Uber Technologies, Inc. $UBER Shares Bought by L1 Capital International Pty Ltd

Posted by Brenda Bartman on Jun 13th, 2026

L1 Capital International Pty Ltd grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 358.9% during the fourth quarter, Holdings Channel reports. The firm owned 665,918 shares of the ride-sharing company’s stock after acquiring an additional 520,791 shares during the quarter. Uber Technologies comprises 2.8% of L1 Capital International Pty Ltd’s portfolio, making the stock its 16th largest holding. L1 Capital International Pty Ltd’s holdings in Uber Technologies were worth $54,412,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Banco Santander S.A. raised its holdings in shares of Uber Technologies by 21.2% during the fourth quarter. Banco Santander S.A. now owns 468,422 shares of the ride-sharing company’s stock worth $38,275,000 after purchasing an additional 82,013 shares during the period. Cohen & Steers Inc. raised its holdings in shares of Uber Technologies by 15.0% during the fourth quarter. Cohen & Steers Inc. now owns 2,300 shares of the ride-sharing company’s stock worth $188,000 after purchasing an additional 300 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Uber Technologies by 75.3% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 25,495 shares of the ride-sharing company’s stock worth $2,083,000 after purchasing an additional 10,948 shares during the period. Sumitomo Life Insurance Co. raised its holdings in shares of Uber Technologies by 6.8% during the fourth quarter. Sumitomo Life Insurance Co. now owns 168,333 shares of the ride-sharing company’s stock worth $13,754,000 after purchasing an additional 10,694 shares during the period. Finally, Wealthspire Advisors LLC raised its holdings in shares of Uber Technologies by 69.0% during the fourth quarter. Wealthspire Advisors LLC now owns 17,392 shares of the ride-sharing company’s stock worth $1,421,000 after purchasing an additional 7,102 shares during the period. 80.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a report on Thursday, May 7th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Tuesday, April 28th. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a report on Tuesday, May 26th. The Goldman Sachs Group set a $115.00 price objective on shares of Uber Technologies in a report on Thursday, May 7th. Finally, Tigress Financial increased their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $104.97.

Check Out Our Latest Analysis on Uber Technologies

Uber Technologies Stock Down 1.3%

Uber Technologies stock opened at $68.67 on Friday. The stock has a market cap of $139.79 billion, a price-to-earnings ratio of 17.13, a PEG ratio of 5.91 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The company’s 50-day moving average price is $73.41 and its two-hundred day moving average price is $77.16. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99.

Uber Technologies (NYSE:UBER – Get Free Report) last released its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. Uber Technologies’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter last year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Key Uber Technologies News

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

Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?

Insider Buying and Selling

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 shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.81% of the company’s stock.

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.