Odyssey Capital Advisors Inc. acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,261 shares of the ride-sharing company’s stock, valued at approximately $593,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies during the third quarter valued at approximately $25,000. Imprint Wealth LLC acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at $32,000. Ares Financial Consulting LLC acquired a new stake in shares of Uber Technologies in the 4th quarter valued at $28,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at $34,000. Finally, Archer Investment Corp lifted its stake in shares of Uber Technologies by 33.2% in the 3rd quarter. Archer Investment Corp now owns 473 shares of the ride-sharing company’s stock valued at $46,000 after purchasing an additional 118 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.
Insider Buying and Selling
In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of Uber Technologies stock in a transaction dated Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the transaction, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is currently owned by corporate insiders.
Uber Technologies News Roundup
- Positive Sentiment: Uber’s Uber One subscription program reached 50 million members, highlighting stronger customer loyalty and a potentially more durable recurring revenue stream. Uber just hit an impressive 50M milestone
- Positive Sentiment: Fox Advisors upgraded Uber to Outperform and set a $95 price target, reflecting confidence in the company’s investment strategy and future earnings power. Uber Technologies (UBER) – Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio
- Positive Sentiment: Uber announced plans to open two campuses in India and expand infrastructure support there, which could strengthen product development and operating efficiency over time. Uber to open 2 campuses in India to support product development, operations
- Neutral Sentiment: Several articles continue to frame Uber as a long-term “super app” or autonomy winner, but these are mostly strategic narratives rather than immediate catalysts. Can Uber Make an “Everything” App?
- Negative Sentiment: SoftBank’s Q1 portfolio update showed a complete exit from Uber, which may weigh on sentiment because it removes a notable institutional backer. SoftBank (SFTBY) Dumps Uber and Lemonade, Slashes T-Mobile Holdings in Q1 Portfolio Overhaul
- Negative Sentiment: Reports about tension in the Uber-Waymo partnership and criticism of autonomous-vehicle rollout could raise concerns about the pace and competitiveness of Uber’s self-driving strategy. Uber-Waymo Partnership On The Rocks? Exec Shares ‘Scary’ SF Robotaxi Moment, Slam AV Rollout
Analyst Ratings Changes
Several equities research analysts recently issued reports on UBER shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. TD Cowen started coverage on shares of Uber Technologies in a research note on Monday, May 11th. They issued a “hold” rating on the stock. HSBC cut shares of Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Truist Financial upped their price objective on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $105.11.
Read Our Latest Analysis on Uber Technologies
Uber Technologies Price Performance
Shares of Uber Technologies stock opened at $75.23 on Monday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $153.14 billion, a price-to-earnings ratio of 18.76, a P/E/G ratio of 6.38 and a beta of 1.16. Uber Technologies, Inc. has a 1-year low of $68.46 and a 1-year high of $101.99. The firm’s 50-day moving average price is $74.19 and its two-hundred day moving average price is $80.02.
Uber Technologies (NYSE:UBER – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. During the same period in the prior year, the firm earned $0.83 earnings per share. The company’s quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.
Uber Technologies Company Profile
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 Stories
- Five stocks we like better than Uber Technologies
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
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).
Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
