Milford Funds Ltd. Invests $12.45 Million in Uber Technologies, Inc. $UBER

Milford Funds Ltd. acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 152,330 shares of the ride-sharing company’s stock, valued at approximately $12,447,000.

Several other large investors have also recently modified their holdings of UBER. Brighton Jones LLC raised its stake in shares of Uber Technologies by 3.4% during the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after acquiring an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Uber Technologies by 65.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after acquiring an additional 6,129 shares in the last quarter. Bison Wealth LLC raised its stake in shares of Uber Technologies by 20.3% during the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after acquiring an additional 641 shares in the last quarter. Caxton Associates LLP bought a new position in shares of Uber Technologies during the 1st quarter worth approximately $304,000. Finally, Schnieders Capital Management LLC. bought a new position in shares of Uber Technologies during the 2nd quarter worth approximately $842,000. Institutional investors own 80.24% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. boosted their price objective on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. BTIG Research reiterated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a research note on Friday, May 29th. Finally, DA Davidson reiterated a “buy” rating and set a $107.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $104.97.

Read Our Latest Research Report on UBER

Insider Buying and Selling at Uber Technologies

In other 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 value 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. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.81% of the stock is owned by insiders.

Uber Technologies News Summary

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

Uber Technologies Stock Down 1.3%

NYSE:UBER opened at $68.67 on Friday. The firm has a market capitalization of $139.79 billion, a P/E 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’s fifty day moving average price is $73.41 and its 200-day moving average price is $77.16. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07.

Uber Technologies (NYSE:UBERGet Free Report) last released 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 firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS 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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