Private Advisor Group LLC Raises Position in Uber Technologies, Inc. $UBER

Private Advisor Group LLC grew its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 6.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 312,112 shares of the ride-sharing company’s stock after buying an additional 18,680 shares during the period. Private Advisor Group LLC’s holdings in Uber Technologies were worth $30,578,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in UBER. Brighton Jones LLC grew its stake in Uber Technologies by 3.4% in the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after buying an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Uber Technologies by 65.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after acquiring an additional 6,129 shares in the last quarter. Bison Wealth LLC lifted its position in shares of Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after acquiring an additional 641 shares in the last quarter. Caxton Associates LLP bought a new position in shares of Uber Technologies in the first quarter worth $304,000. Finally, Schnieders Capital Management LLC. purchased a new position in shares of Uber Technologies in the second quarter valued at $842,000. Institutional investors own 80.24% of the company’s stock.

More Uber Technologies News

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Insider Transactions 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 stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the transaction, the insider owned 176,584 shares of the company’s stock, valued at $14,744,764. This trade represents a 1.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of Uber Technologies stock in a transaction on Tuesday, February 24th. The shares were purchased at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. 3.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Jefferies Financial Group reissued a “buy” rating on shares of Uber Technologies in a report on Wednesday, January 7th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Melius Research set a $73.00 price target on shares of Uber Technologies in a report on Monday, January 5th. BNP Paribas Exane initiated 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. Finally, BTIG Research restated a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and an average price target of $104.53.

View Our Latest Stock Report on Uber Technologies

Uber Technologies Trading Down 1.6%

Shares of UBER opened at $73.91 on Tuesday. The stock has a market capitalization of $152.11 billion, a P/E ratio of 15.69, a PEG ratio of 6.89 and a beta of 1.22. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month high of $101.99. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The firm has a fifty day simple moving average of $78.39 and a two-hundred day simple moving average of $87.10.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The business had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter in the prior year, the business posted $3.21 earnings per share. Uber Technologies’s quarterly revenue 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. On average, research analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Uber Technologies 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.

See Also

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

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