Egerton Capital UK LLP Purchases New Shares in Uber Technologies, Inc. $UBER

Egerton Capital UK LLP purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) during the fourth quarter, Holdings Channel.com reports. The fund purchased 2,681,172 shares of the ride-sharing company’s stock, valued at approximately $219,079,000. Uber Technologies accounts for approximately 2.4% of Egerton Capital UK LLP’s portfolio, making the stock its 17th largest position.

A number of other large investors also recently made changes to their positions in UBER. Brighton Jones LLC lifted its position in shares of Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after purchasing an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after acquiring an additional 6,129 shares during the period. Bison Wealth LLC raised its position in Uber Technologies by 20.3% in the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after acquiring an additional 641 shares during the period. Caxton Associates LLP bought a new stake in Uber Technologies in the first quarter worth about $304,000. Finally, Schnieders Capital Management LLC. bought a new stake in Uber Technologies in the second quarter worth about $842,000. 80.24% of the stock is owned by institutional investors.

Uber Technologies Stock Up 0.2%

Shares of NYSE:UBER opened at $70.84 on Monday. The firm has a fifty day moving average price of $73.53 and a two-hundred day moving average price of $77.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a one year low of $68.46 and a one year high of $101.99. The company has a market cap of $144.21 billion, a price-to-earnings ratio of 17.67, a PEG ratio of 6.01 and a beta of 1.12.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $13.28 billion. During the same period last year, the firm earned $0.83 EPS. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Insider Buying and Selling

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction that occurred 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.81% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

UBER has been the topic of several research reports. Royal Bank Of Canada started coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating on the stock. HSBC lowered shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. DA Davidson reissued a “buy” rating and issued a $107.00 price target on shares of Uber Technologies in a research report on Tuesday, May 26th. TD Cowen started coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued a “hold” rating on the stock. Finally, Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $104.68.

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Uber Technologies News Summary

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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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