Uber Technologies, Inc. $UBER Shares Sold by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA lowered its position in Uber Technologies, Inc. (NYSE:UBERFree Report) by 26.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,171 shares of the ride-sharing company’s stock after selling 8,912 shares during the period. Union Bancaire Privee UBP SA’s holdings in Uber Technologies were worth $1,739,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Osbon Capital Management LLC acquired a new stake in Uber Technologies during the 4th quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies in the 4th quarter valued at $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the third quarter worth $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies in the fourth quarter worth $27,000. Finally, Ares Financial Consulting LLC purchased a new position in shares of Uber Technologies during the fourth quarter worth $28,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. DA Davidson reaffirmed a “buy” rating and issued a $107.00 price target on shares of Uber Technologies in a report on Tuesday, May 26th. Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. Piper Sandler upped their target price on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, April 28th. Finally, Weiss Ratings lowered Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $104.97.

Read Our Latest Analysis on UBER

Uber Technologies Stock Up 5.3%

Shares of UBER opened at $76.09 on Friday. 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, Inc. has a one year low of $67.19 and a one year high of $101.99. The stock has a market capitalization of $154.90 billion, a price-to-earnings ratio of 18.98, a PEG ratio of 6.48 and a beta of 1.12. The stock has a 50 day moving average price of $73.40 and a 200 day moving average price of $76.11.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating 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 company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the firm posted $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. Equities research analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Uber Technologies 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.

See Also

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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