Transcendent Capital Group LLC Acquires Shares of 18,976 Uber Technologies, Inc. $UBER

Transcendent Capital Group LLC bought a new position in Uber Technologies, Inc. (NYSE:UBER) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 18,976 shares of the ride-sharing company’s stock, valued at approximately $1,859,000.

Several other hedge funds have also made changes to their positions in the company. Kilter Group LLC purchased a new stake in shares of Uber Technologies in the second quarter valued at $26,000. Westend Capital Management LLC acquired a new stake in Uber Technologies during the 3rd quarter worth about $27,000. Trust Co. of Toledo NA OH purchased a new position in Uber Technologies during the 2nd quarter valued at about $30,000. Total Investment Management Inc. acquired a new position in shares of Uber Technologies in the 2nd quarter valued at about $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Uber Technologies in the third quarter worth approximately $34,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Needham reiterates a Buy on UBER, citing operational leadership, pricing power and an EPS-focused strategy that supports upside expectations. Uber: Operational Leadership, Pricing Power, and EPS Focus Underpin Buy Rating
• Positive Sentiment: Uber relaunched in Macau and is expanding in Asia — a meaningful geographic re-entry that can add incremental mobility and delivery volume in a region it has largely been absent from. Uber relaunches in Macau, expands in Asia after years
• Positive Sentiment: Analysts expect solid near-term demand and continued growth in core mobility ahead of Q4 results, supporting revenue momentum and utilization metrics. Uber Poised For Solid Demand, Mobility Growth Ahead Of Q4 Earnings, Analysts Say
• Positive Sentiment: Coverage highlights Uber’s transition from a cash burner to a cash-flow utility, which improves the near-term financial story and investor perception of durability. Uber: From Cash Burner to Cash-Flow Utility
• Positive Sentiment: Long-term bulls point to Uber’s AI and robotaxi partnerships (e.g., Nvidia relationships) as structural growth drivers beyond ride-hailing. 3 Reasons to Buy Uber Stock Like There’s No Tomorrow
• Neutral Sentiment: Analysts and commentators are reassessing valuation as robotaxi ambitions and regulatory costs will shape long-term earnings — a reminder that upside depends on execution and capital allocation. A Look At Uber Technologies (UBER) Valuation As Robotaxi Plans And Regulatory Costs Shape Earnings Expectations
• Neutral Sentiment: Q4 previews note Uber is printing cash, but investor expectations remain high — suggesting earnings beats may be needed to sustain multiple expansion. Uber Prints Cash But The Market Complains (Q4 Earnings Preview)
• Negative Sentiment: Uber faces a €1.7B (~$2.8B) claim in France over driver status — a sizeable legal exposure that could pressure margins or raise provisions if upheld. Uber Stock Rises despite Facing $2.8B Claim in France in Driver Status Dispute
• Negative Sentiment: BofA flags near-term AV uncertainties that complicate valuation — technological and regulatory timing for robotaxis remain key risk factors. BofA Cites Near-Term AV Uncertainties Affecting Uber Technologies, Inc. (UBER) Valuation

Insider Activity at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider directly owned 176,584 shares in the company, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the business’s 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 transaction, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. This represents a 21.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 14,875 shares of company stock worth $1,319,130. Corporate insiders own 3.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on UBER. Jefferies Financial Group reaffirmed a “buy” rating on shares of Uber Technologies in a research report on Wednesday, January 7th. Citigroup restated a “market perform” rating on shares of Uber Technologies in a report on Wednesday, December 10th. BTIG Research reiterated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a report on Thursday, January 15th. Barclays lowered their target price on Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Uber Technologies in a research note on Wednesday, November 5th. Four analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $107.19.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $80.86 on Tuesday. The stock has a market capitalization of $168.01 billion, a P/E ratio of 10.39 and a beta of 1.20. The business has a 50-day moving average of $83.89 and a two-hundred day moving average of $90.14. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a return on equity of 68.17% and a net margin of 33.54%.The business had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.25 billion. During the same period last year, the business earned $1.20 EPS. The firm’s revenue was up 20.4% compared to the same quarter last year. On average, equities research analysts predict 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.