Uber Technologies, Inc. $UBER Shares Sold by Hartline Investment Corp

Hartline Investment Corp lowered its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 51.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 83,640 shares of the ride-sharing company’s stock after selling 87,758 shares during the quarter. Uber Technologies comprises about 0.7% of Hartline Investment Corp’s investment portfolio, making the stock its 29th biggest position. Hartline Investment Corp’s holdings in Uber Technologies were worth $6,834,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of UBER. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies during the third quarter worth about $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies during the fourth quarter worth about $27,000. Ares Financial Consulting LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth about $28,000. Imprint Wealth LLC acquired a new stake in shares of Uber Technologies during the third quarter worth about $32,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Uber Technologies during the third quarter worth about $34,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UBER. Stifel Nicolaus reduced their price target on shares of Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. BNP Paribas Exane cut shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. Cantor Fitzgerald reduced their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Finally, Roth Mkm set a $105.00 price target on shares of Uber Technologies in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $104.97.

Read Our Latest Analysis on UBER

Insider Buying and Selling

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction that occurred 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 transaction, the senior vice president directly owned 460,756 shares in the company, valued at $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 SEC, which is available at this hyperlink. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.81% of the stock is currently owned by corporate insiders.

Uber Technologies Stock Down 2.4%

UBER stock opened at $71.87 on Friday. The company’s 50 day moving average price is $74.14 and its 200 day moving average price is $79.36. 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 fifty-two week low of $68.46 and a fifty-two week high of $101.99. The firm has a market capitalization of $146.31 billion, a price-to-earnings ratio of 17.92, a PEG ratio of 6.11 and a beta of 1.16.

Uber Technologies (NYSE:UBERGet Free Report) last released its earnings results 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. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same period in the prior year, the firm earned $0.83 earnings per share. The business’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. On average, equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Key Headlines Impacting Uber Technologies

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

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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