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

IPG Investment Advisors LLC lessened its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 29.4% during the 4th quarter, HoldingsChannel reports. The firm owned 47,477 shares of the ride-sharing company’s stock after selling 19,740 shares during the period. IPG Investment Advisors LLC’s holdings in Uber Technologies were worth $3,879,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies during the 3rd quarter worth $25,000. Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies during the 4th quarter worth $27,000. Ares Financial Consulting LLC acquired a new stake in Uber Technologies during the 4th quarter worth $28,000. Imprint Wealth LLC acquired a new stake in Uber Technologies during the 3rd quarter worth $32,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in Uber Technologies during the 3rd quarter worth $34,000. 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:

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction dated 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 transaction, the senior vice president 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 legal filing with the SEC, which can be accessed through this link. Insiders own 3.81% of the company’s stock.

Uber Technologies Trading Up 0.9%

Shares of UBER stock opened at $70.79 on Thursday. The company’s 50-day moving average price is $73.98 and its 200-day moving average price is $78.74. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market cap of $144.09 billion, a price-to-earnings ratio of 17.65, a PEG ratio of 5.96 and a beta of 1.16. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings results 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 firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Wedbush lowered their target price on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. Wells Fargo & Company lifted their target price on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. HSBC cut shares of Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. DA Davidson reaffirmed a “buy” rating and set a $107.00 target price on shares of Uber Technologies in a research note on Tuesday. Finally, Piper Sandler lifted their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $104.97.

Get Our Latest Report on UBER

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.

Further Reading

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

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