Uber Technologies, Inc. $UBER Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. reduced its position in Uber Technologies, Inc. (NYSE:UBERFree Report) by 17.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 305,280 shares of the ride-sharing company’s stock after selling 62,895 shares during the quarter. Uber Technologies comprises approximately 0.7% of Dana Investment Advisors Inc.’s investment portfolio, making the stock its 23rd largest position. Dana Investment Advisors Inc.’s holdings in Uber Technologies were worth $24,944,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Hills Bank & Trust Co raised its stake in Uber Technologies by 142.1% in the 4th quarter. Hills Bank & Trust Co now owns 8,131 shares of the ride-sharing company’s stock valued at $664,000 after purchasing an additional 4,773 shares during the last quarter. Qsemble Capital Management LP increased its stake in shares of Uber Technologies by 177.4% in the 4th quarter. Qsemble Capital Management LP now owns 60,899 shares of the ride-sharing company’s stock worth $4,976,000 after acquiring an additional 38,949 shares during the last quarter. Center for Financial Planning Inc. increased its stake in shares of Uber Technologies by 29.1% in the 4th quarter. Center for Financial Planning Inc. now owns 2,880 shares of the ride-sharing company’s stock worth $235,000 after acquiring an additional 650 shares during the last quarter. Novare Capital Management LLC increased its stake in shares of Uber Technologies by 47.4% in the 4th quarter. Novare Capital Management LLC now owns 6,215 shares of the ride-sharing company’s stock worth $508,000 after acquiring an additional 2,000 shares during the last quarter. Finally, DNB Asset Management AS increased its stake in shares of Uber Technologies by 1.7% in the 4th quarter. DNB Asset Management AS now owns 643,558 shares of the ride-sharing company’s stock worth $52,585,000 after acquiring an additional 10,542 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies News Roundup

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

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $75.23 on Friday. The business has a 50-day moving average of $74.19 and a 200 day moving average of $80.14. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99. The stock has a market capitalization of $153.14 billion, a price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 5.74 and a beta of 1.16. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07.

Uber Technologies (NYSE:UBERGet Free Report) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS 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 during the quarter, compared to analysts’ expectations of $13.28 billion. During the same period last year, the business posted $0.83 EPS. Uber Technologies’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. As a group, sell-side analysts forecast that Uber Technologies, Inc. will post 3.26 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on UBER shares. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday. BNP Paribas Exane downgraded Uber Technologies to an “underweight” rating in a research note on Monday. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, April 28th. Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday. Finally, DA Davidson raised their target price on Uber Technologies from $105.00 to $107.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $105.11.

Check Out Our Latest Research Report on Uber Technologies

Insider Transactions at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the acquisition, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. The trade was a 357.02% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated 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 transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company 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.

Further Reading

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

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