Uhlmann Price Securities LLC Buys 7,652 Shares of Uber Technologies, Inc. $UBER

Uhlmann Price Securities LLC lifted its position in Uber Technologies, Inc. (NYSE:UBERFree Report) by 21.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 42,889 shares of the ride-sharing company’s stock after buying an additional 7,652 shares during the period. Uber Technologies comprises 0.2% of Uhlmann Price Securities LLC’s portfolio, making the stock its 19th largest holding. Uhlmann Price Securities LLC’s holdings in Uber Technologies were worth $3,088,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Norges Bank acquired a new stake in Uber Technologies during the fourth quarter valued at $2,515,094,000. Marshall Wace LLP raised its position in shares of Uber Technologies by 1,462.2% in the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock worth $546,919,000 after acquiring an additional 6,264,946 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Uber Technologies by 129.7% in the fourth 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 acquiring an additional 5,293,822 shares during the period. Employees Provident Fund Board acquired a new position in shares of Uber Technologies in the fourth quarter worth about $265,205,000. Finally, Capital Research Global Investors boosted its stake 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 acquiring an additional 2,903,021 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on UBER shares. JPMorgan Chase & Co. raised their target price on 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 report on Monday, May 11th. Citigroup reissued a “market outperform” rating on shares of Uber Technologies in a report on Tuesday, May 26th. BNP Paribas Exane cut Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Finally, Weiss Ratings downgraded Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $104.97.

View Our Latest Report on UBER

Uber Technologies Price Performance

Uber Technologies stock opened at $71.91 on Friday. The company’s 50 day simple moving average is $73.44 and its 200-day simple moving average is $76.70. The company has a market capitalization of $146.38 billion, a price-to-earnings ratio of 17.93, a price-to-earnings-growth ratio of 6.09 and a beta of 1.12. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year 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.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Uber Technologies News Roundup

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

Uber Technologies 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.

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

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