Investment House LLC Reduces Holdings in Uber Technologies, Inc. $UBER

Investment House LLC reduced its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 20.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 163,785 shares of the ride-sharing company’s stock after selling 41,436 shares during the period. Investment House LLC’s holdings in Uber Technologies were worth $13,383,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in UBER. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in 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 valued at $776,883,000 after purchasing an additional 5,293,822 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Uber Technologies by 65.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company’s stock valued at $400,596,000 after purchasing an additional 1,935,832 shares during the period. C WorldWide Group Holding A S purchased a new stake in Uber Technologies in the third quarter valued at approximately $173,776,000. Vanguard Group Inc. grew its holdings in Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares during the period. Finally, Danske Bank A S purchased a new stake in Uber Technologies in the third quarter valued at approximately $151,979,000. 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:

• 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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Weiss Ratings cut shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 13th. BTIG Research reaffirmed a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, March 17th. TD Cowen assumed coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating on the stock. Finally, Citigroup reaffirmed a “buy” rating on shares of Uber Technologies in a research report on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $105.11.

Uber Technologies Stock Performance

Shares of UBER stock opened at $74.02 on Wednesday. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $150.67 billion, a P/E ratio of 18.46, a P/E/G ratio of 6.38 and a beta of 1.16. The company’s fifty day moving average price is $74.16 and its two-hundred day moving average price is $79.73.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The firm 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 firm’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the 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 approximately $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were acquired at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the acquisition, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 3.81% of the company’s stock.

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.