Long Corridor Asset Management Ltd cut its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 48.4% during the 3rd quarter, Holdings Channel reports. The firm owned 167,200 shares of the ride-sharing company’s stock after selling 156,800 shares during the period. Uber Technologies comprises 6.7% of Long Corridor Asset Management Ltd’s investment portfolio, making the stock its 6th largest position. Long Corridor Asset Management Ltd’s holdings in Uber Technologies were worth $16,381,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of UBER. Brant Point Investment Management LLC acquired a new stake in shares of Uber Technologies during the 2nd quarter valued at $933,000. Spirepoint Private Client LLC grew its holdings in shares of Uber Technologies by 21.9% in the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock worth $7,331,000 after acquiring an additional 13,454 shares during the last quarter. Econ Financial Services Corp acquired a new stake in shares of Uber Technologies during the third quarter worth $1,538,000. Transcendent Capital Group LLC acquired a new stake in shares of Uber Technologies during the third quarter worth $1,859,000. Finally, Munro Partners purchased a new stake in shares of Uber Technologies during the second quarter valued at $96,294,000. Institutional investors own 80.24% of the company’s stock.
Insider Buying and Selling at Uber Technologies
In related 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 value of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. The trade was a 1.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was acquired at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the acquisition, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 3.84% of the company’s stock.
Uber Technologies News Roundup
- Positive Sentiment: Uber expands mobility offerings in India by adding pan‑India intercity bus ticketing via a partnership with AbhiBus — a low‑capital way to widen addressable market and drive platform usage in a fast‑growing geography. Article Title
- Positive Sentiment: Management used the Morgan Stanley TMT conference to lay out a strategic roadmap (five pillars highlighted by new CFO Balaji) emphasizing growth, margin discipline and product innovation — a reaffirmation of long‑term strategy that supports multiple revenue streams. Article Title
- Positive Sentiment: Uber Air (with Joby) has launched in Dubai, letting users book eVTOL rides through the Uber app — opens an adjacent mobility market and reinforces Uber’s platform play, though monetization and scale remain multi‑year questions. Article Title
- Positive Sentiment: Coverage highlighting the gig‑economy tailwind lists Uber among names to watch, underscoring structural demand for rideshare and delivery services as consumers return to out‑of‑home spending. Article Title
- Neutral Sentiment: Zacks notes the stock has moved modestly since the last earnings release and asks whether that momentum can continue — useful context but not a directional catalyst on its own. Article Title
- Neutral Sentiment: Market and analyst pieces debate the Uber–Joby tie‑up (game‑changer vs. hype). The partnership enhances platform optionality but financial payoff is distant and depends on Joby scale and unit economics. Article Title
- Negative Sentiment: Recent quarterly results showed an EPS miss (EPS below consensus) despite revenue growth — a near‑term negative that often pressures the stock until guidance or execution re‑assures investors. Article Title
Analyst Ratings Changes
A number of research firms recently weighed in on UBER. Citigroup decreased their price target on Uber Technologies from $120.00 to $110.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Melius Research set a $73.00 price objective on Uber Technologies in a report on Monday, January 5th. KeyCorp reduced their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Jefferies Financial Group reiterated a “buy” rating on shares of Uber Technologies in a report on Wednesday, January 7th. Finally, Wedbush dropped their target price on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $104.53.
View Our Latest Analysis on UBER
Uber Technologies Trading Down 0.5%
Shares of NYSE UBER opened at $75.07 on Friday. The business has a 50 day simple moving average of $78.54 and a 200 day simple moving average of $87.29. Uber Technologies, Inc. has a 52 week low of $60.63 and a 52 week high of $101.99. The stock has a market cap of $154.50 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 6.89 and a beta of 1.22. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14.
Uber Technologies (NYSE:UBER – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies’s revenue was up 20.1% compared to the same quarter last year. During the same period in the previous year, the business posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, research analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.
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.
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