UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,078,612 shares of the ride-sharing company’s stock after acquiring an additional 258,448 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Uber Technologies were worth $1,068,653,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies in the 3rd quarter worth about $25,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies in the 3rd quarter worth about $32,000. Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies in the 4th quarter worth about $27,000. Ares Financial Consulting LLC bought a new position in shares of Uber Technologies in the 4th quarter worth about $28,000. Finally, Gould Capital LLC lifted its position in shares of Uber Technologies by 245.0% in the 4th quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock worth $28,000 after buying an additional 245 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.
Uber Technologies Stock Down 1.3%
UBER stock opened at $68.67 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 market capitalization of $139.79 billion, a price-to-earnings ratio of 17.13, a price-to-earnings-growth ratio of 5.91 and a beta of 1.12. The firm’s 50-day moving average is $73.41 and its two-hundred day moving average is $77.16. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41.
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$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?
Insider Activity at Uber Technologies
In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were 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 in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.81% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
UBER has been the topic of a number of recent research reports. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research report on Monday, June 1st. Piper Sandler raised their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a research report on Tuesday, May 26th. DA Davidson restated a “buy” rating and issued a $107.00 price target on shares of Uber Technologies in a research report on Tuesday, May 26th. Finally, Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.
Read Our Latest Research Report on UBER
About Uber Technologies
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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