DJE Kapital AG cut its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 82.3% in the fourth quarter, HoldingsChannel reports. The firm owned 120,107 shares of the ride-sharing company’s stock after selling 558,016 shares during the quarter. DJE Kapital AG’s holdings in Uber Technologies were worth $9,840,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies in the third quarter valued at $25,000. Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies in the fourth quarter valued at $27,000. Ares Financial Consulting LLC acquired a new stake in Uber Technologies in the fourth quarter valued at $28,000. Imprint Wealth LLC acquired a new stake in Uber Technologies in the third quarter valued at $32,000. Finally, Blueline Advisors LLC acquired a new stake in Uber Technologies in the fourth quarter valued at $37,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Several recent pieces argue Uber is still one of the better stocks to own, pointing to its maturing platform, improving fundamentals, and potential upside from autonomous ride-hailing rather than disruption from it. Article Title
- Positive Sentiment: Uber also announced a major financing partnership with Banco Santander to create a €1 billion platform for European fleet operators, which could help expand supply and support growth in key international markets. Article Title
- Positive Sentiment: Investor sentiment was helped by commentary that Uber’s self-driving investments could strengthen its long-term position, with reports highlighting robotaxi tests in Europe and the company’s commitment to autonomous technology. Article Title
- Neutral Sentiment: Uber reported in a recent market recap that its latest quarter beat EPS expectations but missed on revenue, while guidance for the next quarter was reasonably solid; this keeps the earnings picture mixed but not alarming for investors.
- Negative Sentiment: Uber filed suit against New York City over a new driver-retention rule, arguing it weakens safety controls and harms the platform’s ability to deactivate problematic drivers. The case introduces legal and regulatory uncertainty for the core ride-hailing business. Article Title
Uber Technologies Stock Up 1.3%
Uber Technologies (NYSE:UBER – Get Free Report) last posted its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. During the same quarter in the previous year, the firm earned $0.83 earnings per share. The business’s revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current year.
Insider Activity at Uber Technologies
In other news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies 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 approximately $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.81% of the company’s stock.
Analyst Ratings Changes
A number of analysts have weighed in on the company. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. Guggenheim restated a “buy” rating on shares of Uber Technologies in a research note on Tuesday. Macquarie Infrastructure upgraded Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. HSBC cut Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Finally, The Goldman Sachs Group set a $115.00 price target on Uber Technologies in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $104.68.
Read Our Latest Research Report on UBER
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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