Titan Investment Solutions Ltd Invests $28.23 Million in Uber Technologies, Inc. $UBER

Titan Investment Solutions Ltd acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 345,536 shares of the ride-sharing company’s stock, valued at approximately $28,234,000. Uber Technologies comprises 3.4% of Titan Investment Solutions Ltd’s portfolio, making the stock its 9th largest position.

A number of other large investors have also modified their holdings of the stock. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies in the third quarter valued at $25,000. Imprint Wealth LLC purchased a new position in Uber Technologies in the third quarter valued at $32,000. Lloyd Advisory Services LLC. purchased a new position in Uber Technologies in the fourth quarter valued at $27,000. Ares Financial Consulting LLC purchased a new position in Uber Technologies in the fourth quarter valued at $28,000. Finally, Gould Capital LLC increased its holdings in Uber Technologies by 245.0% in the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after buying an additional 245 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

More Uber Technologies News

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

Analyst Upgrades and Downgrades

Several research firms recently commented on UBER. Wells Fargo & Company increased their target price on Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. BTIG Research reissued a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, May 26th. Citizens Jmp reissued a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, April 28th. DA Davidson reissued a “buy” rating and issued a $107.00 target price on shares of Uber Technologies in a report on Tuesday, May 26th. Finally, The Goldman Sachs Group set a $115.00 target price on Uber Technologies in a report on Thursday, May 7th. One research 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’s stock. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.97.

Check Out Our Latest Stock Analysis on UBER

Insider Activity

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated 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 transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 3.81% of the company’s stock.

Uber Technologies Stock Performance

Shares of UBER stock opened at $68.67 on Friday. The stock’s 50-day moving average is $73.41 and its two-hundred day moving average is $77.16. The firm has a market cap of $139.79 billion, a price-to-earnings ratio of 17.13, a PEG ratio of 5.91 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 data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 41.40% and a net margin of 15.91%.The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

About Uber Technologies

(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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