ProShare Advisors LLC raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 8.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 413,259 shares of the ride-sharing company’s stock after buying an additional 32,388 shares during the period. ProShare Advisors LLC’s holdings in Uber Technologies were worth $33,767,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UBER. Transcendent Capital Group LLC purchased a new stake in Uber Technologies in the 3rd quarter valued at $1,859,000. Mawer Investment Management Ltd. purchased a new position in Uber Technologies during the 3rd quarter worth $74,107,000. Rhumbline Advisers grew its stake in shares of Uber Technologies by 1.1% in the 3rd quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock worth $365,479,000 after acquiring an additional 42,278 shares in the last quarter. Longbow Finance SA grew its stake in shares of Uber Technologies by 51.8% in the 3rd quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock worth $11,001,000 after acquiring an additional 38,304 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares during the last quarter. 80.24% of the stock is owned by institutional investors.
Insider Buying and Selling
In related news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the acquisition, the chief financial officer owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.81% of the company’s stock.
Uber Technologies Price Performance
Uber Technologies (NYSE:UBER – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping 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 quarter in the previous year, the firm posted $0.83 earnings per share. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. 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 year.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber increased its stake in Delivery Hero to 19.5%, making it the company’s largest shareholder and giving it a blocking minority. Investors may view this as a bullish move that expands Uber’s exposure to food delivery beyond the U.S. and supports its platform strategy. Uber Deepens Delivery Hero Stake As Food Delivery Shapes Valuation
- Positive Sentiment: Multiple reports highlighted that Uber’s expanded Delivery Hero position could be viewed as a sign of confidence in its delivery segment and a way to reinforce growth outside ride-hailing. UBER Stock Alert: Uber Just Upped Its Stake in Delivery Hero
- Neutral Sentiment: Joby Aviation said its air-taxi plans include partnerships with Uber and Delta, which keeps Uber associated with future mobility opportunities, but the impact on near-term earnings remains limited. Joby Aviation Nears Air Taxi Launch As FAA Progress Meets Partner Plans
- Negative Sentiment: A new report said Empower is undercutting Uber and Lyft on price by nearly 30% in New York City, underscoring competitive pressure in rideshare that could weigh on pricing power and market share. 30% Cheaper and Growing Fast: New Obi Research Reveals Empower’s Surge in New York City
- Negative Sentiment: Commentary noted Uber’s stock has stumbled in 2026 and that investors are hoping new products such as “Eats for the Way” can help restore confidence, suggesting the market still wants clearer evidence of a turnaround. Your Morning Coffee, on Uber: Investors Counting on an UBER Stock Turnaround Are Hoping That ‘Eats for the Way’ Pays Off
Analyst Ratings Changes
A number of research analysts recently weighed in on UBER shares. Mizuho dropped their price target on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. Wedbush decreased their price objective on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Citigroup restated a “buy” rating on shares of Uber Technologies in a research note on Tuesday, March 17th. Finally, Piper Sandler upped their target price on Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $105.11.
Check Out Our Latest Stock Report on Uber Technologies
Uber Technologies 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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