HWG Holdings LP reduced its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 77.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,082 shares of the ride-sharing company’s stock after selling 55,725 shares during the period. Uber Technologies comprises 0.3% of HWG Holdings LP’s investment portfolio, making the stock its 28th largest position. HWG Holdings LP’s holdings in Uber Technologies were worth $1,314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies in the third quarter worth approximately $25,000. Kilter Group LLC bought a new stake in Uber Technologies during the 2nd quarter valued at $26,000. Westend Capital Management LLC bought a new stake in Uber Technologies during the 3rd quarter valued at $27,000. Total Investment Management Inc. purchased a new stake in Uber Technologies during the 2nd quarter valued at $32,000. Finally, Imprint Wealth LLC purchased a new stake in Uber Technologies during the 3rd quarter valued at $32,000. Institutional investors own 80.24% of the company’s stock.
Uber Technologies Trading Up 1.0%
NYSE:UBER opened at $73.10 on Thursday. The company has a 50-day moving average price of $76.07 and a 200-day moving average price of $85.49. Uber Technologies, Inc. has a 12 month low of $60.63 and a 12 month high of $101.99. 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 stock has a market cap of $149.33 billion, a price-to-earnings ratio of 15.52, a P/E/G ratio of 6.63 and a beta of 1.22.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the stock. DA Davidson decreased their price objective on shares of Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. 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. Wells Fargo & Company cut their target price on Uber Technologies from $122.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Melius Research set a $73.00 price target on Uber Technologies in a report on Monday, January 5th. Finally, Mizuho lowered their price target on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $105.29.
Get Our Latest Stock Report on Uber Technologies
Key Headlines Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber announced an exclusive, multi‑year partnership with Ibotta to deliver digital promotions across Uber’s U.S. grocery and retail ecosystem — expected to increase monetization of grocery/retail trips and provide CPGs a direct ad/promotions channel at point‑of‑purchase. Read More.
- Positive Sentiment: Reports say Uber is close to acquiring Blacklane, a premium global chauffeur service — a move that would expand Uber into higher‑margin, pre‑booked and corporate travel segments, which can lift overall take rates and margin profile. Read More.
- Positive Sentiment: Coverage of Uber’s push to convert Rivian’s R2 into a robotaxi highlights the company’s longer‑term strategy to lower driver costs and create an autonomous mobility revenue stream — a multi‑year catalyst for margins if execution and AV economics improve. Read More.
- Neutral Sentiment: Uber is expanding its New York office after CEO Dara Khosrowshahi relocated there and instituted stronger return‑to‑office expectations — signals of executive commitment to NYC talent and customer proximity, but with incremental office costs and culture implications. Read More.
- Neutral Sentiment: CEO remarks on AI (calling other executives dishonest about AI impacts) have drawn attention — notable for strategy signaling but unclear near‑term financial impact; could influence investor perception about management’s stance on automation and labor. Read More.
- Negative Sentiment: Some reports note the stock dipped more than the broader market amid the news flow and sector moves — short‑term volatility risk as investors parse deals, partnerships and macro. Read More.
- Negative Sentiment: Uber disclosed political contributions supporting multiple California gubernatorial candidates — creates potential reputational/regulatory scrutiny that can be a modest near‑term headwind for investor sentiment. Read More.
Insider Buying and Selling at Uber Technologies
In other Uber Technologies news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of Uber Technologies stock in a transaction on Tuesday, February 24th. The shares were purchased at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the acquisition, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 3.84% of the company’s stock.
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.
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