Kidder Stephen W Boosts Stock Position in Uber Technologies, Inc. $UBER

Kidder Stephen W lifted its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 52.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,665 shares of the ride-sharing company’s stock after buying an additional 11,295 shares during the period. Uber Technologies comprises 0.9% of Kidder Stephen W’s investment portfolio, making the stock its 27th largest position. Kidder Stephen W’s holdings in Uber Technologies were worth $3,200,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Uber Technologies by 0.7% during the third quarter. Vanguard Group Inc. now owns 190,828,841 shares of the ride-sharing company’s stock worth $18,695,502,000 after acquiring an additional 1,277,322 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Uber Technologies by 2.6% in the 2nd quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company’s stock valued at $4,258,756,000 after purchasing an additional 1,168,288 shares in the last quarter. Norges Bank bought a new position in shares of Uber Technologies during the 2nd quarter valued at $2,348,319,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Uber Technologies by 1.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 13,810,255 shares of the ride-sharing company’s stock valued at $1,288,497,000 after purchasing an additional 142,933 shares during the last quarter. Finally, Legal & General Group Plc raised its position in Uber Technologies by 5.2% in the 2nd quarter. Legal & General Group Plc now owns 12,518,594 shares of the ride-sharing company’s stock worth $1,167,985,000 after purchasing an additional 615,692 shares during the period. Institutional investors own 80.24% of the company’s stock.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the company’s stock in a transaction 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 directly owned 176,584 shares in the company, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 3.84% of the company’s stock.

Uber Technologies Trading Up 1.1%

UBER opened at $73.76 on Friday. The business has a 50 day simple moving average of $79.79 and a two-hundred day simple moving average of $88.51. The firm has a market capitalization of $151.80 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 6.67 and a beta of 1.21. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15. Uber Technologies, Inc. has a one year low of $60.63 and a one year high of $101.99.

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

Analyst Ratings Changes

Several research firms have issued reports on UBER. Erste Group Bank lowered shares of Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. BNP Paribas Exane initiated coverage on Uber Technologies in a research note on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 target price for the company. Royal Bank Of Canada restated an “outperform” rating and set a $105.00 target price on shares of Uber Technologies in a report on Thursday, February 5th. Jefferies Financial Group restated a “buy” rating on shares of Uber Technologies in a research report on Wednesday, January 7th. Finally, Cantor Fitzgerald lowered their price objective on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $104.61.

Get Our Latest Research 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.

See Also

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:UBERFree Report).

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

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.