Uber Technologies, Inc. $UBER Shares Purchased by Patriot Financial Group Insurance Agency LLC

29 Jun 2026, 10:01 by Kim Johansen · The Markets Daily

Patriot Financial Group Insurance Agency LLC boosted its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 105.9% during the first quarter, Holdings Channel.com reports. The institutional investor owned 31,452 shares of the ride-sharing company’s stock after acquiring an additional 16,173 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Uber Technologies were worth $2,262,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies in the third quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies in the 4th quarter valued at about $25,000. Osbon Capital Management LLC purchased a new position in Uber Technologies in the 4th quarter valued at about $25,000. Lloyd Advisory Services LLC. purchased a new position in Uber Technologies in the 4th quarter valued at about $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Uber Technologies during the 4th quarter worth about $28,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies News Summary

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

Positive Sentiment: Uber avoided a costly California ballot fight after Gov. Gavin Newsom signed a deal with trial lawyers, reducing a major legal overhang and limiting the chance of a $50 million campaign battle. Uber Scores Last-Minute Win As Gavin Newsom Signs Deal That Ends $50 Million California Ballot Showdown
Positive Sentiment: BTIG reaffirmed its buy rating on Uber and raised its price target to $100, signaling confidence in further upside from current levels. Benzinga report on BTIG rating
Positive Sentiment: Recent coverage highlights Uber’s expanding food-delivery and retail push, including non-food categories that could help broaden transaction volume and support growth beyond rides. UBER Expands Its Food Delivery Business: Is it a Growth Catalyst?
Neutral Sentiment: Analysts say Uber’s robotaxi strategy could take years to pay off, and Waymo remains dominant in U.S. autonomous ride-hailing, which tempers near-term enthusiasm. Uber’s Robotaxi Vision Could Take Years To Play Out: Analyst
Neutral Sentiment: Uber enacted stricter driver background checks after reporting by The New York Times, a move that may improve safety optics but also underscores ongoing scrutiny around platform trust and compliance. Uber Enacts Stricter Background Checks for Drivers
Neutral Sentiment: OpenAI hiring Uber’s India chief is a talent-related headline, but it does not appear to have a direct near-term impact on Uber’s business or stock. OpenAI poaches Uber India chief
Negative Sentiment: Some coverage is still focused on the long timeline and uncertainty around Uber’s autonomous-vehicle ambitions, which can weigh on sentiment even when core ride and delivery businesses are performing well. Uber’s robotaxi vision could take years to play out: Analyst

Uber Technologies Stock Down 0.1%

Shares of NYSE:UBER opened at $76.09 on Monday. The stock has a 50-day simple moving average of $73.40 and a 200-day simple moving average of $76.00. The stock has a market capitalization of $154.90 billion, a P/E ratio of 18.98, a PEG ratio of 6.48 and a beta of 1.12. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year high of $101.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on UBER. Needham & Company LLC reiterated a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a report on Thursday, May 7th. Guggenheim restated a “buy” rating on shares of Uber Technologies in a research report on Tuesday, June 9th. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Tigress Financial lifted their target price on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Finally, JPMorgan Chase & Co. boosted their price target on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $104.97.

Read Our Latest Stock Report on UBER

Uber Technologies Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER – Free Report).