Uber Technologies, Inc. $UBER Shares Sold by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC trimmed its position in Uber Technologies, Inc. (NYSE:UBER) by 98.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,556 shares of the ride-sharing company’s stock after selling 1,530,784 shares during the period. Laurel Wealth Advisors LLC’s holdings in Uber Technologies were worth $1,818,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Kilter Group LLC purchased a new position in shares of Uber Technologies in the second quarter valued at approximately $26,000. Westend Capital Management LLC acquired a new position in Uber Technologies in the 3rd quarter valued at $27,000. Total Investment Management Inc. acquired a new position in Uber Technologies in the 2nd quarter valued at $32,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Uber Technologies in the 3rd quarter valued at $34,000. Finally, Howard Hughes Medical Institute acquired a new stake in Uber Technologies during the 2nd quarter worth $42,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on UBER shares. Arete Research set a $125.00 target price on shares of Uber Technologies and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Citizens Jmp upgraded shares of Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 price target on the stock in a research report on Wednesday, February 4th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Uber Technologies in a research note on Wednesday, January 7th. Roth Mkm set a $105.00 price objective on shares of Uber Technologies in a report on Thursday, February 5th. Finally, Citigroup decreased their target price on shares of Uber Technologies from $120.00 to $110.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $104.53.

Insider Buying and Selling

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the transaction, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value 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 position. The SEC filing for this sale provides additional information. Corporate insiders own 3.70% of the company’s stock.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber launched Uber Air (air taxi bookings integrated into the Uber app) in partnership with Joby Aviation, with first commercial flights planned for Dubai in 2026 — a long-term growth/revenue optionality story that investors are rewarding. Uber Air Is Officially Here
• Positive Sentiment: Joby and Uber confirmed in-app booking for eVTOL flights and Dubai launch timing; coverage notes Joby’s improving fundamentals and the tie-up’s potential to accelerate urban air mobility monetization. The eVTOL Era is Beginning With Uber and Joby Aviation
• Positive Sentiment: The Biden-era contractor rule is being rolled back by the current administration, which reduces the risk of stricter employee classification for gig companies and supports Uber’s cost model and margins. Trump administration moves to nix Biden-era rule on independent contractors
• Positive Sentiment: Insider buying was reported, a signal some investors interpret as management confidence in the stock’s prospects. Insider Buying Activity
• Positive Sentiment: BTIG and other analysts remain constructive (Buy ratings and ~$100 targets cited), supporting upside expectations versus recent trading levels. Analyst Bullish Coverage
• Neutral Sentiment: Uber’s acquisition of SpotHero aims to broaden mobility services and parking integration; strategic fit is positive but near-term financial impact is modest. Uber Buys SpotHero
• Neutral Sentiment: Analyst fair-value tweaks and sector multiple resets changed some price targets slightly lower, reflecting updated models rather than a broad shift in conviction. Analysts Reset Valuations
• Negative Sentiment: Driver protests in markets like Seattle spotlight supply/demand imbalance and regulatory/labor friction risk that could pressure trip economics in some regions. Seattle Driver Protest

Uber Technologies Price Performance

Uber Technologies stock opened at $75.20 on Monday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The company has a 50-day moving average price of $79.06 and a 200 day moving average price of $87.86. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The stock has a market cap of $154.76 billion, a P/E ratio of 15.97, a PEG ratio of 6.91 and a beta of 1.22.

Uber Technologies (NYSE:UBER) last posted 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). The firm had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business’s quarterly revenue was up 20.1% on a year-over-year basis. During the same period last year, the company earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Sell-side analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current 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.