Palacios Wealth Management LLC Has $1.99 Million Holdings in Uber Technologies, Inc. $UBER

Palacios Wealth Management LLC lessened its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 27.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,364 shares of the ride-sharing company’s stock after selling 8,994 shares during the quarter. Uber Technologies comprises 1.5% of Palacios Wealth Management LLC’s investment portfolio, making the stock its 17th biggest position. Palacios Wealth Management LLC’s holdings in Uber Technologies were worth $1,991,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of UBER. Brighton Jones LLC raised its stake in Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after purchasing an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after purchasing an additional 6,129 shares in the last quarter. Bison Wealth LLC raised its stake in Uber Technologies by 20.3% in the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after purchasing an additional 641 shares in the last quarter. Caxton Associates LLP acquired a new position in Uber Technologies in the first quarter valued at about $304,000. Finally, Schnieders Capital Management LLC. acquired a new position in Uber Technologies in the second quarter valued at about $842,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Price Performance

Uber Technologies stock opened at $75.65 on Thursday. The stock has a market capitalization of $154.56 billion, a price-to-earnings ratio of 16.06, a PEG ratio of 7.07 and a beta of 1.21. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The stock’s 50 day moving average price is $73.47 and its two-hundred day moving average price is $82.17. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14.

Uber Technologies (NYSE:UBERGet Free Report) last issued its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter in the prior year, the business earned $3.21 earnings per share. Uber Technologies’s revenue for the quarter was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, equities analysts predict that Uber Technologies, Inc. will post 3.34 earnings per share for the current year.

Key Uber Technologies News

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

  • Positive Sentiment: Expanded payments & restaurant push with Block — Uber and Block widened their global partnership (Cash App Pay in the U.S., deeper Square–Uber Eats integrations), a revenue/merchant-operations positive that can boost payments and restaurant unit economics. Uber and Block Expand Global Partnership
  • Positive Sentiment: Big strategic bet on Lucid / robotaxi scale — Uber disclosed a material stake and an expanded 35,000-vehicle robotaxi commitment with Lucid, signaling acceleration of its autonomous-fleet strategy and potential future unit-cost benefits if execution succeeds. Lucid Sees Uber Raise Stake
  • Positive Sentiment: Autonomous delivery rollouts continue — Coco Robotics launched on Uber Eats in San Jose, reflecting continued scaling of low-cost last‑mile AV delivery pilots that could reduce delivery margins over time. Coco Robotics Launches with Uber Eats
  • Neutral Sentiment: AV pivot: opportunity vs. margin risk — Coverage highlights Uber’s multi‑billion-dollar investment in autonomy (long‑term growth potential) but flags near‑term capex and margin pressure; investors must judge timing and returns. Uber’s AV pivot: Growth opportunity or margin risk?
  • Neutral Sentiment: Local regulation data mixed — A Seattle report found gig‑worker pay rose under a minimum-pay law, which could support policy makers’ positions but also imply higher delivery costs in regulated markets. Seattle report on gig worker pay law
  • Negative Sentiment: Jury finds Uber liable in bellwether assault trial — A federal jury awarded damages in a passenger assault case; the company faces thousands of related MDL claims, raising legal and potential settlement exposure. Federal jury finds Uber responsible for driver assault
  • Negative Sentiment: Consumer payment complaints surface — Viral reports claim some riders were charged more when using AmEx, creating short‑term PR and regulatory scrutiny risks around pricing transparency and payment flows. Uber riders complain about AmEx surcharge
  • Negative Sentiment: Shares slipped amid mixed headlines — Market write‑ups note UBER pulled back on a weak day as investors parsed the legal loss, AV spending plans and recent strategic moves. UBER Stock Drops Despite Market Gains

Insiders Place Their Bets

In related news, 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 value of $2,233,500.00. Following the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the acquisition, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.81% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on UBER shares. Truist Financial set a $108.00 target price on Uber Technologies in a research note on Monday, February 9th. TD Cowen reiterated a “buy” rating on shares of Uber Technologies in a report on Wednesday, March 11th. Stifel Nicolaus reduced their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. BNP Paribas Exane began coverage on Uber Technologies in a report on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 target price on the stock. Finally, BTIG Research reiterated a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $105.14.

Check Out Our Latest Report on UBER

Uber Technologies Company Profile

(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.

Further Reading

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

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