RWA Wealth Partners LLC Raises Position in Uber Technologies, Inc. $UBER

RWA Wealth Partners LLC grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 7.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,730 shares of the ride-sharing company’s stock after acquiring an additional 8,427 shares during the period. RWA Wealth Partners LLC’s holdings in Uber Technologies were worth $11,240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of UBER. Norges Bank bought a new stake in Uber Technologies during the second quarter valued at about $2,348,319,000. Pacer Advisors Inc. lifted its position in shares of Uber Technologies by 1,905.3% during the 3rd quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock valued at $426,216,000 after buying an additional 4,133,532 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Uber Technologies by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock valued at $17,685,157,000 after acquiring an additional 3,025,483 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in Uber Technologies by 4,471.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock worth $290,660,000 after acquiring an additional 2,901,936 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its holdings in Uber Technologies by 97.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 5,422,035 shares of the ride-sharing company’s stock worth $531,197,000 after acquiring an additional 2,671,539 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies News Roundup

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

Analyst Upgrades and Downgrades

Several brokerages have weighed in on UBER. The Goldman Sachs Group set a $125.00 price target on shares of Uber Technologies in a report on Wednesday, February 4th. Truist Financial set a $108.00 target price on shares of Uber Technologies in a research note on Monday, February 9th. Citigroup cut their price target on Uber Technologies from $120.00 to $110.00 and set a “buy” rating for the company in a research note on Friday, February 6th. UBS Group set a $111.00 price objective on Uber Technologies in a research note on Monday, February 2nd. Finally, DA Davidson lowered their price target on Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $104.53.

Get Our Latest Research Report on UBER

Uber Technologies Stock Up 0.9%

NYSE UBER opened at $71.34 on Wednesday. The stock has a 50 day moving average price of $79.37 and a 200-day moving average price of $88.22. Uber Technologies, Inc. has a one year low of $60.63 and a one year high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market capitalization of $146.83 billion, a P/E ratio of 15.15, a P/E/G ratio of 6.48 and a beta of 1.21.

Uber Technologies (NYSE:UBERGet Free Report) last released its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. During the same period in the previous year, the company earned $3.21 EPS. Uber Technologies’s revenue for the quarter was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insider Transactions at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the acquisition, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This represents a 1.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.70% of the stock is currently owned by company insiders.

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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