Uber Technologies, Inc. $UBER Shares Sold by Public Sector Pension Investment Board

Public Sector Pension Investment Board cut its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 30.3% during the third quarter, HoldingsChannel.com reports. The firm owned 691,770 shares of the ride-sharing company’s stock after selling 300,301 shares during the period. Public Sector Pension Investment Board’s holdings in Uber Technologies were worth $67,773,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UBER. Norges Bank acquired a new position in Uber Technologies during the 2nd quarter valued at about $2,348,319,000. Pacer Advisors Inc. boosted its holdings in Uber Technologies by 1,905.3% in the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock worth $426,216,000 after acquiring an additional 4,133,532 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Uber Technologies by 1.6% during the second quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after acquiring an additional 3,025,483 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Uber Technologies by 4,471.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock valued at $290,660,000 after acquiring an additional 2,901,936 shares in the last quarter. Finally, Nordea Investment Management AB increased its holdings in shares of Uber Technologies by 105.9% during the second quarter. Nordea Investment Management AB now owns 5,459,829 shares of the ride-sharing company’s stock valued at $506,618,000 after acquiring an additional 2,807,967 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Citizens Jmp upgraded shares of Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 target price for the company in a research note on Wednesday, February 4th. Piper Sandler set a $107.00 price objective on shares of Uber Technologies in a research note on Wednesday, November 5th. Truist Financial set a $108.00 price objective on shares of Uber Technologies in a report on Monday. Erste Group Bank lowered Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Finally, Susquehanna reaffirmed a “positive” rating and set a $110.00 price target on shares of Uber Technologies in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $104.89.

Insider Buying and Selling

In related news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the sale, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 9,375 shares of company stock worth $799,875 over the last quarter. 3.84% of the stock is owned by company insiders.

Key Uber Technologies News

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

• Positive Sentiment: WeRide-Uber expanded the first commercial Robotaxi service into downtown Abu Dhabi, increasing coverage to ~70% of core areas and enabling bookings through the Uber app — a visible step in AV monetization and platform differentiation. WeRide and Uber Begin First Commercial Robotaxi Service in Downtown Abu Dhabi
• Positive Sentiment: Uber Eats launched an AI “Cart Assistant” to build grocery baskets from text or images — a direct product push to take share from Instacart that could expand GMV and margins in grocery over time. Uber Eats launches AI cart assistant for grocery delivery
• Positive Sentiment: Uber and Baidu’s Apollo Go driverless rides launched in Dubai, integrating AV supply into the Uber app — another AV distribution channel that supports the company’s autonomous strategy and geographic scale. Uber & Baidu Expand Deal for Dubai AV Rides
• Neutral Sentiment: Uber for Business partnered with Mazda to provide dealership courtesy rides, vehicle delivery and service support — a business-to-business use case that could modestly grow rides or logistics volume but is unlikely to move near-term revenue materially. Uber for Business and Mazda Team Up
• Neutral Sentiment: Legislative progress in Israel to allow Uber/Lyft operations signals potential market expansion, but commercialization and competitive ramp remain early-stage. Bill allowing Uber and Lyft in Israel receives committee approval
• Negative Sentiment: Unusually large put-option buying was reported (159,363 puts traded, ~46% above average), indicating elevated bearish positioning or hedging activity that can amplify downward pressure on the share price.
• Negative Sentiment: An analyst downgrade was reported and has been cited as contributing to intraday selling, reinforcing near-term negative sentiment despite the strategic product/AV news. Uber Shares Down on Analyst Downgrade

Uber Technologies Trading Up 0.2%

Shares of Uber Technologies stock opened at $71.17 on Friday. The stock has a market cap of $147.88 billion, a PE ratio of 15.11, a price-to-earnings-growth ratio of 6.50 and a beta of 1.21. The firm has a fifty day moving average price of $81.74 and a 200 day moving average price of $89.20. 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 0.38, a current ratio of 1.14 and a quick ratio of 1.15.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results 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 for 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% on a year-over-year basis. During the same period in the prior year, the business posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities 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.