Private Wealth Asset Management LLC Purchases 12,699 Shares of Uber Technologies, Inc. $UBER

Private Wealth Asset Management LLC increased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 427.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,671 shares of the ride-sharing company’s stock after acquiring an additional 12,699 shares during the period. Private Wealth Asset Management LLC’s holdings in Uber Technologies were worth $1,280,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rhumbline Advisers increased its holdings in shares of Uber Technologies by 1.1% in the 3rd quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock worth $365,479,000 after buying an additional 42,278 shares during the last quarter. Longbow Finance SA increased its holdings in shares of Uber Technologies by 51.8% in the 3rd quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock worth $11,001,000 after buying an additional 38,304 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after buying an additional 1,670,761 shares during the last quarter. Mach 1 Financial Group LLC bought a new position in shares of Uber Technologies in the 4th quarter worth $1,220,000. Finally, Varma Mutual Pension Insurance Co increased its holdings in shares of Uber Technologies by 13.8% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 297,892 shares of the ride-sharing company’s stock worth $29,184,000 after buying an additional 36,100 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on UBER. Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. Needham & Company LLC reissued a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a report on Thursday, May 7th. Roth Mkm set a $105.00 price target on shares of Uber Technologies in a report on Thursday, February 5th. Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a report on Monday, May 11th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $104.68.

Uber Technologies Price Performance

UBER stock opened at $71.82 on Thursday. 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, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The firm’s fifty day moving average is $73.57 and its 200 day moving average is $77.99. The firm has a market cap of $146.20 billion, a P/E ratio of 17.91, a P/E/G ratio of 6.09 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last released its earnings results 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 net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the firm earned $0.83 EPS. The firm’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. Research analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber is expanding its robotaxi ambitions in Europe, announcing Spain’s first commercial pilot in Madrid with WeRide and AVOMO, which could help accelerate autonomous ride availability through the Uber app. WeRide, Uber and AVOMO Bring Robotaxis to Madrid
• Positive Sentiment: Uber said it will deploy 500 data-collection vehicles this year to gather real-world driving data for partners such as Waymo, Avride, and WeRide, reinforcing its autonomous-vehicle strategy. Uber to put 500 data-collection vehicles on the road this year
• Positive Sentiment: Analyst commentary remained constructive, with DA Davidson reiterating a Buy rating and $107 price target following reports tied to Uber’s acquisition interest in Delivery Hero. DA Davidson Reaffirms Buy Rating on Uber Technologies (UBER) Following Delivery Hero Acquisition Interest
• Neutral Sentiment: Uber also capped employee spending on AI coding tools and laid off 23% of its People division, actions that may improve costs but also signal management is tightening budgets and restructuring operations. Uber slashes people division by nearly a quarter. CEO says ‘changes are necessary’

Insiders Place Their Bets

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 completion of the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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.