Uber Technologies, Inc. $UBER Shares Bought by Varma Mutual Pension Insurance Co

Varma Mutual Pension Insurance Co lifted its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 13.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 297,892 shares of the ride-sharing company’s stock after acquiring an additional 36,100 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Uber Technologies were worth $29,184,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Foster Group Inc. raised its holdings in Uber Technologies by 3.3% during the third quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock worth $330,000 after purchasing an additional 107 shares during the last quarter. Sage Rhino Capital LLC increased its position in shares of Uber Technologies by 4.2% in the third quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock valued at $268,000 after buying an additional 110 shares in the last quarter. Quent Capital LLC increased its position in shares of Uber Technologies by 3.3% in the third quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock valued at $343,000 after buying an additional 111 shares in the last quarter. Emergent Wealth Advisors LLC raised its stake in shares of Uber Technologies by 0.7% during the 3rd quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after buying an additional 114 shares during the last quarter. Finally, Dumont & Blake Investment Advisors LLC boosted its position in shares of Uber Technologies by 1.3% in the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 8,975 shares of the ride-sharing company’s stock worth $879,000 after buying an additional 115 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Price Performance

UBER stock opened at $71.01 on Thursday. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99. The stock’s fifty day simple moving average is $82.14 and its 200-day simple moving average is $89.33. The company has a quick ratio of 1.15, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $147.54 billion, a price-to-earnings ratio of 15.08, a price-to-earnings-growth ratio of 6.72 and a beta of 1.21.

Uber Technologies (NYSE:UBERGet Free Report) last released its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. During the same quarter in the previous year, the company posted $3.21 earnings per share. The business’s revenue for the quarter was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Buying and Selling at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the sale, the insider directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 9,375 shares of company stock worth $799,875. Corporate insiders own 3.84% of the company’s stock.

Wall Street Analyst Weigh In

UBER has been the subject of several recent research reports. Truist Financial set a $108.00 target price on shares of Uber Technologies in a report on Monday. BNP Paribas Exane began coverage on shares of Uber Technologies in a report on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 price target on the stock. Cantor Fitzgerald lowered their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. JPMorgan Chase & Co. cut their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Finally, Susquehanna reaffirmed a “positive” rating and issued a $110.00 target price on shares of Uber Technologies in a research note on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $104.89.

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About Uber Technologies

(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.

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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