Pittenger & Anderson Inc. Purchases 39,153 Shares of Uber Technologies, Inc. $UBER

Pittenger & Anderson Inc. lifted its holdings in Uber Technologies, Inc. (NYSE:UBER) by 667.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,018 shares of the ride-sharing company’s stock after buying an additional 39,153 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Uber Technologies were worth $4,410,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Norges Bank bought a new stake in Uber Technologies in the second quarter worth $2,348,319,000. Pacer Advisors Inc. increased its stake in Uber Technologies by 1,905.3% during the 3rd quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock valued at $426,216,000 after purchasing an additional 4,133,532 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Uber Technologies by 1.6% in the second quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after buying an additional 3,025,483 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Uber Technologies by 4,471.9% during 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. Finally, Nordea Investment Management AB grew its holdings in shares of Uber Technologies by 105.9% during the second quarter. Nordea Investment Management AB now owns 5,459,829 shares of the ride-sharing company’s stock valued at $506,618,000 after buying an additional 2,807,967 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Uber committed up to $500M to Waabi’s funding round, backing the startup’s expansion from autonomous trucking into robotaxis and a plan to scale thousands of vehicles — a long‑term growth catalyst for Uber’s mobility margins and capital-light robotaxi exposure. Uber Plows $500M into Self-Driving Startup Waabi
• Positive Sentiment: Uber launched an “AV Labs” division to gather driving data for robotaxi partners — a practical step to monetize data, speed development of autonomy partners, and de‑risk tech integration. Uber launches an ‘AV Labs’ division
• Neutral Sentiment: Analysts are mixed ahead of Q4: revenue growth expectations remain solid (~19% in one preview) but EPS is forecast to decline, leaving the upcoming report a key short‑term catalyst that could swing sentiment either way. Uber Q4 Earnings on Deck
• Neutral Sentiment: Broader AI/security chatter (e.g., viral assistants and AI-agent ratings) is raising cybersecurity conversations in tech ecosystems; relevance to Uber is indirect but adds background noise to risk assessment. Crypto loves Clawdbot/Moltbot, Uber ratings for AI agents
• Negative Sentiment: Security and governance scrutiny resurfaced after legal commentary linking past ex‑employee issues and SolarWinds lessons to data‑security risks — a reminder investors price into technology and partner risk. Cases of Ex-Uber Officer, SolarWinds Offer Data Security Lessons
• Negative Sentiment: Uber faces legal and reputational pressure: the company denied liability in a sexual‑assault trial and personal‑injury practices are expanding Uber‑related case focus — ongoing litigation risk that can weigh on multiple quarters. Uber denies liability for drivers in sexual assault trial
• Negative Sentiment: Short‑term equity pressure: coverage noted Uber as a laggard in some funds and recent sessions showed a larger dip than the broader market, reflecting investor caution ahead of earnings and on macro/competitive risks. Uber Sees a More Significant Dip Than Broader Market
• Negative Sentiment: Local legal exposure: a law firm announced expanded focus on pedestrian/truck/Uber accident cases in Arizona, highlighting persistent regional liability exposure as ride and delivery volumes grow. Warnock Law Expands Focus on Uber Accident Cases

Insiders Place Their Bets

In other news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction dated 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. The trade was a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total value of $519,255.00. Following the transaction, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. The trade was a 21.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 14,875 shares of company stock worth $1,319,130. 3.84% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have commented on UBER shares. Royal Bank Of Canada set a $110.00 target price on Uber Technologies in a report on Wednesday, November 5th. Wolfe Research dropped their price target on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Melius Research set a $73.00 price objective on shares of Uber Technologies in a report on Monday, January 5th. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Finally, Barclays decreased their target price on shares of Uber Technologies from $110.00 to $107.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average price target of $107.50.

Uber Technologies Stock Performance

NYSE:UBER opened at $81.71 on Friday. The stock has a 50-day moving average price of $84.03 and a 200 day moving average price of $90.32. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The stock has a market capitalization of $169.79 billion, a P/E ratio of 10.50 and a beta of 1.20.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The business had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.25 billion. During the same period last year, the firm posted $1.20 EPS. The company’s revenue was up 20.4% on a year-over-year basis. Equities research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal 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.