Zions Bancorporation National Association UT lessened its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 11.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,322 shares of the ride-sharing company’s stock after selling 7,862 shares during the quarter. Zions Bancorporation National Association UT’s holdings in Uber Technologies were worth $5,092,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Advisors Capital Management LLC grew its position in Uber Technologies by 1.8% in the 3rd quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after purchasing an additional 111 shares during the last quarter. Stelac Advisory Services LLC grew its position in Uber Technologies by 10.4% in the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock worth $121,000 after purchasing an additional 117 shares during the last quarter. Smithfield Trust Co grew its position in Uber Technologies by 8.3% in the 3rd quarter. Smithfield Trust Co now owns 1,532 shares of the ride-sharing company’s stock worth $151,000 after purchasing an additional 118 shares during the last quarter. Oxinas Partners Wealth Management LLC grew its position in Uber Technologies by 1.3% in the 3rd quarter. Oxinas Partners Wealth Management LLC now owns 9,423 shares of the ride-sharing company’s stock worth $923,000 after purchasing an additional 122 shares during the last quarter. Finally, Cadence Bank grew its position in Uber Technologies by 1.7% in the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after purchasing an additional 122 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
UBER has been the topic of several research analyst reports. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. TD Cowen initiated coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. raised their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Wells Fargo & Company raised their price target on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $104.68.
Insider Buying and Selling
In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction dated 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. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.81% of the stock is currently owned by company insiders.
Uber Technologies Price Performance
Shares of Uber Technologies stock opened at $68.75 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The firm’s 50-day simple moving average is $73.52 and its 200-day simple moving average is $77.32. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99. The firm has a market cap of $139.94 billion, a P/E ratio of 17.14, a price-to-earnings-growth ratio of 5.98 and a beta of 1.12.
Uber Technologies (NYSE:UBER – Get Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same period in the previous year, the business earned $0.83 EPS. The firm’s 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. As a group, research analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber’s European robotaxi expansion could support long-term growth, with pilot programs planned in Madrid and Munich as the company deepens its autonomous ride-hailing strategy. Uber’s European Robotaxis Test Multi Partner Path To Long Term Gains
- Positive Sentiment: Brokerage sentiment remains constructive, with Uber receiving an average “Moderate Buy” recommendation from analysts. Uber Technologies, Inc. (NYSE:UBER) Receives Average Recommendation of “Moderate Buy” from Brokerages
- Neutral Sentiment: Uber continues to gain attention for longer-term growth themes, including autonomous ride-hailing and AI-related data work, but these stories are more strategic than immediately market-moving. Uber Turns Driver Downtime Into an AI Data Factory
- Negative Sentiment: Uber’s lawsuit against New York City highlights ongoing regulatory and labor-cost risks, as the company argues the law could force it to keep problematic drivers on the platform and damage customer trust. Uber sues New York City over ‘reckless’ driver protection law
- Negative Sentiment: Reports that Uber is cutting jobs and facing scrutiny over its take rate and business practices may add to investor concern about margins and execution. Uber cuts jobs while chasing major new markets
Uber Technologies Company 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.
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