Rhumbline Advisers Boosts Stock Holdings in Uber Technologies, Inc. $UBER

Rhumbline Advisers raised its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 1.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,730,516 shares of the ride-sharing company’s stock after purchasing an additional 42,278 shares during the period. Rhumbline Advisers’ holdings in Uber Technologies were worth $365,479,000 as of its most recent filing with the Securities and Exchange Commission.

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

Uber Technologies Stock Performance

Uber Technologies stock opened at $73.47 on Wednesday. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.15 and a current ratio of 1.14. The stock has a market cap of $152.66 billion, a P/E ratio of 15.60, a price-to-earnings-growth ratio of 6.75 and a beta of 1.21. The firm’s fifty day moving average price is $82.53 and its 200-day moving average price is $89.46.

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

Insider Buying and Selling at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares in the company, valued at $14,744,764. The trade was a 1.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 9,375 shares of company stock worth $799,875. Company insiders own 3.70% of the company’s stock.

More Uber Technologies News

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on UBER shares. Erste Group Bank downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 5th. Wedbush lowered their target price on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. Jefferies Financial Group reissued a “buy” rating on shares of Uber Technologies in a report on Wednesday, January 7th. Cantor Fitzgerald reduced their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Finally, Susquehanna reiterated a “positive” rating and issued a $110.00 price objective on shares of Uber Technologies in a research report on Wednesday, November 5th. One research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $104.89.

Read Our Latest Report on UBER

About Uber Technologies

(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

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

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