Uber Technologies, Inc. $UBER Shares Purchased by Norden Group LLC

Norden Group LLC boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 221.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,806 shares of the ride-sharing company’s stock after acquiring an additional 11,583 shares during the quarter. Norden Group LLC’s holdings in Uber Technologies were worth $1,646,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of UBER. Pershing Square Capital Management L.P. acquired a new stake in Uber Technologies during the first quarter valued at $2,207,743,000. Norges Bank purchased a new stake in shares of Uber Technologies during the 2nd quarter worth about $2,348,319,000. Kingstone Capital Partners Texas LLC grew its position in shares of Uber Technologies by 334,075.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 19,973,682 shares of the ride-sharing company’s stock valued at $1,863,545,000 after acquiring an additional 19,967,705 shares during the period. Vanguard Group Inc. increased its stake in shares of Uber Technologies by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock valued at $17,685,157,000 after purchasing an additional 3,025,483 shares in the last quarter. Finally, Nordea Investment Management AB increased its stake in shares of Uber Technologies by 105.9% in the 2nd quarter. Nordea Investment Management AB now owns 5,459,829 shares of the ride-sharing company’s stock valued at $506,618,000 after purchasing an additional 2,807,967 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insider Activity at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the business’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 transaction, the insider owned 175,423 shares of the company’s stock, valued at approximately $14,096,992.28. The trade was a 1.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total value of $519,255.00. Following the completion of the sale, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This trade represents a 21.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 14,875 shares of company stock worth $1,348,818. Insiders own 3.84% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on UBER. Stifel Nicolaus set a $122.00 price objective on Uber Technologies in a report on Tuesday, November 4th. Arete Research set a $125.00 target price on Uber Technologies and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Cantor Fitzgerald lifted their price target on shares of Uber Technologies from $107.00 to $108.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. Truist Financial boosted their price target on shares of Uber Technologies from $96.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, Cowen restated a “buy” rating on shares of Uber Technologies in a research report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $108.43.

Key Uber Technologies News

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

• Positive Sentiment: Analysts and commentators argue Uber’s scale in rideshare and delivery, accelerating user and trip growth, and improving profitability make the stock a buy; these pieces have supported buying interest. 3 Reasons to Buy Uber Stock Like There’s No Tomorrow
• Positive Sentiment: Follow-up coverage emphasizes the same buy case — network effects, rising trips/revenue, and an attractive current valuation relative to earnings power. Should You Invest $1,000 in Uber Right Now?
• Positive Sentiment: Opinion pieces on valuation argue UBER remains “way too cheap” given earnings prospects, reinforcing a growth-at-reasonable-price narrative that can attract value-oriented buyers. Uber: Way Too Cheap
• Positive Sentiment: Market chatter and TV commentary (CNBC Final Trades) noted recent session strength in UBER shares, contributing to intraday buying momentum. Uber, Toast And More On CNBC’s ‘Final Trades’
• Neutral Sentiment: Coverage of the autonomous-vehicle race includes Uber among players making AV bets — a long-horizon catalyst but with execution and capital-intensity risk. 3 Self-Driving Tech Stocks to Ride into 2026 as AV Race Heats Up
• Neutral Sentiment: Comparative pieces and broader market lists mention Uber versus peers; useful context but unlikely to move the stock materially on their own. Contrasting Metalpha Technology (NASDAQ:MATH) and Uber Technologies (NYSE:UBER)
• Negative Sentiment: Berger Montague PC announced an investigation into Uber’s board for potential breaches tied to rider safety and background checks — this raises governance, legal, and reputational risk that could pressure the stock if it leads to litigation or regulatory scrutiny. Berger Montague PC Investigates Uber Technologies, Inc.’s Board of Directors for Breach of Fiduciary Duty (NYSE: UBER)

Uber Technologies Trading Up 0.2%

Shares of UBER opened at $81.14 on Thursday. Uber Technologies, Inc. has a 52-week low of $60.02 and a 52-week high of $101.99. The stock has a market cap of $168.60 billion, a PE ratio of 10.43 and a beta of 1.19. The firm’s fifty day moving average is $89.27 and its two-hundred day moving average is $91.55. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $2.44. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The firm had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.25 billion. During the same period in the previous year, the business posted $1.20 earnings per share. Uber Technologies’s quarterly revenue was up 20.4% on a year-over-year basis. Research analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share 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.