Hartline Investment Corp decreased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 51.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. 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 portfolio, making the stock its 29th biggest holding. Hartline Investment Corp’s holdings in Uber Technologies were worth $6,834,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the business. MQS Management LLC purchased a new stake in shares of Uber Technologies during the fourth quarter worth $229,000. Associated Banc Corp grew its holdings in shares of Uber Technologies by 10.7% during the fourth quarter. Associated Banc Corp now owns 570,226 shares of the ride-sharing company’s stock worth $46,593,000 after buying an additional 54,994 shares in the last quarter. CFO4Life Group LLC grew its holdings in shares of Uber Technologies by 5.1% during the fourth quarter. CFO4Life Group LLC now owns 9,195 shares of the ride-sharing company’s stock worth $751,000 after buying an additional 443 shares in the last quarter. Cumberland Partners Ltd grew its holdings in shares of Uber Technologies by 75.0% during the fourth quarter. Cumberland Partners Ltd now owns 105,000 shares of the ride-sharing company’s stock worth $8,580,000 after buying an additional 45,000 shares in the last quarter. Finally, Americana Partners LLC grew its holdings in shares of Uber Technologies by 12.2% during the fourth quarter. Americana Partners LLC now owns 82,384 shares of the ride-sharing company’s stock worth $6,732,000 after buying an additional 8,958 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Key Headlines Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber is reportedly considering a full acquisition of Delivery Hero, a move that could broaden its global food-delivery scale and improve its competitive position outside the U.S. Uber explores takeover of European food delivery rival Delivery Hero – Bloomberg
- Positive Sentiment: Analysts and media coverage also pointed to strong underlying business momentum, with Uber’s gross bookings still growing and its Q2 guidance implying continued demand in Mobility and Delivery. Sustained Gross Bookings Momentum Benefits Uber: What Lies Ahead?
- Positive Sentiment: Uber’s autonomous-vehicle strategy remains a key long-term catalyst, with Nvidia saying its partnership could help power robotaxi expansion across nearly 30 cities and four continents by 2028. Jensen Huang Says Nvidia Is Powering Uber’s Push Into Trillion-Dollar Self-Driving Opportunity Across 30 Cities
- Neutral Sentiment: Uber was also linked to broader commentary on its post-earnings outlook and autonomous push, but these pieces were more thematic than immediately stock-moving. What’s next for Uber after Q1 earnings and its aggressive autonomous push?
- Negative Sentiment: Investor caution increased because a takeover of Delivery Hero could require significant spending and may distract from Uber’s push for profitability and disciplined capital deployment. Uber considers full takeover of Delivery Hero in major expansion move: Report
- Negative Sentiment: Separate headlines about potential liability and insurance issues around Uber’s driver accidents added to regulatory and reputational concerns. Consumer Watchdog Report: Uber Plan To Limit Accident Liability Aims To Free Up Insurance Reserves
Insider Transactions at Uber Technologies
Uber Technologies Trading Down 2.4%
Shares of UBER opened at $71.87 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99. The firm has a 50-day moving average price of $74.14 and a 200 day moving average price of $79.36. The firm has a market capitalization of $146.31 billion, a P/E ratio of 17.92, a P/E/G ratio of 6.11 and a beta of 1.16.
Uber Technologies (NYSE:UBER – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the prior year, the firm posted $0.83 earnings per share. Uber Technologies’s quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on UBER. Needham & Company LLC reaffirmed a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a report on Thursday, May 7th. The Goldman Sachs Group set a $115.00 target price on shares of Uber Technologies in a report on Thursday, May 7th. UBS Group lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a report on Monday, May 11th. Finally, Citigroup reissued a “buy” rating on shares of Uber Technologies in a report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $104.97.
View Our Latest Stock Analysis on UBER
About Uber Technologies
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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