Mawer Investment Management Ltd. Purchases 1,747,252 Shares of Uber Technologies, Inc. $UBER

Mawer Investment Management Ltd. lifted its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 231.0% in the 4th quarter, HoldingsChannel reports. The fund owned 2,503,682 shares of the ride-sharing company’s stock after purchasing an additional 1,747,252 shares during the quarter. Uber Technologies comprises 1.1% of Mawer Investment Management Ltd.’s investment portfolio, making the stock its 26th largest position. Mawer Investment Management Ltd.’s holdings in Uber Technologies were worth $204,576,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in UBER. Brighton Jones LLC grew its stake in Uber Technologies by 3.4% during the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after buying an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in Uber Technologies by 65.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after buying an additional 6,129 shares during the last quarter. Bison Wealth LLC grew its stake in Uber Technologies by 20.3% during the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after buying an additional 641 shares during the last quarter. Caxton Associates LLP purchased a new position in Uber Technologies during the 1st quarter worth $304,000. Finally, Schnieders Capital Management LLC. purchased a new position in Uber Technologies during the 2nd quarter worth $842,000. 80.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on UBER shares. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a research note on Tuesday, May 26th. Weiss Ratings upgraded Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday. US Capital Advisors set a $95.00 price target on Uber Technologies in a research note on Monday, May 11th. Royal Bank Of Canada assumed coverage on Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating on the stock. Finally, JPMorgan Chase & Co. boosted 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. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $104.68.

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Uber Technologies Stock Up 5.0%

Uber Technologies stock opened at $73.89 on Tuesday. The company has a market cap of $150.40 billion, a PE ratio of 18.43, a PEG ratio of 5.99 and a beta of 1.12. The business’s 50-day simple moving average is $73.68 and its two-hundred day simple moving average is $78.28. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies, Inc. has a fifty-two week low of $68.46 and a fifty-two week high of $101.99.

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

Insider Activity

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

Uber Technologies Company 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.

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

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