Harbour Investments Inc. Sells 12,120 Shares of Uber Technologies, Inc. $UBER

Harbour Investments Inc. lowered its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 34.4% during the fourth quarter, HoldingsChannel reports. The firm owned 23,131 shares of the ride-sharing company’s stock after selling 12,120 shares during the quarter. Harbour Investments Inc.’s holdings in Uber Technologies were worth $1,890,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Allstate Corp raised its stake in shares of Uber Technologies by 105.5% during the 4th quarter. Allstate Corp now owns 149,764 shares of the ride-sharing company’s stock worth $12,237,000 after purchasing an additional 76,889 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of Uber Technologies by 2.1% during the 4th quarter. Fisher Asset Management LLC now owns 49,292 shares of the ride-sharing company’s stock worth $4,028,000 after acquiring an additional 1,035 shares during the last quarter. Choate Investment Advisors increased its holdings in shares of Uber Technologies by 1,906.6% during the 4th quarter. Choate Investment Advisors now owns 91,079 shares of the ride-sharing company’s stock worth $7,442,000 after acquiring an additional 86,540 shares during the last quarter. CYBER HORNET ETFs LLC increased its holdings in shares of Uber Technologies by 6.2% during the 4th quarter. CYBER HORNET ETFs LLC now owns 6,062 shares of the ride-sharing company’s stock worth $495,000 after acquiring an additional 352 shares during the last quarter. Finally, Westover Capital Advisors LLC increased its holdings in shares of Uber Technologies by 33.1% during the 4th quarter. Westover Capital Advisors LLC now owns 8,275 shares of the ride-sharing company’s stock worth $676,000 after acquiring an additional 2,060 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $70.89 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The stock’s fifty day moving average price is $73.84 and its two-hundred day moving average price is $78.59. Uber Technologies, Inc. has a one year low of $68.46 and a one year high of $101.99. The firm has a market cap of $144.31 billion, a price-to-earnings ratio of 17.68, a P/E/G ratio of 6.01 and a beta of 1.16.

Uber Technologies (NYSE:UBERGet Free Report) last issued 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 firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same period in the prior year, the firm posted $0.83 EPS. The company’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. On average, equities analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current year.

More Uber Technologies News

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

Insider Buying and Selling

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction on 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 transaction, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 3.81% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

UBER has been the topic of a number of recent analyst reports. Wedbush decreased their target price on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Piper Sandler boosted their target price on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Royal Bank Of Canada initiated coverage on Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating on the stock. Mizuho decreased their target price on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Finally, The Goldman Sachs Group set a $115.00 target price on Uber Technologies in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $104.97.

Get Our Latest Report on Uber Technologies

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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