Genesis Financial Group LLC Makes New $4.92 Million Investment in Uber Technologies, Inc. $UBER

Genesis Financial Group LLC purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) in the 4th quarter, Holdings Channel reports. The fund purchased 60,890 shares of the ride-sharing company’s stock, valued at approximately $4,915,000. Uber Technologies accounts for about 2.9% of Genesis Financial Group LLC’s holdings, making the stock its 8th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. increased its position in Uber Technologies by 1,905.3% during the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock worth $426,216,000 after buying an additional 4,133,532 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Uber Technologies by 4,471.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock valued at $290,660,000 after buying an additional 2,901,936 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Uber Technologies by 97.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 5,422,035 shares of the ride-sharing company’s stock worth $531,197,000 after acquiring an additional 2,671,539 shares during the period. C WorldWide Group Holding A S bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $173,776,000. Finally, Danske Bank A S acquired a new position in shares of Uber Technologies during the 3rd quarter worth approximately $151,979,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other news, insider Tony West sold 3,125 shares of Uber Technologies 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 transaction, the insider owned 176,584 shares in the company, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 3.84% of the company’s stock.

Uber Technologies Trading Up 0.1%

Shares of Uber Technologies stock opened at $71.75 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The company has a market capitalization of $146.59 billion, a price-to-earnings ratio of 15.23, a PEG ratio of 6.56 and a beta of 1.21. The firm’s 50-day moving average price is $74.49 and its two-hundred day moving average price is $84.55.

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

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Mizuho reduced their target price on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. The Goldman Sachs Group set a $125.00 price target on shares of Uber Technologies in a report on Wednesday, February 4th. Weiss Ratings cut Uber Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, March 19th. JPMorgan Chase & Co. decreased their target price on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Finally, Truist Financial set a $108.00 target price on Uber Technologies in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $105.14.

View Our Latest Analysis on Uber Technologies

Key Uber Technologies News

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

  • Positive Sentiment: Dubai Level?4 robotaxi rollout with WeRide validates Uber’s AV revenue path — the service is live, bookable in the Uber app, and Uber’s 5.82% stake in WeRide positions it to capture recurring, driverless ride revenue as deployments scale. Zacks: Uber, WeRide and Amazon
  • Positive Sentiment: CEO Dara Khosrowshahi publicly says he hopes to integrate Tesla robotaxis onto Uber’s platform — potential for faster fleet scaling if Tesla permits platform access, which could accelerate autonomous and electrified ride supply. MSN: Uber CEO hopes to incorporate Tesla robotaxis
  • Positive Sentiment: Bank of America reiterates a Buy on UBER with a $103 price target after Uber’s Blacklane acquisition — an institutional endorsement that supports upside versus current levels. Yahoo Finance: Bank of America Maintains Buy
  • Positive Sentiment: Driver EV incentives expanded — Uber is rolling out nationwide EV grants (reportedly up to $6,500) and other driver incentives (reports also cite $4,000 offers) to offset fuel costs and accelerate fleet electrification, which should improve driver economics and lower per?ride operating costs over time. Electrek: Uber expands EV grant nationwide Benzinga: Uber offers $4,000 to switch to EVs
  • Neutral Sentiment: Uber is reportedly evaluating a possible purchase of a controlling interest in Kakao Mobility — a strategic expansion into Korea that could be material if executed, but details and timing are unclear. MSN: Uber evaluating Kakao Mobility purchase
  • Neutral Sentiment: Industry/analyst commentary (Zacks and others) highlights Uber’s AV scaling and mixed near?term demand signals — reinforces the long?term narrative but leaves short?term execution and margins in focus. Yahoo Finance / Zacks: Analyst blog
  • Negative Sentiment: Restaurant partner exits (Pizza Inn / Pie Five) after Eats fee increases are publicized — a visible partner loss that could pressure Uber Eats gross merchandise volume and PR if fee disputes broaden. TheStreet: Popular pizza chain cuts ties
  • Negative Sentiment: Wells Fargo has lowered expectations for UBER stock — a reminder that some sell?side analysts are trimming near?term forecasts, which can weigh on sentiment even as longer?term catalysts play out. American Banking News: Wells Fargo lowers expectations

About Uber Technologies

(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.

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

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