Uber Technologies, Inc. $UBER Shares Sold by Jag Capital Management LLC

Jag Capital Management LLC reduced its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 41.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 157,478 shares of the ride-sharing company’s stock after selling 113,012 shares during the period. Uber Technologies accounts for about 1.4% of Jag Capital Management LLC’s holdings, making the stock its 28th biggest position. Jag Capital Management LLC’s holdings in Uber Technologies were worth $12,868,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of the stock. Sage Rhino Capital LLC raised its position in shares of Uber Technologies by 4.2% during the 3rd quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock worth $268,000 after purchasing an additional 110 shares during the last quarter. Advisors Capital Management LLC raised its position in shares of Uber Technologies by 1.8% during the 3rd quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after purchasing an additional 111 shares during the last quarter. Emergent Wealth Advisors LLC raised its position in shares of Uber Technologies by 0.7% during the 3rd quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after purchasing an additional 114 shares during the last quarter. Stelac Advisory Services LLC raised its position in shares of Uber Technologies by 10.4% during the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock worth $121,000 after purchasing an additional 117 shares during the last quarter. Finally, Archer Investment Corp raised its position in shares of Uber Technologies by 33.2% during the 3rd quarter. Archer Investment Corp now owns 473 shares of the ride-sharing company’s stock worth $46,000 after purchasing an additional 118 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Stock Down 1.4%

Shares of NYSE UBER opened at $74.02 on Wednesday. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The firm has a fifty day moving average of $74.16 and a 200-day moving average of $79.73. The stock has a market capitalization of $150.67 billion, a PE ratio of 18.46, a P/E/G ratio of 6.38 and a beta of 1.16. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $13.28 billion. During the same period in the previous year, the company earned $0.83 EPS. The business’s quarterly revenue 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. On average, analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Analyst Upgrades and Downgrades

UBER has been the subject of several research reports. BNP Paribas Exane downgraded Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Truist Financial lifted their price objective on Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Canaccord Genuity Group set a $72.00 price objective on Uber Technologies in a research report on Thursday, February 5th. Morgan Stanley cut their price objective on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Finally, Wedbush cut their price objective on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and an average target price of $105.11.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Uber deepened its investment in Germany’s Delivery Hero to 19.5%, becoming the largest shareholder and gaining a blocking minority. Investors may view the move as a bullish sign for Uber’s global food-delivery ambitions and long-term ecosystem expansion. Uber Deepens Delivery Hero Stake As Food Delivery Shapes Valuation
• Positive Sentiment: Reports also say Uber is exploring international growth opportunities, including a reported consortium bid with Naver for South Korea’s Baemin, reinforcing expectations that the company is using capital to expand beyond ride-hailing and strengthen its delivery business. Uber, Naver team up on Baemin takeover -Seoul Economic Daily
• Neutral Sentiment: Analysts have also been highlighting Uber’s recent Q1 beat and strong Q2 gross bookings outlook, which supports the longer-term investment case, though this is more of a background tailwind than a new catalyst today. UBER vs. LYFT: Which Stock Is Better Positioned Post Q1 Results?
• Neutral Sentiment: Uber is also facing renewed legal attention in California, where a RICO case is being pushed forward with reference to a recent Pennsylvania ruling. That headline adds uncertainty, but it is not yet a clear financial hit. Uber Revs Up Calif. RICO Case, Citing Recent Ruling in Pennsylvania

Insider Buying and Selling at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The stock was bought at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the purchase, the chief financial officer directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s 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 sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.81% of the stock is owned by insiders.

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.