LGT Fund Management Co Ltd. Has $14.09 Million Stock Position in Uber Technologies, Inc. $UBER

LGT Fund Management Co Ltd. lifted its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 31.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 145,806 shares of the ride-sharing company’s stock after purchasing an additional 34,719 shares during the period. Uber Technologies accounts for approximately 1.1% of LGT Fund Management Co Ltd.’s holdings, making the stock its 19th largest holding. LGT Fund Management Co Ltd.’s holdings in Uber Technologies were worth $14,086,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in UBER. Westend Capital Management LLC bought a new stake in Uber Technologies in the third quarter valued at about $27,000. Kilter Group LLC bought a new position in Uber Technologies during the second quarter worth about $26,000. Total Investment Management Inc. acquired a new position in shares of Uber Technologies during the 2nd quarter worth about $32,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Uber Technologies during the 3rd quarter worth about $34,000. Finally, True Wealth Design LLC increased its stake in shares of Uber Technologies by 38.6% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the ride-sharing company’s stock valued at $42,000 after acquiring an additional 118 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Wedbush decreased their price objective on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. DA Davidson reduced their price target on shares of Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Arete Research set a $125.00 price target on shares of Uber Technologies and gave the company a “buy” rating in a report on Wednesday, December 3rd. JPMorgan Chase & Co. lowered 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 report on Thursday, February 5th. Finally, Wells Fargo & Company dropped their price objective on Uber Technologies from $122.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. One investment 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 company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $104.53.

Read Our Latest Stock Analysis on Uber Technologies

Key Uber Technologies News

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

  • 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

Uber Technologies Stock Performance

Shares of UBER stock opened at $75.07 on Monday. 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, Inc. has a 52 week low of $60.63 and a 52 week high of $101.99. The company’s 50 day moving average price is $78.54 and its two-hundred day moving average price is $87.25. The company has a market capitalization of $154.50 billion, a P/E ratio of 15.94, a price-to-earnings-growth ratio of 6.89 and a beta of 1.22.

Uber Technologies (NYSE:UBERGet Free Report) last released 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). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. During the same quarter last year, the company earned $3.21 EPS. The firm’s quarterly revenue was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were 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 directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Tony West sold 3,125 shares of the business’s stock in a transaction dated 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 in the company, 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. 3.84% of the stock is currently owned by corporate insiders.

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.

See Also

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

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