COFG Advisors LLC Makes New $963,000 Investment in Uber Technologies, Inc. $UBER

COFG Advisors LLC acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 11,786 shares of the ride-sharing company’s stock, valued at approximately $963,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UBER. Norges Bank acquired a new position in Uber Technologies during the fourth quarter worth $2,515,094,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Uber Technologies by 129.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock valued at $776,883,000 after purchasing an additional 5,293,822 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Uber Technologies by 65.2% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company’s stock valued at $400,596,000 after purchasing an additional 1,935,832 shares during the last quarter. C WorldWide Group Holding A S acquired a new position in shares of Uber Technologies in the 3rd quarter valued at $173,776,000. Finally, Vanguard Group Inc. lifted its stake in shares of Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Transactions at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.81% of the stock is owned by corporate insiders.

Uber Technologies News Summary

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

• Positive Sentiment: Uber announced a new Munich robotaxi program with Autobrains and NVIDIA, a potentially important step toward scaling autonomous ride-hailing in Europe. The project uses NVIDIA DRIVE Hyperion for Level 4-ready autonomy, which investors may view as a meaningful expansion of Uber’s self-driving strategy. Autobrains and Uber to Launch Agentic AI Robotaxi Program in Munich built on NVIDIA DRIVE Hyperion
• Positive Sentiment: Uber also increased its ownership in Careem Technologies through a $100 million deal with UAE telecom company e&, strengthening control over a key regional asset and suggesting continued confidence in its Middle East operations. Careem stake sold to Uber for $100m in cash deal
• Positive Sentiment: Coverage highlighting Uber as a favored stock in Jeff Bezos-related portfolios and other bullish stock screens may be adding to investor sentiment, reinforcing the view that large-cap backers still see upside in the company. Uber Technologies (UBER): One of the Elite Jeff Bezos Stocks to Buy
• Neutral Sentiment: Reports that Prosus may increase its stake in Delivery Hero could complicate Uber’s takeover ambitions in that market, but this is more of a strategic overhang than an immediate financial hit. Prosus considering raising Delivery Hero stake in bid to thwart Uber takeover, FT reports
• Negative Sentiment: A separate valuation-focused article noted Uber’s recent pullback over the past month and quarter, reminding investors that the stock has still been under pressure despite the latest positive news flow. A Look At Uber Technologies (UBER) Valuation After Recent Pullback And Türkiye Expansion Moves

Uber Technologies Price Performance

Shares of NYSE UBER opened at $73.89 on Tuesday. The stock’s 50-day moving average is $73.68 and its two-hundred day moving average is $78.28. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a 1-year low of $68.46 and a 1-year high of $101.99. The company has a market cap of $150.40 billion, a price-to-earnings ratio of 18.43, a price-to-earnings-growth ratio of 5.99 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the prior year, the business posted $0.83 EPS. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on UBER shares. JPMorgan Chase & Co. upped their price target on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. HSBC lowered Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. Wells Fargo & Company upped their price target on Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Truist Financial upped their price target on Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $104.68.

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.