Rep. Greg Landsman Sells Uber Technologies, Inc. (NYSE:UBER) Shares

Representative Greg Landsman (D-Ohio) recently sold shares of Uber Technologies, Inc. (NYSE:UBER). In a filing disclosed on April 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Uber Technologies stock on March 27th. The trade occurred in the Representative’s “SARAH LANDSMAN TRADITIONAL IRA” account.

Representative Greg Landsman also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of CrowdStrike (NASDAQ:CRWD) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of Cadence Design Systems (NASDAQ:CDNS) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Simon Property Group (NYSE:SPG) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of L3Harris Technologies (NYSE:LHX) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Visa (NYSE:V) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Cencora (NYSE:COR) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of Ameriprise Financial (NYSE:AMP) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 3/27/2025.

Uber Technologies Trading Up 11.9 %

Shares of Uber Technologies stock opened at $72.81 on Thursday. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. The company’s 50-day simple moving average is $73.82 and its 200-day simple moving average is $71.55. Uber Technologies, Inc. has a 52-week low of $54.84 and a 52-week high of $87.00. The firm has a market cap of $152.30 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, beating the consensus estimate of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. As a group, equities research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Institutional Investors Weigh In On Uber Technologies

A number of large investors have recently bought and sold shares of UBER. Kovitz Investment Group Partners LLC raised its position in Uber Technologies by 28.4% in the third quarter. Kovitz Investment Group Partners LLC now owns 61,044 shares of the ride-sharing company’s stock worth $4,588,000 after acquiring an additional 13,517 shares during the period. Orion Portfolio Solutions LLC increased its holdings in shares of Uber Technologies by 11.2% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 39,635 shares of the ride-sharing company’s stock worth $2,979,000 after buying an additional 3,981 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in shares of Uber Technologies by 12.7% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 1,688,565 shares of the ride-sharing company’s stock valued at $126,913,000 after purchasing an additional 190,366 shares during the last quarter. Geller Advisors LLC grew its holdings in Uber Technologies by 6.5% in the 3rd quarter. Geller Advisors LLC now owns 4,331 shares of the ride-sharing company’s stock worth $326,000 after acquiring an additional 266 shares during the last quarter. Finally, Raelipskie Partnership lifted its position in shares of Uber Technologies by 15.0% in the 3rd quarter. Raelipskie Partnership now owns 10,704 shares of the ride-sharing company’s stock worth $805,000 after purchasing an additional 1,400 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Uber Technologies

In other news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the company’s stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $75.00, for a total value of $206,250.00. Following the transaction, the chief financial officer now directly owns 22,162 shares in the company, valued at approximately $1,662,150. This represents a 11.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Jill Hazelbaker sold 31,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the sale, the insider now directly owns 86,973 shares of the company’s stock, valued at approximately $7,046,552.46. The trade was a 26.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 77,154 shares of company stock valued at $5,793,869 in the last three months. Company insiders own 3.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Piper Sandler reiterated an “overweight” rating and issued a $87.00 target price (up from $80.00) on shares of Uber Technologies in a report on Tuesday, February 18th. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a research note on Friday, January 31st. Wells Fargo & Company increased their price objective on shares of Uber Technologies from $87.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, April 3rd. Arete Research upgraded shares of Uber Technologies to a “hold” rating in a research report on Tuesday, February 18th. Finally, DA Davidson reduced their target price on shares of Uber Technologies from $84.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Ten equities research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $90.03.

About Representative Landsman

Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio’s 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio’s 1st Congressional District. He declared candidacy for the 2026 election.

Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor’s Office of Faith-Based and Community Initiatives.

About Uber Technologies

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.