Sumitomo Life Insurance Co. Has $13.75 Million Stock Holdings in Uber Technologies, Inc. $UBER

Posted by Brian Himes on Jun 13th, 2026

Sumitomo Life Insurance Co. grew its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 6.8% during the fourth quarter, Holdings Channel reports. The firm owned 168,333 shares of the ride-sharing company’s stock after acquiring an additional 10,694 shares during the quarter. Sumitomo Life Insurance Co.’s holdings in Uber Technologies were worth $13,754,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies in the 3rd quarter valued at about $25,000. Imprint Wealth LLC acquired a new position in shares of Uber Technologies in the 3rd quarter valued at about $32,000. Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies in the 4th quarter valued at about $27,000. Ares Financial Consulting LLC acquired a new position in shares of Uber Technologies in the 4th quarter valued at about $28,000. Finally, Gould Capital LLC lifted its stake in shares of Uber Technologies by 245.0% in the 4th quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after purchasing an additional 245 shares during the period. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Down 1.3%

UBER stock opened at $68.67 on Friday. The stock’s 50 day simple moving average is $73.41 and its 200 day simple moving average is $77.16. Uber Technologies, Inc. has a fifty-two week low of $67.19 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. The company has a market cap of $139.79 billion, a P/E ratio of 17.13, a price-to-earnings-growth ratio of 5.91 and a beta of 1.12.

Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings results 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. 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 the consensus estimate of $13.28 billion. During the same period in the prior year, the business earned $0.83 EPS. The firm’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 earnings per share for the current fiscal year.

Uber Technologies News Roundup

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?

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on UBER. Wolfe Research set a $100.00 price objective on Uber Technologies in a research note on Friday, May 29th. The Goldman Sachs Group set a $115.00 price target on Uber Technologies in a research note on Thursday, May 7th. Truist Financial upped their price target on Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a research note on Thursday, May 7th. Finally, Royal Bank Of Canada assumed coverage on Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.

Get Our Latest Stock Report on Uber Technologies

Insider Buying and Selling

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction that occurred on 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 sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate 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.