Moore Capital Management LP grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 570.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 355,867 shares of the ride-sharing company’s stock after buying an additional 302,815 shares during the quarter. Moore Capital Management LP’s holdings in Uber Technologies were worth $29,078,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Maia Wealth LLC boosted its stake in shares of Uber Technologies by 9.3% during the 4th quarter. Maia Wealth LLC now owns 3,071 shares of the ride-sharing company’s stock valued at $251,000 after buying an additional 261 shares during the last quarter. III Capital Management lifted its stake in Uber Technologies by 35.8% during the fourth quarter. III Capital Management now owns 49,313 shares of the ride-sharing company’s stock worth $4,029,000 after purchasing an additional 13,000 shares during the last quarter. Investment Management Corp of Ontario lifted its stake in Uber Technologies by 24.6% during the fourth quarter. Investment Management Corp of Ontario now owns 207,530 shares of the ride-sharing company’s stock worth $16,957,000 after purchasing an additional 40,958 shares during the last quarter. Iron Gate Global Advisors LLC lifted its stake in Uber Technologies by 2.8% during the fourth quarter. Iron Gate Global Advisors LLC now owns 453,976 shares of the ride-sharing company’s stock worth $37,095,000 after purchasing an additional 12,339 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its stake in Uber Technologies by 16.7% during the fourth quarter. Janus Henderson Group PLC now owns 6,807,908 shares of the ride-sharing company’s stock worth $556,228,000 after purchasing an additional 975,877 shares during the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.
Uber Technologies Price Performance
Shares of NYSE UBER opened at $70.97 on Thursday. Uber Technologies, Inc. has a 1-year low of $67.19 and a 1-year 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 business’s fifty day moving average price is $73.44 and its two-hundred day moving average price is $76.85. The firm has a market capitalization of $144.47 billion, a PE ratio of 17.70, a P/E/G ratio of 6.23 and a beta of 1.12.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber and WeRide announced plans to launch commercial robotaxi service in Zurich later this year, expanding their European autonomous-ride-hailing rollout after Madrid and signaling continued progress toward scaled robotaxi deployment. Article Title
- Positive Sentiment: Uber, Lucid and Nuro said they will bring robotaxi service to Houston in 2027, another sign that Uber is broadening its autonomous mobility network and moving closer to commercialization. Article Title
- Positive Sentiment: Analysts remain constructive on Uber’s earnings outlook, with Tigress Financial raising its price target to $115 from $110, reinforcing expectations for strong multi-year profit growth. Article Title
- Neutral Sentiment: Uber also announced a partnership with Stellantis and Wayve to scale robotaxi services globally, which supports the autonomous strategy but is still in the early, execution-dependent phase. Article Title
- Negative Sentiment: Recent coverage noted Uber shares slipped more than the broader market, and a separate investigation into “fictitious discounts” and dynamic pricing could weigh on sentiment if it renews regulatory or consumer scrutiny. Article Title
Analysts Set New Price Targets
Several brokerages recently issued reports on UBER. UBS Group cut Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. raised their price objective on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Wolfe Research set a $100.00 price objective on Uber Technologies in a research note on Friday, May 29th. Guggenheim restated a “buy” rating on shares of Uber Technologies in a research note on Tuesday, June 9th. Finally, Royal Bank Of Canada began coverage on Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.
View Our Latest Analysis on Uber Technologies
Uber Technologies 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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