trial, expert says riders reported rape every day in 2024

Uber Technologies Stock Down 2.0%

Uber Technologies stock opened at $80.07 on Friday. The company has a fifty day simple moving average of $83.95 and a 200 day simple moving average of $90.21. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. The company has a market cap of $166.37 billion, a P/E ratio of 10.29 and a beta of 1.20.

Uber Technologies (NYSE:UBER) last released 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. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The business had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.25 billion. During the same quarter in the previous year, the business earned $1.20 earnings per share. Uber Technologies’s quarterly revenue was up 20.4% on a year-over-year basis. Research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal 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.