Intech Investment Management LLC Has $55.36 Million Holdings in Uber Technologies, Inc. $UBER

Intech Investment Management LLC grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 15.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 677,494 shares of the ride-sharing company’s stock after purchasing an additional 88,551 shares during the period. Uber Technologies comprises 0.5% of Intech Investment Management LLC’s holdings, making the stock its 26th largest holding. Intech Investment Management LLC’s holdings in Uber Technologies were worth $55,358,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in UBER. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Uber Technologies by 129.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after acquiring an additional 5,293,822 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Uber Technologies by 65.2% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company’s stock worth $400,596,000 after acquiring an additional 1,935,832 shares in the last quarter. C WorldWide Group Holding A S acquired a new stake in shares of Uber Technologies during the 3rd quarter worth approximately $173,776,000. Vanguard Group Inc. boosted its position in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after acquiring an additional 1,670,761 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Uber Technologies by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after acquiring an additional 1,602,596 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. UBS Group lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. TD Cowen started coverage on Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating for the company. Roth Mkm set a $105.00 price objective on Uber Technologies in a research report on Thursday, February 5th. Canaccord Genuity Group set a $72.00 price objective on Uber Technologies in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada started coverage on Uber Technologies in a research report on Monday, May 11th. They set an “outperform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $104.97.

Read Our Latest Stock Analysis on Uber Technologies

Uber Technologies News Summary

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

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $70.89 on Friday. Uber Technologies, Inc. has a fifty-two week low of $68.46 and a fifty-two week high of $101.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $144.31 billion, a P/E ratio of 17.68, a P/E/G ratio of 6.01 and a beta of 1.16. The company’s 50 day moving average price is $73.84 and its two-hundred day moving average price is $78.59.

Uber Technologies (NYSE:UBERGet Free Report) last issued its earnings results 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 net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the business posted $0.83 earnings per share. The company’s quarterly revenue 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, equities analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction 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 owned 460,756 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.81% of the company’s stock.

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.

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

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