Ashton Thomas Private Wealth LLC Boosts Stock Position in Uber Technologies, Inc. $UBER

Ashton Thomas Private Wealth LLC increased its stake in Uber Technologies, Inc. (NYSE:UBER) by 34.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 94,198 shares of the ride-sharing company’s stock after buying an additional 24,103 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Uber Technologies were worth $9,229,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Westend Capital Management LLC bought a new stake in shares of Uber Technologies during the third quarter valued at about $27,000. Kilter Group LLC bought a new stake in Uber Technologies during the 2nd quarter worth approximately $26,000. Trust Co. of Toledo NA OH purchased a new stake in Uber Technologies in the 2nd quarter worth approximately $30,000. Total Investment Management Inc. bought a new position in Uber Technologies in the 2nd quarter valued at $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Uber Technologies during the 3rd quarter valued at $34,000. 80.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on UBER shares. Morgan Stanley lowered their price objective on Uber Technologies from $115.00 to $110.00 and set an “overweight” rating on the stock in a research report on Monday, December 8th. Melius Research set a $73.00 price target on Uber Technologies in a report on Monday, January 5th. Piper Sandler set a $107.00 price target on Uber Technologies in a research report on Wednesday, November 5th. Citigroup restated a “market perform” rating on shares of Uber Technologies in a research report on Wednesday, December 10th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a research note on Thursday, January 15th. Four research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $107.19.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer directly owned 20,330 shares in the company, valued at $1,919,355.30. This represents a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction dated 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 directly owned 176,584 shares in the company, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 14,875 shares of company stock valued at $1,319,130 over the last three months. 3.70% of the stock is currently owned by insiders.

Uber Technologies Stock Down 3.6%

Shares of UBER opened at $77.93 on Wednesday. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a 50 day simple moving average of $83.78 and a two-hundred day simple moving average of $90.05. The firm has a market cap of $161.91 billion, a P/E ratio of 10.02 and a beta of 1.21.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.12). Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The business had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. On average, analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Revenue growth driven by delivery — Uber reported ~20% Q4 revenue growth and food-delivery results that beat estimates, supporting near-term topline strength. Article Title
• Positive Sentiment: Record engagement and cash flow — Management said monthly users and daily trips hit all-time highs and emphasized “significant cash flow” and a clear path to scale. That underpins confidence in longer-term free cash flow conversion. Article Title
• Positive Sentiment: Analyst support — Needham reaffirmed a Buy and $109 price target, highlighting operational leadership and pricing power as reasons to be constructive. Analyst backing can buoy sentiment. Article Title
• Neutral Sentiment: Robotaxi / AV narrative continues — Management and some analysts point to autonomous vehicles as a multitrillion-dollar long-term opportunity, but near-term impact and timing remain uncertain. This is strategic upside, not immediate earnings relief. Article Title
• Neutral Sentiment: Asia expansion — Uber has relaunched in Macau and is cautiously re-entering Asia, which could expand TAM over time but is unlikely to move near-term earnings materially. Article Title
• Negative Sentiment: EPS miss and weak profit guide — Uber missed some Q4 profit estimates and explicitly forecast Q1 profit below market expectations; that guidance is the primary near-term catalyst for downward pressure. Article Title
• Negative Sentiment: Margin pressure from cheaper rides — Management’s strategy to grow trips with more affordable options boosted volumes but squeezed margins, weighing on near-term profitability. Article Title
• Negative Sentiment: Regulatory / legal overhang — Reports of a €1.7B (~$2.8B) claim in France over driver status remain a potential sizable liability and sentiment headwind. Article Title
• Negative Sentiment: AV valuation uncertainty — Bank of America and others flag near-term autonomous-vehicle uncertainties that complicate valuation assumptions for Uber’s long-term growth story. Article Title

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.