HB Wealth Management LLC Acquires 28,477 Shares of Uber Technologies, Inc. $UBER

HB Wealth Management LLC grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 19.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 175,980 shares of the ride-sharing company’s stock after purchasing an additional 28,477 shares during the quarter. HB Wealth Management LLC’s holdings in Uber Technologies were worth $17,241,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Kilter Group LLC purchased a new stake in Uber Technologies during the second quarter worth about $26,000. Westend Capital Management LLC purchased a new position in Uber Technologies in the third quarter valued at about $27,000. West Oak Capital LLC bought a new position in shares of Uber Technologies during the 2nd quarter valued at approximately $28,000. Trust Co. of Toledo NA OH purchased a new stake in shares of Uber Technologies during the 2nd quarter worth approximately $30,000. Finally, Ransom Advisory Ltd bought a new stake in shares of Uber Technologies in the 1st quarter worth approximately $31,000. 80.24% of the stock is currently owned by institutional investors.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber, Lucid and Nuro unveiled a production-intent robotaxi, began on-road testing and intend to deploy services (San Francisco Bay Area) later this year — a tangible step that reframes Uber as a leading partner in commercial autonomous mobility and appears to be driving buying interest. Uber Technologies (UBER) Is Up 5.5% After Anchoring Robotaxi Strategy On Lucid–Nuro Partner Fleets
• Positive Sentiment: Multiple outlets report the Lucid–Nuro–Uber robotaxi program (CES display, production intent, planned launches) — this reduces execution uncertainty versus pure‑play AV stories and supports higher long‑term revenue/market‑share optionality for Uber. Uber, Nuro and Lucid Plan to Launch Robotaxi Service This Year
• Positive Sentiment: Institutional analysts are split but include bullish takes: Bank of America reaffirmed a Buy based on AV partnerships and free‑cash‑flow upside, adding credibility to the growth narrative. Uber: Buy Rating Backed by Autonomous Vehicle Partnerships and Attractive Free Cash Flow Valuation Upside
• Positive Sentiment: Jefferies reiterated a Buy and called the recent pullback a buying opportunity, citing limited near‑term AV competitive impact and attractive valuation after a multi-month slide. Uber Technologies pullback creates buying opportunity, says Jefferies analysts
• Neutral Sentiment: Longer-term opinion pieces and performance outlooks highlight Uber’s strong revenue growth and cash generation but note AV uncertainty — useful for investors assessing multi‑year thesis but unlikely to move the stock intraday. Where Will Uber Technologies Stock Be in 3 Years?
• Neutral Sentiment: Options and trading chatter (put strategies, volatility commentary) are increasing as investors hedge around the AV news and analyst divergence — indicates higher short‑term volatility but no clear directional verdict. This Put Option Pays Off If Uber Stock Fails To Pick Up
• Negative Sentiment: Melius Research cut its rating to Sell/“strong sell” (coverage noted across outlets), a headline that has put downward pressure and contributed to intraday pullbacks. Zacks / Melius Research coverage note Tickerreport coverage
• Negative Sentiment: Berger Montague announced an investigation into Uber’s board over alleged oversight failures on rider safety/background checks — a governance/legal risk that can weigh on sentiment and increase headline risk. INVESTIGATION ALERT: Berger Montague PC Investigates Uber Technologies, Inc.’s Board
• Negative Sentiment: Coverage noting an analyst downgrade and a reported ~2.6% intraday drop after that call underscores that negative research notes can still trigger meaningful short‑term selling. Uber Technologies (NYSE:UBER) Stock Price Down 2.6% After Analyst Downgrade

Analysts Set New Price Targets

Several equities analysts have weighed in on UBER shares. BMO Capital Markets reduced their price objective on Uber Technologies from $113.00 to $106.00 and set an “outperform” rating for the company in a report on Wednesday, November 5th. Stifel Nicolaus set a $122.00 price target on Uber Technologies in a research report on Tuesday, November 4th. Arete Research set a $125.00 price objective on Uber Technologies and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Cantor Fitzgerald boosted their price objective on Uber Technologies from $107.00 to $108.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. Finally, BTIG Research reiterated a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $107.33.

Insiders Place Their Bets

In related news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total transaction of $519,255.00. Following the completion of the sale, the chief financial officer owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tony West sold 3,125 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $80.36, for a total transaction of $251,125.00. Following the completion of the transaction, the insider owned 175,423 shares of the company’s stock, valued at $14,096,992.28. This trade represents a 1.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 14,875 shares of company stock valued at $1,348,818 over the last 90 days. Company insiders own 3.84% of the company’s stock.

Uber Technologies Trading Up 0.8%

Shares of Uber Technologies stock opened at $86.19 on Thursday. The company’s 50-day moving average price is $86.96 and its 200-day moving average price is $91.37. 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 company has a market cap of $179.09 billion, a price-to-earnings ratio of 11.08 and a beta of 1.20.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 EPS for the quarter, beating the consensus estimate of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The company had revenue of $13.47 billion during the quarter, compared to analysts’ expectations of $13.25 billion. During the same quarter in the previous year, the company earned $1.20 earnings per share. Uber Technologies’s revenue for the quarter was up 20.4% on a year-over-year basis. On average, equities analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

About Uber Technologies

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.