SG Trading Solutions LLC Takes $794,000 Position in Uber Technologies, Inc. $UBER

SG Trading Solutions LLC purchased a new stake in Uber Technologies, Inc. (NYSE:UBERFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 9,716 shares of the ride-sharing company’s stock, valued at approximately $794,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Uber Technologies during the 4th quarter valued at about $2,515,094,000. Marshall Wace LLP boosted its stake in shares of Uber Technologies by 1,462.2% in the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after purchasing an additional 6,264,946 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Uber Technologies by 129.7% during 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 buying an additional 5,293,822 shares during the period. Capital Research Global Investors grew its position in shares of Uber Technologies by 2.6% during 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 buying an additional 2,903,021 shares during the period. Finally, Egerton Capital UK LLP bought a new stake in shares of Uber Technologies during the fourth quarter worth approximately $219,079,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Uber Technologies

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

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on UBER shares. Royal Bank Of Canada began coverage on shares of Uber Technologies in a report on Monday, May 11th. They issued an “outperform” rating on the stock. Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. JPMorgan Chase & Co. upped their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. HSBC downgraded Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Finally, The Goldman Sachs Group set a $115.00 price target on Uber Technologies in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and an average target price of $104.97.

Get Our Latest Stock Report on Uber Technologies

Uber Technologies Stock Up 1.4%

Shares of NYSE UBER opened at $71.91 on Friday. Uber Technologies, Inc. has a 52-week low of $67.19 and a 52-week high of $101.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $146.38 billion, a P/E ratio of 17.93, a P/E/G ratio of 6.03 and a beta of 1.12. The firm has a 50 day moving average price of $73.45 and a 200 day moving average price of $76.73.

Uber Technologies (NYSE:UBERGet Free Report) last posted 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 net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same period last year, the business posted $0.83 earnings per share. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current year.

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.

Featured Stories

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

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