Fairtree Asset Management Pty Ltd Increases Holdings in Uber Technologies, Inc. $UBER

Fairtree Asset Management Pty Ltd increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 145.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 20,978 shares of the ride-sharing company’s stock after acquiring an additional 12,444 shares during the quarter. Fairtree Asset Management Pty Ltd’s holdings in Uber Technologies were worth $1,714,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV lifted its position in Uber Technologies by 6.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 26,056 shares of the ride-sharing company’s stock worth $2,129,000 after buying an additional 1,520 shares in the last quarter. Harvest Portfolios Group Inc. lifted its position in Uber Technologies by 45.6% during the fourth quarter. Harvest Portfolios Group Inc. now owns 31,935 shares of the ride-sharing company’s stock worth $2,609,000 after buying an additional 9,995 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Uber Technologies during the fourth quarter worth approximately $12,123,000. GSA Capital Partners LLP lifted its position in Uber Technologies by 9.0% during the fourth quarter. GSA Capital Partners LLP now owns 25,155 shares of the ride-sharing company’s stock worth $2,055,000 after buying an additional 2,073 shares in the last quarter. Finally, Tredje AP fonden lifted its position in Uber Technologies by 0.7% during the fourth quarter. Tredje AP fonden now owns 720,655 shares of the ride-sharing company’s stock worth $58,885,000 after buying an additional 5,115 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Price Performance

NYSE:UBER opened at $74.02 on Wednesday. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock’s fifty day moving average is $74.16 and its two-hundred day moving average is $79.73. The company 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.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on UBER shares. TD Cowen started coverage on Uber Technologies in a research report on Monday, May 11th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. lifted their target price on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Benchmark restated a “hold” rating on shares of Uber Technologies in a research report on Thursday, February 5th. DA Davidson lifted their target price on Uber Technologies from $105.00 to $107.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Morgan Stanley reduced their target price on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $105.11.

Insider Buying and Selling at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were 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 of the company’s stock, valued at $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.81% of the stock is currently owned by insiders.

Key Headlines Impacting Uber Technologies

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

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.