Securian Asset Management Inc. Decreases Stock Holdings in Uber Technologies, Inc. $UBER

Securian Asset Management Inc. reduced its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 43.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,500 shares of the ride-sharing company’s stock after selling 44,213 shares during the quarter. Securian Asset Management Inc.’s holdings in Uber Technologies were worth $4,617,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. ABN AMRO Bank N.V. grew its stake in Uber Technologies by 10.9% during the fourth quarter. ABN AMRO Bank N.V. now owns 1,219,906 shares of the ride-sharing company’s stock worth $99,402,000 after buying an additional 119,688 shares during the period. Pure Financial Advisors LLC grew its stake in Uber Technologies by 5.1% during the fourth quarter. Pure Financial Advisors LLC now owns 11,939 shares of the ride-sharing company’s stock worth $976,000 after buying an additional 582 shares during the period. Income Insurance Ltd purchased a new stake in Uber Technologies during the fourth quarter worth approximately $486,000. UNIVEST FINANCIAL Corp grew its stake in Uber Technologies by 6.7% during the fourth quarter. UNIVEST FINANCIAL Corp now owns 63,960 shares of the ride-sharing company’s stock worth $5,226,000 after buying an additional 4,037 shares during the period. Finally, NWM Advisors LLC purchased a new stake in Uber Technologies during the fourth quarter worth approximately $2,886,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

UBER has been the subject of several research reports. Morgan Stanley decreased their price objective on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. The Goldman Sachs Group set a $115.00 price objective on shares of Uber Technologies in a research note on Thursday. KeyCorp decreased their target price 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. Guggenheim restated a “buy” rating and issued a $125.00 target price on shares of Uber Technologies in a research note on Monday, April 27th. Finally, Piper Sandler upped their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.40.

Insiders Place Their Bets

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the company’s stock in a transaction 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 completion of the acquisition, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the sale, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 3.81% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber beat Q1 earnings expectations and issued a stronger-than-expected Q2 bookings outlook, suggesting continued demand in rideshare, delivery, and freight. Uber Jumps 7.6% After Stronger-Than-Expected Bookings Forecast
• Positive Sentiment: Uber Eats expanded its retail reach by adding more than 1,500 Ulta Beauty stores, which could boost same-day delivery volume and support growth beyond restaurant delivery. Uber Eats and Ulta Beauty Team Up to Deliver Beauty Essentials Nationwide
• Positive Sentiment: Uber One surpassed 50 million members, and those members now drive a large share of gross bookings, reinforcing the value of Uber’s subscription and loyalty ecosystem. Uber One Crosses 50 Million Members and Signals a Fundamental Business Transformation
• Positive Sentiment: Several analysts raised price targets or reiterated bullish ratings after the earnings report, signaling higher expectations for Uber’s long-term profitability and platform strength. Uber Zooms Ahead On Platform Strength, Analysts Revise Estimates After Q1 Print
• Neutral Sentiment: Uber-backed Lime filed for an IPO after revenue growth, which highlights the value of Uber’s broader mobility ecosystem, but it is not a direct near-term driver for Uber’s core earnings. Lime Files IPO After Revenue Climbs To $886.7 Million
• Neutral Sentiment: Uber’s management continued to emphasize autonomous vehicles as a long-term opportunity, but investors are still waiting for that potential to translate into clear financial results. Uber CEO Dara Khosrowshahi Sees ‘Trillion-Dollar’ Self-Driving Opportunity
• Negative Sentiment: News that Uber partner Avride is under investigation for self-driving crashes adds fresh caution around the autonomous-vehicle theme, which could weigh on sentiment toward Uber’s robotaxi strategy. Uber partner Avride is under investigation for self-driving crashes

Uber Technologies Trading Up 0.1%

NYSE UBER opened at $75.50 on Monday. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market capitalization of $153.69 billion, a price-to-earnings ratio of 18.83, a price-to-earnings-growth ratio of 5.77 and a beta of 1.16. The company’s fifty day moving average price is $74.17 and its two-hundred day moving average price is $80.81.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the prior year, the firm posted $0.83 EPS. The firm’s revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, research analysts predict that Uber Technologies, Inc. will post 3.28 earnings per share for the current fiscal year.

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.