Great Lakes Advisors LLC Sells 39,392 Shares of Uber Technologies, Inc. $UBER

Great Lakes Advisors LLC lessened its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 17.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 192,334 shares of the ride-sharing company’s stock after selling 39,392 shares during the period. Great Lakes Advisors LLC’s holdings in Uber Technologies were worth $15,716,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies during the 3rd quarter worth $25,000. Lloyd Advisory Services LLC. bought a new position in Uber Technologies during the 4th quarter worth $27,000. Ares Financial Consulting LLC bought a new position in Uber Technologies during the 4th quarter worth $28,000. Imprint Wealth LLC bought a new position in Uber Technologies during the 3rd quarter worth $32,000. Finally, Blueline Advisors LLC bought a new position in Uber Technologies during the 4th quarter worth $37,000. Institutional investors own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Wells Fargo & Company raised their price objective on Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Guggenheim restated a “buy” rating on shares of Uber Technologies in a research note on Tuesday. Truist Financial raised their price objective on Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. The Goldman Sachs Group set a $115.00 target price on Uber Technologies in a report on Thursday, May 7th. Finally, 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 report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $104.68.

Insiders Place Their Bets

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction on 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 owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.81% of the stock is owned by corporate insiders.

Uber Technologies Stock Up 1.3%

Shares of UBER opened at $69.51 on Friday. 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 $67.19 and a 52 week high of $101.99. The stock has a market capitalization of $141.49 billion, a price-to-earnings ratio of 17.33, a PEG ratio of 5.83 and a beta of 1.12. The stock has a fifty day moving average of $73.48 and a 200-day moving average of $77.22.

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

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Several recent pieces argue Uber is still one of the better stocks to own, pointing to its maturing platform, improving fundamentals, and potential upside from autonomous ride-hailing rather than disruption from it. Article Title
• Positive Sentiment: Uber also announced a major financing partnership with Banco Santander to create a €1 billion platform for European fleet operators, which could help expand supply and support growth in key international markets. Article Title
• Positive Sentiment: Investor sentiment was helped by commentary that Uber’s self-driving investments could strengthen its long-term position, with reports highlighting robotaxi tests in Europe and the company’s commitment to autonomous technology. Article Title
• Neutral Sentiment: Uber reported in a recent market recap that its latest quarter beat EPS expectations but missed on revenue, while guidance for the next quarter was reasonably solid; this keeps the earnings picture mixed but not alarming for investors.
• Negative Sentiment: Uber filed suit against New York City over a new driver-retention rule, arguing it weakens safety controls and harms the platform’s ability to deactivate problematic drivers. The case introduces legal and regulatory uncertainty for the core ride-hailing business. Article Title

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.