Edgemoor Investment Advisors Inc. raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 25.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,105 shares of the ride-sharing company’s stock after acquiring an additional 8,029 shares during the period. Edgemoor Investment Advisors Inc.’s holdings in Uber Technologies were worth $3,195,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the third quarter valued at $25,000. Imprint Wealth LLC acquired a new stake in Uber Technologies in the third quarter worth about $32,000. Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies in the fourth quarter worth about $27,000. Ares Financial Consulting LLC acquired a new stake in Uber Technologies in the fourth quarter worth about $28,000. Finally, Blueline Advisors LLC bought a new position in Uber Technologies in the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 80.24% of the company’s stock.
Uber Technologies Stock Down 0.9%
Shares of NYSE:UBER opened at $70.30 on Friday. The firm has a 50 day simple moving average of $73.71 and a 200 day simple moving average of $78.53. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. 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 company has a market cap of $143.10 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 6.03 and a beta of 1.16.
Insider Buying and Selling at Uber Technologies
In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president directly 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.81% of the company’s stock.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber unveiled a $49 shuttle service for FIFA World Cup matches across major U.S. venues, a move that could boost rides demand and strengthen Uber’s event-driven transportation business. Uber Plans $49 Shuttle for New York-New Jersey World Cup Matches
- Positive Sentiment: Uber is partnering with hotel platform Mews to integrate into 15,000 hotels worldwide, expanding its reach with travelers and potentially creating more booking-driven ride volume. Uber wants to answer the hotel industry’s most asked question. Now it’s integrating into 15,000 hotels globally
- Neutral Sentiment: SRx Health Solutions disclosed a new investment in Uber as part of its portfolio update, which adds another data point of outside investor interest but is not a direct operating catalyst. SRx Health Solutions Invests in Uber Technologies, Inc. and Provides Shareholders with Portfolio Update
- Negative Sentiment: Uber reportedly raised its stake in Delivery Hero to about 36.83% and is said to be exploring a takeover, which may increase strategic optionality but also raises concerns about cash use, integration risk, and capital allocation. Uber raises Delivery Hero stake, increasing takeover odds
- Negative Sentiment: Reports that Uber exhausted its full-year 2026 AI budget early underscore rising cost pressure in technology spending, which could weigh on margins if AI investment continues to escalate. Token Shock Hits Silicon Valley’s Biggest Spenders
Wall Street Analysts Forecast Growth
Several equities analysts have commented on UBER shares. HSBC cut shares of Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research note on Tuesday. Finally, TD Cowen started coverage on Uber Technologies in a report on Monday, May 11th. They set a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $104.68.
View Our Latest Stock Analysis on UBER
Uber Technologies Company Profile
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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