Traynor Capital Management Inc. Purchases 10,076 Shares of Uber Technologies, Inc. $UBER

Traynor Capital Management Inc. grew its stake in Uber Technologies, Inc. (NYSE:UBER) by 5.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 205,386 shares of the ride-sharing company’s stock after purchasing an additional 10,076 shares during the quarter. Uber Technologies comprises approximately 1.1% of Traynor Capital Management Inc.’s holdings, making the stock its 15th largest holding. Traynor Capital Management Inc.’s holdings in Uber Technologies were worth $20,122,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. AustralianSuper Pty Ltd increased its holdings in Uber Technologies by 757.0% in the third quarter. AustralianSuper Pty Ltd now owns 1,444,991 shares of the ride-sharing company’s stock valued at $141,566,000 after purchasing an additional 1,276,386 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Uber Technologies by 11.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 379,452 shares of the ride-sharing company’s stock worth $37,175,000 after buying an additional 38,182 shares during the period. Ballentine Partners LLC increased its stake in shares of Uber Technologies by 5.3% in the 3rd quarter. Ballentine Partners LLC now owns 29,705 shares of the ride-sharing company’s stock valued at $2,910,000 after acquiring an additional 1,496 shares during the last quarter. Retirement Planning Co of New England Inc. bought a new stake in shares of Uber Technologies in the 3rd quarter valued at about $206,000. Finally, Rockline Wealth Management LLC raised its position in shares of Uber Technologies by 39.4% in the 3rd quarter. Rockline Wealth Management LLC now owns 31,991 shares of the ride-sharing company’s stock valued at $3,134,000 after acquiring an additional 9,043 shares during the period. 80.24% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UBER. Citigroup reaffirmed a “market perform” rating on shares of Uber Technologies in a research note on Wednesday, December 10th. TD Cowen restated a “buy” rating on shares of Uber Technologies in a research note on Wednesday, November 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Uber Technologies in a research note on Monday, December 29th. Wedbush dropped their price target on shares of Uber Technologies from $84.00 to $78.00 and set a “neutral” rating on the stock in a research report on Friday, December 19th. Finally, Susquehanna reissued a “positive” rating and issued a $110.00 price objective on shares of Uber Technologies in a research report on Wednesday, November 5th. Four research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $107.50.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber committed up to $500M and is partnering with Waabi as that autonomous-driving startup raises ~$750M–$1B; the deal could accelerate deployment of robotaxis and offers a long-term growth avenue for AV-driven rides/revenue. Uber Plows $500M into Self-Driving Startup Waabi
• Positive Sentiment: Multiple outlets report Waabi’s large fundraising round and Uber’s role; investors may view this as a strategic bet on autonomous mobility that could expand margins and vehicle utilization over time. Waabi raises up to $1 billion and partners with Uber
• Positive Sentiment: Uber launched “AV Labs” to gather driving data for its robotaxi partners — this centralizes valuable data assets, strengthens partnerships, and can speed commercialization of autonomous services. Uber launches AV Labs
• Positive Sentiment: A Dutch court ruled drivers are contractors, not employees — a legal outcome that, if it carries to other jurisdictions, reduces labor-cost/liability risk versus employee classification. Dutch court rules drivers are contractors
• Neutral Sentiment: Analysts and previews flag Q4 results are on deck with mixed expectations: revenue growth forecasts look solid (~19%) but EPS could miss; that uncertainty can amplify short-term volatility around the print. Uber Q4 Earnings on Deck
• Neutral Sentiment: An earnings preview warns Uber lacks the mix for an easy beat this quarter, which could temper expectations even if top-line growth remains healthy. Earnings Preview: Q4 Expected to Decline
• Neutral Sentiment: Institutional filing: a smaller manager (Bensler LLC) increased its Uber position — a routine 13F change that signals steady institutional interest but is not a material catalyst. Bensler LLC 13F position
• Negative Sentiment: Shareholders’ law firm launched an investigation into Uber’s board over alleged oversight failures tied to rider safety and background checks — escalation that could lead to governance headaches, fines, or reputational damage. Berger Montague board investigation
• Negative Sentiment: Ongoing litigation and trials: Uber denied liability in a high-profile sexual-assault trial; continued legal exposure and plaintiff-focused advertising (e.g., law firms expanding Uber-related practices) increase legal/settlement risk and can hurt sentiment. Uber denies liability in sexual-assault trial
• Negative Sentiment: Fund commentary and weekly roundup pieces list Uber as a recent worst performer in some funds, reflecting short-term selling pressure and negative sentiment that can pressure the stock. Uber was the worst performer
• Negative Sentiment: Security/data concerns flagged in commentary connecting ex-Uber personnel and high-profile breaches (SolarWinds) serve as a reminder of operational and data-security risks investors watch closely. Data security lessons

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total transaction of $519,255.00. Following the completion of the transaction, the chief financial officer owned 20,330 shares in the company, valued at approximately $1,919,355.30. This trade represents a 21.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of 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 SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 14,875 shares of company stock valued at $1,319,130. 3.70% of the stock is owned by corporate insiders.

Uber Technologies Trading Down 1.8%

Shares of UBER stock opened at $79.77 on Thursday. 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 quick ratio of 1.15 and a current ratio of 1.15. The stock’s fifty day moving average price is $84.06 and its two-hundred day moving average price is $90.38. The company has a market cap of $165.75 billion, a PE ratio of 10.25 and a beta of 1.20.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $2.44. The firm had revenue of $13.47 billion during the quarter, compared to analysts’ expectations of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The company’s revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.20 EPS. Equities 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.