Hillsdale Investment Management Inc. Boosts Holdings in Uber Technologies, Inc. $UBER

Hillsdale Investment Management Inc. raised its holdings in Uber Technologies, Inc. (NYSE:UBERFree Report) by 35.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 73,950 shares of the ride-sharing company’s stock after acquiring an additional 19,410 shares during the period. Hillsdale Investment Management Inc.’s holdings in Uber Technologies were worth $6,042,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Triglav Investments D.O.O. grew its holdings in Uber Technologies by 39.0% in the 4th quarter. Triglav Investments D.O.O. now owns 220,092 shares of the ride-sharing company’s stock valued at $17,984,000 after buying an additional 61,742 shares during the period. Zhang Financial LLC grew its holdings in Uber Technologies by 20.7% in the 4th quarter. Zhang Financial LLC now owns 27,015 shares of the ride-sharing company’s stock valued at $2,207,000 after buying an additional 4,637 shares during the period. Fideuram Asset Management Ireland dac purchased a new stake in Uber Technologies in the 4th quarter valued at about $6,076,000. Blueline Advisors LLC purchased a new stake in Uber Technologies in the 4th quarter valued at about $37,000. Finally, National Pension Service grew its holdings in Uber Technologies by 0.7% in the 4th quarter. National Pension Service now owns 4,471,651 shares of the ride-sharing company’s stock valued at $365,379,000 after buying an additional 32,230 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on UBER shares. Canaccord Genuity Group set a $72.00 price target on Uber Technologies in a report on Thursday, February 5th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. DA Davidson reiterated a “buy” rating and set a $107.00 target price on shares of Uber Technologies in a report on Tuesday, May 26th. Morgan Stanley decreased their target price on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Finally, BTIG Research reiterated a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $104.68.

Read Our Latest Stock Report on UBER

Insiders Place Their Bets

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the transaction, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.81% of the stock is currently owned by corporate insiders.

Uber Technologies News Roundup

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

Uber Technologies Stock Down 0.9%

Shares of NYSE:UBER opened at $70.30 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies, Inc. has a 1 year low of $68.46 and a 1 year high of $101.99. The stock has a market capitalization of $143.10 billion, a P/E ratio of 17.53, a PEG ratio of 5.99 and a beta of 1.16. The stock has a 50-day simple moving average of $73.71 and a 200-day simple moving average of $78.53.

Uber Technologies (NYSE:UBERGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion during 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%.Uber Technologies’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

About Uber Technologies

(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.

Recommended Stories

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBERFree Report).

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

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.