Uber Technologies, Inc. $UBER Shares Purchased by Federated Hermes Inc.

Federated Hermes Inc. boosted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 21.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,504,594 shares of the ride-sharing company’s stock after purchasing an additional 265,643 shares during the period. Federated Hermes Inc. owned approximately 0.07% of Uber Technologies worth $147,405,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Foster Group Inc. lifted its holdings 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 increased its stake 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 acquiring an additional 110 shares during the last quarter. Quent Capital LLC raised its position in Uber Technologies by 3.3% in the third quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock valued at $343,000 after purchasing an additional 111 shares during the period. Emergent Wealth Advisors LLC lifted its stake 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 purchasing an additional 114 shares during the last quarter. Finally, Dumont & Blake Investment Advisors LLC grew its holdings in shares of Uber Technologies by 1.3% during the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 8,975 shares of the ride-sharing company’s stock worth $879,000 after purchasing an additional 115 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UBER. Morgan Stanley reduced their price objective on shares of Uber Technologies from $115.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, December 8th. TD Cowen reissued a “buy” rating on shares of Uber Technologies in a research note on Wednesday, November 5th. Erste Group Bank cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Guggenheim reiterated a “buy” rating and issued a $135.00 target price on shares of Uber Technologies in a report on Thursday, January 22nd. Finally, Royal Bank Of Canada set a $110.00 price target on Uber Technologies in a research note on Wednesday, November 5th. Four 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $107.50.

Key Uber Technologies News

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

• Positive Sentiment: Uber launched an “AV Labs” division to aggregate driving data for its robotaxi partners — a move that strengthens its position as a data hub for autonomous-vehicle ecosystems and could create new revenue/partnership leverage. Uber launches an ‘AV Labs’ division to gather driving data for robotaxi partners MSN: Uber launches an ‘AV Labs’ division
• Positive Sentiment: A Dutch court ruled that Uber drivers are contractors, not employees — a ruling that, if it holds across more jurisdictions, reduces potential labor-cost liabilities and pension/employment expense exposure. Uber Drivers Aren’t Employees but Contractors, Dutch Court Rules
• Positive Sentiment: Institutional buying: Bensler LLC increased its Uber stake to about $12.1M, signaling continued investor interest from some money managers. Bensler LLC Has $12.11 Million Stock Position in Uber Technologies, Inc.
• Neutral Sentiment: Investor letters note Uber is exposed to the autonomous-vehicle narrative — keeping sentiment tied to AV progress rather than core rideshare fundamentals. This is thematic and price-sensitive to AV milestones. Uber Technologies (UBER): Impacted by Autonomous-Vehicle Related Narrative
• Neutral Sentiment: Analysts (Wedbush) urge caution heading into Q4 earnings across mobility/delivery peers — a cautious tone that can amplify short-term volatility around Uber’s results. Riding Into Uber, Lyft Q4 Earnings With ‘Caution’
• Negative Sentiment: Uber is defending itself in a sexual-assault trial where the company denies liability for drivers — an ongoing legal episode that raises reputational and potential financial risk if rulings or damages go against Uber. Uber denies liability for drivers in sexual assault trial
• Negative Sentiment: Berger Montague opened a shareholder probe into Uber’s board for possible fiduciary breaches tied to rider safety and background-check oversight — heightened governance/legal scrutiny that can pressure the stock. INVESTIGATION ALERT: Berger Montague PC Investigates Uber Technologies, Inc.’s Board
• Negative Sentiment: Competitive risk: Lyft is developing a teen-rides feature to close gaps with Uber — incremental competitive pressure in core rideshare demand/market-share dynamics. Lyft Working on Teen Rides Feature as It Plays Catch-Up With Uber
• Negative Sentiment: Fund commentary listed Uber as a laggard in certain large-cap growth portfolios, highlighting near-term underperformance risk versus peers. Uber Technologies (UBER) was the worst performer: NewBridge Large Cap Growth Equity

Insider Activity

In related news, insider Tony West sold 3,125 shares of the company’s stock in a transaction that occurred 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 sale, the insider directly owned 176,584 shares in the company, valued at approximately $14,744,764. This represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction that occurred on Wednesday, November 12th. The stock was 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 owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This represents a 21.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 14,875 shares of company stock worth $1,319,130. 3.70% of the stock is owned by company insiders.

Uber Technologies Stock Performance

Shares of UBER stock opened at $81.19 on Wednesday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a 52 week low of $60.63 and a 52 week high of $101.99. The stock has a market capitalization of $168.70 billion, a PE ratio of 10.44 and a beta of 1.20. The firm has a 50 day moving average of $84.25 and a two-hundred day moving average of $90.46.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. The business had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The company’s revenue was up 20.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.20 earnings per share. On average, research analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

About Uber Technologies

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.