Korea Investment CORP Purchases 110,084 Shares of Uber Technologies, Inc. $UBER

Korea Investment CORP raised its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 7.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,577,449 shares of the ride-sharing company’s stock after purchasing an additional 110,084 shares during the period. Korea Investment CORP’s holdings in Uber Technologies were worth $128,893,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Uber Technologies by 3.4% in the fourth 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 during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Uber Technologies by 65.0% in the fourth 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 during the period. Bison Wealth LLC boosted its holdings in shares of Uber Technologies by 20.3% in the fourth 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 during the period. Caxton Associates LLP bought a new position in shares of Uber Technologies in the first quarter worth $304,000. Finally, Schnieders Capital Management LLC. bought a new position in shares of Uber Technologies in the second quarter worth $842,000. 80.24% of the stock is owned by institutional investors.

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Insiders Place Their Bets

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction 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 trade represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.81% of the stock is owned by insiders.

Uber Technologies Price Performance

NYSE:UBER opened at $68.67 on Friday. The firm has a market capitalization of $139.79 billion, a price-to-earnings ratio of 17.13, a P/E/G ratio of 5.91 and a beta of 1.12. Uber Technologies, Inc. has a 52-week low of $67.19 and a 52-week high of $101.99. The stock has a fifty day moving average of $73.41 and a 200 day moving average of $77.16. 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 (NYSE:UBERGet Free Report) 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 company had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter last year, the company earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on UBER. Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. HSBC lowered Uber Technologies to a “reduce” rating in a report on Monday, May 11th. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a report on Monday, May 11th. BTIG Research reaffirmed a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a report on Tuesday, May 26th. Finally, UBS Group lowered Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $104.97.

View Our Latest Analysis on Uber Technologies

Uber Technologies Profile

(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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