New York State Teachers Retirement System Sells 37,373 Shares of Uber Technologies, Inc. $UBER

New York State Teachers Retirement System reduced its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 2.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,797,914 shares of the ride-sharing company’s stock after selling 37,373 shares during the quarter. New York State Teachers Retirement System’s holdings in Uber Technologies were worth $146,908,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Spirepoint Private Client LLC increased its position in shares of Uber Technologies by 21.9% during the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock worth $7,331,000 after purchasing an additional 13,454 shares in the last quarter. Econ Financial Services Corp acquired a new stake in shares of Uber Technologies during the 3rd quarter worth about $1,538,000. Transcendent Capital Group LLC acquired a new stake in shares of Uber Technologies during the 3rd quarter worth about $1,859,000. Mawer Investment Management Ltd. acquired a new stake in shares of Uber Technologies during the 3rd quarter worth about $74,107,000. Finally, Rhumbline Advisers increased its position in shares of Uber Technologies by 1.1% during the 3rd quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock worth $365,479,000 after purchasing an additional 42,278 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Insider Activity at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The shares were acquired at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the transaction, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.81% of the stock is owned by insiders.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber added in‑app hotel booking and other travel/AI features (Expedia inventory, vacation rentals planned), expanding revenue mix beyond rides and delivery; this supports the “super app” growth narrative. Uber Expands into Travel with Hotel Bookings
• Positive Sentiment: Hertz launched Oro Mobility as a fleet‑operations layer and named Uber a strategic partner to manage robotaxi and driver‑led fleets — a move that could accelerate Uber’s autonomous rollout while offloading day‑to‑day fleet operations to a specialist. Hertz launches Oro Mobility to manage Uber robotaxi fleet
• Positive Sentiment: Market reaction: Hertz shares jumped sharply on the partnership announcement, signaling investor belief that third‑party fleet partners can unlock robotaxi scale and optionality — a positive signal for Uber’s capital-light autonomous strategy. Is Hertz a meme stock again? Shares soar 20% on Uber partnership.
• Neutral Sentiment: Near‑term earnings focus: Uber reports Q1 results on May 6; management guided bookings and robotaxi investment is in focus — results and commentary could swing the stock. Uber Q1 Earnings on Deck
• Neutral Sentiment: Product roadmap and user engagement: coverage highlights voice booking, AI assistants and shopping features that boost engagement but may take time to monetize. Uber makes big bets on travel, hotels and AI
• Negative Sentiment: Legal and reputation risks persist: recent passenger assault verdicts and ongoing litigation remain tail risks that can pressure costs or regulation. Uber Lawyers Unfazed After Passenger Sexual Assault Verdicts
• Negative Sentiment: Autonomous execution risk and partner dependence: vehicle partners (Lucid, Nuro, Lucid dilution/execution concerns) and tech/capex execution remain material uncertainties that could delay revenue realization. Lucid Stock Hits New All-Time Low

Uber Technologies Trading Up 0.4%

UBER opened at $74.79 on Friday. Uber Technologies, Inc. has a 1-year low of $68.46 and a 1-year high of $101.99. The firm has a 50-day moving average price of $73.91 and a two-hundred day moving average price of $81.34. 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 capitalization of $152.80 billion, a PE ratio of 15.88, a PEG ratio of 6.82 and a beta of 1.21.

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

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Needham & Company LLC restated a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a research report on Tuesday, February 3rd. Weiss Ratings cut shares of Uber Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, March 19th. JPMorgan Chase & Co. lowered their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Citizens Jmp restated a “market outperform” rating and issued a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday. Finally, Truist Financial set a $108.00 price objective on shares of Uber Technologies in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $105.14.

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.