Royal London Asset Management Ltd. lowered its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 0.8% in the fourth quarter, Holdings Channel reports. The firm owned 1,001,161 shares of the ride-sharing company’s stock after selling 8,077 shares during the period. Royal London Asset Management Ltd.’s holdings in Uber Technologies were worth $81,805,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of UBER. Norges Bank purchased a new position in Uber Technologies in the 4th quarter worth approximately $2,515,094,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Uber Technologies by 129.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after acquiring an additional 5,293,822 shares during the period. Capital Research Global Investors boosted its holdings in Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after acquiring an additional 2,903,021 shares during the period. Egerton Capital UK LLP purchased a new position in Uber Technologies in the 4th quarter worth approximately $219,079,000. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Uber Technologies by 65.2% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company’s stock worth $400,596,000 after acquiring an additional 1,935,832 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Insiders Place Their Bets
In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the 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 sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.81% of the stock is owned by corporate insiders.
Uber Technologies Stock Performance
Uber Technologies (NYSE:UBER – Get Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate 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 last year, the company earned $0.83 earnings per share. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities research analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current year.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
- Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
- Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
- Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
- Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the company. HSBC cut Uber Technologies to a “reduce” rating in a report on Monday, May 11th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. Wolfe Research set a $100.00 target price on Uber Technologies in a research note on Friday, May 29th. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, April 28th. Finally, TD Cowen began coverage on Uber Technologies in a research note on Monday, May 11th. They set a “hold” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $104.97.
View Our Latest Report on UBER
Uber Technologies Company Profile
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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