Blume Capital Management Inc. Sells 10,813 Shares of Uber Technologies, Inc. $UBER

Posted by Francis Steltz on May 18th, 2026

Blume Capital Management Inc. lessened its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 6.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 153,323 shares of the ride-sharing company’s stock after selling 10,813 shares during the quarter. Uber Technologies accounts for approximately 2.3% of Blume Capital Management Inc.’s portfolio, making the stock its 13th largest holding. Blume Capital Management Inc.’s holdings in Uber Technologies were worth $12,528,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in UBER. Transcendent Capital Group LLC purchased a new position in shares of Uber Technologies during the third quarter worth $1,859,000. Mawer Investment Management Ltd. purchased a new position in shares of Uber Technologies during the third quarter worth $74,107,000. Rhumbline Advisers raised its holdings in shares of Uber Technologies by 1.1% during the third quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock worth $365,479,000 after purchasing an additional 42,278 shares during the last quarter. Longbow Finance SA raised its holdings in shares of Uber Technologies by 51.8% during the third quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock worth $11,001,000 after purchasing an additional 38,304 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on UBER shares. Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Morgan Stanley reduced their target price on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Roth Mkm set a $105.00 target price on shares of Uber Technologies in a report on Thursday, February 5th. Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. Finally, Weiss Ratings cut shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $105.11.

Get Our Latest Analysis on UBER

Key Uber Technologies News

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

Positive Sentiment: Uber’s Uber One subscription program reached 50 million members, highlighting stronger customer loyalty and a potentially more durable recurring revenue stream. Uber just hit an impressive 50M milestone
Positive Sentiment: Fox Advisors upgraded Uber to Outperform and set a $95 price target, reflecting confidence in the company’s investment strategy and future earnings power. Uber Technologies (UBER) – Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio
Positive Sentiment: Uber announced plans to open two campuses in India and expand infrastructure support there, which could strengthen product development and operating efficiency over time. Uber to open 2 campuses in India to support product development, operations
Neutral Sentiment: Several articles continue to frame Uber as a long-term “super app” or autonomy winner, but these are mostly strategic narratives rather than immediate catalysts. Can Uber Make an “Everything” App?
Negative Sentiment: SoftBank’s Q1 portfolio update showed a complete exit from Uber, which may weigh on sentiment because it removes a notable institutional backer. SoftBank (SFTBY) Dumps Uber and Lemonade, Slashes T-Mobile Holdings in Q1 Portfolio Overhaul
Negative Sentiment: Reports about tension in the Uber-Waymo partnership and criticism of autonomous-vehicle rollout could raise concerns about the pace and competitiveness of Uber’s self-driving strategy. Uber-Waymo Partnership On The Rocks? Exec Shares ‘Scary’ SF Robotaxi Moment, Slam AV Rollout

Uber Technologies Trading Up 0.2%

Shares of Uber Technologies stock opened at $75.23 on Monday. The firm has a 50-day simple moving average of $74.19 and a two-hundred day simple moving average of $80.02. The company has a market cap of $153.14 billion, a P/E ratio of 18.76, a price-to-earnings-growth ratio of 6.38 and a beta of 1.16. Uber Technologies, Inc. has a fifty-two week low of $68.46 and a fifty-two week high of $101.99. 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:UBER – Get Free Report) last issued 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 business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Insider Transactions at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was acquired at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the transaction, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company’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 completion of 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 3.81% of the company’s stock.

Uber Technologies Company 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.