Tema Etfs LLC Takes $3.69 Million Position in Uber Technologies, Inc. $UBER

12 Jan 2026, 12:05 by Sarita Garza · The Markets Daily

Tema Etfs LLC acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 37,655 shares of the ride-sharing company’s stock, valued at approximately $3,689,000.

A number of other institutional investors have also recently bought and sold shares of UBER. Aspiriant LLC purchased a new position in Uber Technologies during the third quarter worth approximately $754,000. New York State Teachers Retirement System increased its holdings in shares of Uber Technologies by 3.3% during the 3rd quarter. New York State Teachers Retirement System now owns 1,835,287 shares of the ride-sharing company’s stock worth $179,803,000 after buying an additional 59,194 shares during the last quarter. Warwick Investment Management Inc. purchased a new position in shares of Uber Technologies in the 3rd quarter worth $212,000. Associated Banc Corp boosted its holdings in Uber Technologies by 5.3% in the third quarter. Associated Banc Corp now owns 515,232 shares of the ride-sharing company’s stock valued at $50,477,000 after acquiring an additional 25,795 shares during the last quarter. Finally, Forum Financial Management LP grew its position in Uber Technologies by 14.1% during the third quarter. Forum Financial Management LP now owns 14,013 shares of the ride-sharing company’s stock valued at $1,373,000 after acquiring an additional 1,731 shares during the period. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies News Roundup

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

Positive Sentiment: Jefferies and Bank of America reiterated Buy ratings with high price targets (~$119–$120), reinforcing buy-side conviction that Uber’s margin and free-cash-flow story can sustain upside. Jefferies and BofA Remain Bullish on Uber Technologies (UBER)
Positive Sentiment: Wells Fargo raised its price target to $122 and kept an Overweight rating, signaling institutional confidence and providing a near-term technical/psychological boost for the stock. Wells Fargo Raises Price Target
Positive Sentiment: CES robotaxi developments (Lucid’s reveal and Lucid–Nuro partnerships) and commentary that Nvidia’s robotaxi push could help platform players have revived optimism that Uber can act as the distribution/payment/routing layer for autonomous fleets—supporting margin inflection without owning vehicles. Lucid Motors Just Revealed Its New Robotaxi at CES 2026
Positive Sentiment: MarketBeat highlights Uber’s margin-inflection thesis as the key 2026 catalyst—if AV fleets scale, Uber can improve operating leverage and cash flow by being the aggregator rather than the vehicle owner. 3 Tech Stocks Positioned for the Next Leg of the Bull Market
Neutral Sentiment: Uber renewed its global maps deal with TomTom, which improves routing precision and efficiency but is incremental to near-term revenue; it supports execution rather than driving immediate upside. Uber Renews Global Maps Deal With TomTom
Negative Sentiment: Zacks analysis ranks Baidu ahead of Uber in the autonomous-vehicle race, citing Baidu’s rollout, earnings outlook and valuation — a reminder that AV competition could cap upside for Uber’s AV narrative. UBER vs. BIDU: Which Stock Is Better Placed in the Promising AV Space?
Negative Sentiment: Analysts expect Uber’s upcoming Q4 2025 results to show a double‑digit decline in the bottom line, creating short-term earnings risk that could pressure the stock until results and guidance are clear. Uber’s Q4 2025 Earnings: What to Expect
Negative Sentiment: Melius Research flagged Uber with a “strong sell” designation (contradicting other bullish notes), adding downside narrative risk from divergent analyst views. Melius Research Strong Sell Call

Insider Activity

In other news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of Uber Technologies stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total transaction of $519,255.00. Following the sale, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at approximately $1,919,355.30. The trade was a 21.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $80.36, for a total value of $251,125.00. Following the sale, the insider owned 175,423 shares in the company, valued at $14,096,992.28. This represents a 1.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 14,875 shares of company stock valued at $1,348,818 over the last 90 days. Insiders own 3.70% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on UBER. Barclays cut their price objective on Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. Wolfe Research cut their price target on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Wells Fargo & Company lifted their price target on shares of Uber Technologies from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday. Weiss Ratings reissued a “buy (b)” rating on shares of Uber Technologies in a research report on Monday, December 29th. Finally, Citigroup reissued a “market perform” rating on shares of Uber Technologies in a research note on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and an average target price of $107.14.

Read Our Latest Stock Analysis on UBER

Uber Technologies Trading Down 2.4%

UBER opened at $85.46 on Monday. The firm’s 50 day moving average is $86.55 and its 200-day moving average is $91.35. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $177.58 billion, a P/E ratio of 10.98 and a beta of 1.20.

Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, beating 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 business had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.25 billion. During the same period last year, the business earned $1.20 EPS. The business’s revenue was up 20.4% on a year-over-year basis. Analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

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.