Capital International Sarl Cuts Position in Uber Technologies, Inc. $UBER

Capital International Sarl decreased its holdings in Uber Technologies, Inc. (NYSE:UBERFree Report) by 47.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 12,836 shares of the ride-sharing company’s stock after selling 11,580 shares during the period. Capital International Sarl’s holdings in Uber Technologies were worth $1,049,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies in the third quarter valued at approximately $25,000. Lloyd Advisory Services LLC. purchased a new position in Uber Technologies in the fourth quarter valued at approximately $27,000. Ares Financial Consulting LLC purchased a new position in Uber Technologies in the fourth quarter valued at approximately $28,000. Imprint Wealth LLC purchased a new position in Uber Technologies in the third quarter valued at approximately $32,000. Finally, Blueline Advisors LLC purchased a new position in Uber Technologies in the fourth quarter valued at approximately $37,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on UBER. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. HSBC lowered shares of Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. BTIG Research reiterated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. Finally, Weiss Ratings upgraded shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 28th. 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 company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $104.68.

Read Our Latest Stock Analysis on UBER

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Uber Technologies Stock Up 0.2%

UBER stock opened at $70.84 on Monday. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99. 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 company has a market capitalization of $144.21 billion, a P/E ratio of 17.67, a PEG ratio of 6.01 and a beta of 1.12. The firm has a 50 day simple moving average of $73.53 and a 200-day simple moving average of $77.70.

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 business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities research analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction on Monday, March 16th. The shares were 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 of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 3.81% of the stock is currently owned by corporate insiders.

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.

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

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