Rathbones Group PLC Grows Stock Position in Uber Technologies, Inc. $UBER

Rathbones Group PLC lifted its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 3.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,271,439 shares of the ride-sharing company’s stock after buying an additional 45,710 shares during the period. Rathbones Group PLC’s holdings in Uber Technologies were worth $103,889,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies in the third quarter worth about $25,000. Ares Financial Consulting LLC purchased a new position in shares of Uber Technologies in the fourth quarter worth about $28,000. Imprint Wealth LLC purchased a new position in shares of Uber Technologies in the third quarter worth about $32,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Uber Technologies in the third quarter worth about $34,000. Finally, Hager Investment Management Services LLC increased its holdings in shares of Uber Technologies by 276.2% in the fourth quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company’s stock worth $40,000 after buying an additional 359 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

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Insider Activity at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the transaction, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents 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 the SEC website. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The shares were acquired at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the acquisition, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 3.81% of the company’s stock.

Analyst Upgrades and Downgrades

UBER has been the topic of several recent analyst reports. Citigroup reissued a “buy” rating on shares of Uber Technologies in a research note on Tuesday, March 17th. HSBC cut Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Weiss Ratings cut Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 13th. Cantor Fitzgerald cut their target price on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Finally, TD Cowen initiated coverage on Uber Technologies in a research note on Monday, May 11th. They issued a “hold” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $105.11.

Read Our Latest Analysis on Uber Technologies

Uber Technologies Stock Performance

Uber Technologies stock opened at $74.66 on Thursday. The stock’s 50 day simple moving average is $74.18 and its two-hundred day simple moving average is $79.57. 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 stock has a market cap of $151.97 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 6.30 and a beta of 1.16. Uber Technologies, Inc. has a fifty-two week low of $68.46 and a fifty-two week high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business’s revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

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.

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

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