HighTower Advisors LLC Sells 482,874 Shares of Uber Technologies, Inc. $UBER

HighTower Advisors LLC trimmed its holdings in Uber Technologies, Inc. (NYSE:UBER) by 39.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 747,057 shares of the ride-sharing company’s stock after selling 482,874 shares during the quarter. HighTower Advisors LLC’s holdings in Uber Technologies were worth $61,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies in the 3rd quarter worth about $25,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies in the 3rd quarter worth about $32,000. Ares Financial Consulting LLC bought a new position in shares of Uber Technologies in the 4th quarter worth about $28,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Uber Technologies in the 3rd quarter worth about $34,000. Finally, Archer Investment Corp increased its stake in shares of Uber Technologies by 33.2% in the 3rd quarter. Archer Investment Corp now owns 473 shares of the ride-sharing company’s stock worth $46,000 after acquiring an additional 118 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber increased its stake in Delivery Hero to 19.5%, making it the company’s largest shareholder and giving it a blocking minority. Investors may view this as a bullish move that expands Uber’s exposure to food delivery beyond the U.S. and supports its platform strategy. Uber Deepens Delivery Hero Stake As Food Delivery Shapes Valuation
• Positive Sentiment: Multiple reports highlighted that Uber’s expanded Delivery Hero position could be viewed as a sign of confidence in its delivery segment and a way to reinforce growth outside ride-hailing. UBER Stock Alert: Uber Just Upped Its Stake in Delivery Hero
• Neutral Sentiment: Joby Aviation said its air-taxi plans include partnerships with Uber and Delta, which keeps Uber associated with future mobility opportunities, but the impact on near-term earnings remains limited. Joby Aviation Nears Air Taxi Launch As FAA Progress Meets Partner Plans
• Negative Sentiment: A new report said Empower is undercutting Uber and Lyft on price by nearly 30% in New York City, underscoring competitive pressure in rideshare that could weigh on pricing power and market share. 30% Cheaper and Growing Fast: New Obi Research Reveals Empower’s Surge in New York City
• Negative Sentiment: Commentary noted Uber’s stock has stumbled in 2026 and that investors are hoping new products such as “Eats for the Way” can help restore confidence, suggesting the market still wants clearer evidence of a turnaround. Your Morning Coffee, on Uber: Investors Counting on an UBER Stock Turnaround Are Hoping That ‘Eats for the Way’ Pays Off

Insider Buying and Selling

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of Uber Technologies stock in a transaction dated Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly 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. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 3.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on UBER. Cantor Fitzgerald decreased their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. Citizens Jmp restated a “market outperform” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, April 28th. Mizuho reduced their price objective on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, February 5th. Finally, Roth Mkm set a $105.00 price objective on shares of Uber Technologies in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $105.11.

Uber Technologies Stock Up 0.8%

NYSE:UBER opened at $74.66 on Thursday. The firm has a market cap of $151.97 billion, a P/E ratio of 18.62, a P/E/G ratio of 6.30 and a beta of 1.16. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies, Inc. has a fifty-two week low of $68.46 and a fifty-two week high of $101.99. The firm has a 50-day simple moving average of $74.18 and a two-hundred day simple moving average of $79.57.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share 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 business had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same period last year, the business earned $0.83 EPS. Uber Technologies’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. Analysts predict that Uber Technologies, Inc. will post 2.95 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.