Montag A & Associates Inc. Buys 14,942 Shares of Uber Technologies, Inc. $UBER

Montag A & Associates Inc. increased its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 16.1% in the 3rd quarter, Holdings Channel reports. The firm owned 107,840 shares of the ride-sharing company’s stock after buying an additional 14,942 shares during the period. Montag A & Associates Inc.’s holdings in Uber Technologies were worth $10,565,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Foster Group Inc. raised its stake in Uber Technologies by 3.3% during the 3rd quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock valued at $330,000 after buying an additional 107 shares during the last quarter. Sage Rhino Capital LLC increased its position 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 valued at $268,000 after acquiring an additional 110 shares during the last quarter. Quent Capital LLC lifted its holdings 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 acquiring an additional 111 shares during the period. Advisors Capital Management LLC boosted its position in Uber Technologies by 1.8% in the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after purchasing an additional 111 shares during the last quarter. Finally, Emergent Wealth Advisors LLC boosted its position in Uber Technologies by 0.7% in the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after purchasing an additional 114 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

  • Positive Sentiment: Uber and Joby partnership — Uber launched “Uber Air” powered by Joby, letting riders book Joby’s all‑electric eVTOL air taxis through the Uber app as Joby advances FAA certification and prepares a Dubai debut. This extends Uber’s long‑term TAM into urban air mobility and is being viewed as a growth and differentiation catalyst. Uber Enters Into a New Deal With Joby on Electric Air Taxis
  • Positive Sentiment: Grocery expansion in Canada — Uber Eats struck a deal with T&T Supermarket to offer grocery delivery across Canada, reinforcing Eats’ push into higher‑frequency grocery orders and incremental revenue opportunities in a large market. Uber Inks Deal With T&T Supermarket for Grocery Delivery In Canada
  • Neutral Sentiment: Autonomous/robot delivery competition — Coverage on Serve Robotics questions whether its signed restaurant footprint (3,600 locations) can achieve the dense, profitable networks needed to scale. This is a competitor watch item: if robot delivery succeeds, it could pressure Eats margins; if not, it reduces competitive risk. Can Serve Robotics Convert 3,600 Restaurants Into Profitable Density?
  • Neutral Sentiment: Investor engagement — Uber presented at the Morgan Stanley TMT conference (transcript available), offering investors updated strategy and execution color; useful for sentiment but not an immediate catalyst. Uber Presents at Morgan Stanley Conference (Transcript)
  • Negative Sentiment: Securities‑fraud investigation notice — The Portnoy Law Firm announced a probe into possible securities fraud at Uber and may pursue a class action. Such investigations can increase headline risk and uncertainty, particularly if they lead to litigation or disclosures. Uber Investigated by the Portnoy Law Firm
  • Negative Sentiment: Jury verdict tied to background‑check errors — A federal jury awarded $680,000 to an Uber driver in a suit against SambaSafety for erroneous reporting that led to deactivation. While the defendant is a third party, the case highlights operational and reputational exposure around driver vetting processes. Consumer Justice Law Firm Wins $680,000 Jury Verdict
  • Negative Sentiment: Analyst commentary warning on volatility — Market commentary (Forbes) cautions Uber’s rallies can reverse quickly, reminding investors of the stock’s historical volatility and downside risk despite recent gains. Why Uber Stock’s Rally Might Hit A Roadblock

Insider Activity at Uber Technologies

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the acquisition, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Tony West sold 3,125 shares of the 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 of the company’s stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Arete Research set a $125.00 price objective on shares of Uber Technologies and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. BTIG Research reiterated a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a research report on Wednesday, February 4th. Susquehanna reiterated a “positive” rating and set a $110.00 price target on shares of Uber Technologies in a research note on Wednesday, November 5th. Morgan Stanley reduced their price objective on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Uber Technologies in a research report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $104.53.

Read Our Latest Report on UBER

Uber Technologies Stock Up 0.6%

Shares of UBER stock opened at $76.37 on Wednesday. The company has a market capitalization of $157.18 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 6.96 and a beta of 1.22. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The company’s fifty day moving average price is $78.87 and its 200-day moving average price is $87.64. Uber Technologies, Inc. has a one year low of $60.63 and a one year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The business had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. During the same quarter in the previous year, the company posted $3.21 EPS. The company’s quarterly revenue was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Sell-side analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Uber Technologies Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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