National Bank of Canada FI cut its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 8.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,959,503 shares of the ride-sharing company’s stock after selling 171,298 shares during the quarter. National Bank of Canada FI owned about 0.09% of Uber Technologies worth $191,937,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the company. Mercer Global Advisors Inc. ADV lifted its holdings in Uber Technologies by 29.1% in the third quarter. Mercer Global Advisors Inc. ADV now owns 244,012 shares of the ride-sharing company’s stock valued at $23,906,000 after buying an additional 54,976 shares during the period. Mindset Wealth Management LLC lifted its stake in shares of Uber Technologies by 16.6% in the 3rd quarter. Mindset Wealth Management LLC now owns 3,903 shares of the ride-sharing company’s stock valued at $382,000 after purchasing an additional 557 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Uber Technologies by 29.3% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,582,870 shares of the ride-sharing company’s stock valued at $155,142,000 after purchasing an additional 359,116 shares during the period. L2 Asset Management LLC boosted its position in shares of Uber Technologies by 4.6% during the 3rd quarter. L2 Asset Management LLC now owns 9,796 shares of the ride-sharing company’s stock valued at $960,000 after purchasing an additional 430 shares in the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC boosted its position in shares of Uber Technologies by 10.9% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 30,321 shares of the ride-sharing company’s stock valued at $2,971,000 after purchasing an additional 2,982 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.
Uber Technologies Stock Performance
Shares of UBER opened at $74.74 on Tuesday. The firm has a market capitalization of $153.82 billion, a P/E ratio of 15.87, a P/E/G ratio of 6.72 and a beta of 1.22. Uber Technologies, Inc. has a 52 week low of $60.63 and a 52 week high of $101.99. The stock has a 50 day moving average price of $77.58 and a two-hundred day moving average price of $86.31. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14.
Analysts Set New Price Targets
Several analysts have recently commented on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $105.00 price objective on shares of Uber Technologies in a research report on Thursday, February 5th. Wall Street Zen lowered shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. The Goldman Sachs Group set a $125.00 price target on shares of Uber Technologies in a report on Wednesday, February 4th. Cantor Fitzgerald decreased their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Uber Technologies in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.29.
Read Our Latest Research Report on Uber Technologies
Insider Buying and Selling at Uber Technologies
In other Uber Technologies news, 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 transaction of $260,937.50. Following the transaction, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. The trade was a 1.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of Uber Technologies stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average price 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 approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.70% of the stock is currently owned by company insiders.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber and NVIDIA expanded their autonomous‑vehicle partnership to deploy NVIDIA‑powered robotaxis on Uber, starting in Los Angeles and San Francisco in 1H 2027 and scaling to 28 cities globally by 2028 — a concrete timetable that increases Uber’s optionality for low‑cost, higher‑margin autonomous rides and long‑term TAM expansion. NVIDIA to Launch L4 Software-Driven Robotaxis on Uber Across 28 Cities by 2028
- Positive Sentiment: Major automakers and mobility providers are adopting NVIDIA DRIVE Hyperion (BYD, Geely, Isuzu, Nissan, etc.), validating the software/hardware platform that Uber and NVIDIA will use — helping scalability, supplier alignment and reducing integration risk for Uber’s robotaxi rollout. BYD, Geely, Isuzu and Nissan Adopt NVIDIA DRIVE Hyperion for Level 4 Vehicles
- Positive Sentiment: Uber is expanding beyond rideshare into parking and autonomy — agreeing to acquire SpotHero and launching Uber Autonomous Solutions to support partners — which diversifies revenue streams and strengthens its position as a mobility platform provider. Uber Expands Into Parking And Autonomy As Valuation Gap Persists
- Neutral Sentiment: Media and market coverage (pre‑market and after‑hours) notes the stock reaction and investor interest tied to the NVIDIA announcement; increased attention can fuel momentum but also raises expectations. Uber Stock Rises on Expanded Deal with Nvidia to Rollout Robotaxis in 28 Cities
- Neutral Sentiment: Founder Travis Kalanick’s move to Texas drew headlines but is unlikely to change Uber’s operational outlook or near‑term fundamentals; mostly a reputational/biographical note for investors. Billionaire Uber co-founder Travis Kalanick admits strategically moving to Texas before California wealth tax
- Negative Sentiment: Macro and sentiment risk: high‑profile warnings about an AI valuation reset (e.g., Bill Gurley) could pressure stocks tied to AI/autonomy narratives (including NVIDIA and mobility plays like Uber) if investors re‑rate growth expectations. Bill Gurley on AI bubble: A bunch of people got rich quick and a reset is coming
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.
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