Northwestern Mutual Wealth Management Co. Cuts Stake in Uber Technologies, Inc. $UBER

Northwestern Mutual Wealth Management Co. lowered its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 97.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,460 shares of the ride-sharing company’s stock after selling 974,259 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Uber Technologies were worth $1,672,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Transcendent Capital Group LLC purchased a new stake in shares of Uber Technologies in the 3rd quarter valued at approximately $1,859,000. Mawer Investment Management Ltd. acquired a new stake in Uber Technologies during the 3rd quarter worth approximately $74,107,000. Rhumbline Advisers increased its position in shares of Uber Technologies by 1.1% in the 3rd quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock valued at $365,479,000 after purchasing an additional 42,278 shares during the last quarter. Longbow Finance SA increased its position in shares of Uber Technologies by 51.8% in the 3rd quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock valued at $11,001,000 after purchasing an additional 38,304 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Citizens Jmp restated a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, April 28th. Cantor Fitzgerald reduced their price objective on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. DA Davidson restated a “buy” rating and set a $107.00 target price on shares of Uber Technologies in a research report on Tuesday. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a report on Monday, May 11th. Finally, Weiss Ratings downgraded shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber increased its stake in Delivery Hero to 36.83% and boosted its voting rights to 24.99%, reinforcing takeover expectations and signaling an aggressive push into global food delivery. Uber Grabs Bigger Delivery Hero Stake to Edge Closer to Takeover
• Positive Sentiment: Uber was mentioned in reports about a strategic partnership with Mews that embeds Uber ride-booking and billing into hotel software, which could expand distribution and create new enterprise demand. Hotel Platform Mews Embeds Uber to Transport Guests and Staff
• Positive Sentiment: Uber also saw unusually heavy call buying, which can reflect traders positioning for further upside after the recent takeover news.
• Neutral Sentiment: Jim Cramer named Uber among stocks he would buy, adding a small sentiment boost but no direct business catalyst. Cramer On DoorDash: ‘They Just Want Semis’ — Uber, Reddit, Zscaler Caught In The Same Rotation
• Neutral Sentiment: Uber and JSW announced a collaboration to speed EV adoption in India, which supports the company’s mobility strategy but is not a major near-term earnings driver. JSW and Uber partner to accelerate EV adoption in India
• Negative Sentiment: Uber is facing renewed scrutiny over its AI spending, with executives questioning whether rapid costs are producing enough customer value, which raises margin concerns. Uber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it’s worth it
• Negative Sentiment: Consumer complaints about Uber One membership charges and a report questioning Uber’s insurance disclosures add reputational and regulatory overhang. Upset Uber customers charged for monthly memberships they say they never signed up for

Insider Activity at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.81% of the company’s stock.

Uber Technologies Trading Up 0.9%

UBER opened at $70.79 on Thursday. The stock has a market capitalization of $144.09 billion, a PE ratio of 17.65, a P/E/G ratio of 5.96 and a beta of 1.16. The firm’s fifty day moving average price is $73.98 and its 200 day moving average price is $78.74. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the previous year, the firm earned $0.83 earnings per share. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, research analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Uber Technologies 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.