AlTi Global Inc. Has $39.40 Million Stock Position in Uber Technologies, Inc. $UBER

AlTi Global Inc. lessened its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 21.6% during the third quarter, Holdings Channel.com reports. The firm owned 402,166 shares of the ride-sharing company’s stock after selling 111,043 shares during the period. Uber Technologies accounts for about 0.9% of AlTi Global Inc.’s portfolio, making the stock its 21st biggest position. AlTi Global Inc.’s holdings in Uber Technologies were worth $39,400,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in UBER. Brant Point Investment Management LLC purchased a new position in shares of Uber Technologies in the second quarter worth about $933,000. Spirepoint Private Client LLC boosted its holdings in Uber Technologies by 21.9% in the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock worth $7,331,000 after buying an additional 13,454 shares during the period. Econ Financial Services Corp bought a new position in Uber Technologies in the 3rd quarter worth approximately $1,538,000. Transcendent Capital Group LLC purchased a new position in Uber Technologies in the 3rd quarter valued at approximately $1,859,000. Finally, Munro Partners bought a new stake in Uber Technologies during the 2nd quarter valued at $96,294,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Price Performance

Shares of NYSE UBER opened at $73.93 on Tuesday. The stock’s 50-day simple moving average is $82.82 and its two-hundred day simple moving average is $89.58. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month high of $101.99. The firm has a market capitalization of $153.61 billion, a P/E ratio of 15.70, a P/E/G ratio of 6.32 and a beta of 1.21. The company has a quick ratio of 1.15, a current ratio of 1.14 and a debt-to-equity ratio of 0.38.

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

More Uber Technologies News

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

Insider Activity at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the business’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 completion of the transaction, the insider owned 176,584 shares of the company’s stock, valued at $14,744,764. The trade was 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 Prashanth Mahendra-Rajah sold 5,500 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total transaction of $519,255.00. Following the completion of the transaction, the chief financial officer directly owned 20,330 shares in the company, valued at $1,919,355.30. The trade was a 21.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 14,875 shares of company stock valued at $1,319,130. 3.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on UBER shares. The Goldman Sachs Group set a $125.00 price target on Uber Technologies in a report on Wednesday, February 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of Uber Technologies in a research note on Monday, December 29th. Jefferies Financial Group restated a “buy” rating on shares of Uber Technologies in a research note on Wednesday, January 7th. Stifel Nicolaus reduced their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. Finally, Wolfe Research decreased their price target on Uber Technologies from $125.00 to $110.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.89.

Check Out Our Latest Stock Report on Uber Technologies

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.

Further Reading

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

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