SkyOak Wealth LLC raised its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 223.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,141 shares of the ride-sharing company’s stock after acquiring an additional 7,001 shares during the period. SkyOak Wealth LLC’s holdings in Uber Technologies were worth $829,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of the company. AM Investment Strategies LLC boosted its stake in Uber Technologies by 9.0% in the fourth quarter. AM Investment Strategies LLC now owns 5,687 shares of the ride-sharing company’s stock valued at $465,000 after acquiring an additional 470 shares in the last quarter. Arbejdsmarkedets Tillaegspension acquired a new stake in Uber Technologies in the fourth quarter valued at approximately $21,337,000. Avantax Planning Partners Inc. boosted its stake in Uber Technologies by 13.3% in the fourth quarter. Avantax Planning Partners Inc. now owns 15,404 shares of the ride-sharing company’s stock valued at $1,259,000 after acquiring an additional 1,806 shares in the last quarter. New York Life Investment Management LLC lifted its stake in shares of Uber Technologies by 0.6% during the fourth quarter. New York Life Investment Management LLC now owns 284,599 shares of the ride-sharing company’s stock worth $23,255,000 after buying an additional 1,695 shares during the period. Finally, Cornerstone Wealth Management LLC lifted its stake in shares of Uber Technologies by 12.4% during the fourth quarter. Cornerstone Wealth Management LLC now owns 6,062 shares of the ride-sharing company’s stock worth $495,000 after buying an additional 667 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the acquisition, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the transaction, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.81% of the company’s stock.
Uber Technologies Trading Down 0.0%
Uber Technologies (NYSE:UBER – Get Free Report) last posted its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Research analysts forecast that Uber Technologies, Inc. will post 3.25 earnings per share for the current year.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber said its Uber One subscription program has reached 50 million members, highlighting strong customer loyalty and recurring revenue potential as the company deepens engagement across rides and delivery. Uber just hit an impressive 50M milestone
- Positive Sentiment: Uber is expanding its technology and operations footprint in India with two new campuses and a data-center partnership, signaling ongoing investment in product development and infrastructure that could support future growth. Uber to open 2 campuses in India to support product development, operations
- Positive Sentiment: Analyst sentiment remains constructive, with Fox Advisors upgrading Uber to Outperform and setting a $95 target, while another update nudged fair-value estimates higher as investors reassess Uber’s autonomy partnerships and valuation. Uber Technologies (UBER) – Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio How The Uber Technologies (UBER) Narrative Is Shifting Around Autonomy Deals And Valuation
- Positive Sentiment: Uber continues to get bullish attention from prominent market voices and investors, including commentary from Jim Cramer and a note that billionaire David Tepper views Uber as a top AI stock, which may help sentiment around the shares. Jim Cramer on Uber: “There Aren’t Many as Good” This is why Uber Technologies, Inc. (UBER) is a Top AI Stock, according to Billionaire David Tepper
- Neutral Sentiment: Several articles continue to frame Uber as a potential “everything app” or a beneficiary of robotaxi and autonomy upside, but these are longer-term themes rather than immediate catalysts. Can Uber Make an “Everything” App? Uber: Accelerating Flywheel With Superapp And Robotaxis Upside
- Neutral Sentiment: Uber’s leadership reshuffle, focused on AI and autonomous-vehicle risk management, appears strategic rather than alarming and may simply reflect the company’s shifting priorities. Uber Reshapes Leadership To Tackle AI And Autonomous Vehicle Risks
- Negative Sentiment: Uber’s public sparring with Waymo could underscore competitive pressure in autonomous driving, even if it does not change near-term fundamentals. Uber has been taking direct — and indirect — shots at its partner, Waymo
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, April 28th. The Goldman Sachs Group set a $115.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. JPMorgan Chase & Co. lifted their price objective on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. TD Cowen assumed coverage on shares of Uber Technologies in a research note on Monday. They set a “hold” rating for the company. Finally, BNP Paribas Exane downgraded shares of Uber Technologies to an “underweight” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $105.11.
Get Our Latest Report on Uber Technologies
Uber Technologies 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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