Uber Technologies, Inc. $UBER Shares Sold by Suncoast Equity Management

Suncoast Equity Management reduced its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 4.2% in the 4th quarter, HoldingsChannel reports. The fund owned 169,499 shares of the ride-sharing company’s stock after selling 7,360 shares during the quarter. Uber Technologies accounts for approximately 1.4% of Suncoast Equity Management’s investment portfolio, making the stock its 22nd biggest holding. Suncoast Equity Management’s holdings in Uber Technologies were worth $13,850,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in UBER. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at about $25,000. Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies during the 4th quarter worth approximately $27,000. Ares Financial Consulting LLC purchased a new position in shares of Uber Technologies during the 4th quarter worth approximately $28,000. Imprint Wealth LLC purchased a new position in shares of Uber Technologies during the 3rd quarter worth approximately $32,000. Finally, Blueline Advisors LLC purchased a new position in shares of Uber Technologies during the 4th quarter worth approximately $37,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Trading Down 0.1%

NYSE:UBER opened at $70.30 on Monday. The business’s 50-day moving average is $73.71 and its two-hundred day moving average is $78.42. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99. The firm has a market capitalization of $143.10 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 5.99 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating 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 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 company posted $0.83 earnings per share. The firm’s 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. Research analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on UBER shares. Guggenheim reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Uber Technologies in a research note on Monday, April 27th. Piper Sandler raised their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Royal Bank Of Canada initiated coverage on Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating on the stock. BNP Paribas Exane cut Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $104.68.

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction dated Monday, March 16th. The stock was 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 approximately $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.81% of the company’s stock.

Uber Technologies News Summary

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

• Positive Sentiment: Uber unveiled a $49 shuttle service for FIFA World Cup matches across major U.S. venues, a move that could boost rides demand and strengthen Uber’s event-driven transportation business. Uber Plans $49 Shuttle for New York-New Jersey World Cup Matches
• Positive Sentiment: Uber is partnering with hotel platform Mews to integrate into 15,000 hotels worldwide, expanding its reach with travelers and potentially creating more booking-driven ride volume. Uber wants to answer the hotel industry’s most asked question. Now it’s integrating into 15,000 hotels globally
• Neutral Sentiment: SRx Health Solutions disclosed a new investment in Uber as part of its portfolio update, which adds another data point of outside investor interest but is not a direct operating catalyst. SRx Health Solutions Invests in Uber Technologies, Inc. and Provides Shareholders with Portfolio Update
• Negative Sentiment: Uber reportedly raised its stake in Delivery Hero to about 36.83% and is said to be exploring a takeover, which may increase strategic optionality but also raises concerns about cash use, integration risk, and capital allocation. Uber raises Delivery Hero stake, increasing takeover odds
• Negative Sentiment: Reports that Uber exhausted its full-year 2026 AI budget early underscore rising cost pressure in technology spending, which could weigh on margins if AI investment continues to escalate. Token Shock Hits Silicon Valley’s Biggest Spenders

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.