Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) in the 4th quarter, Holdings Channel reports. The fund purchased 82,403 shares of the ride-sharing company’s stock, valued at approximately $6,733,000. Uber Technologies comprises approximately 1.8% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings, making the stock its 23rd biggest position.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies in the third quarter worth approximately $25,000. Imprint Wealth LLC purchased a new stake in Uber Technologies in the third quarter worth approximately $32,000. Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies in the fourth quarter worth approximately $27,000. Ares Financial Consulting LLC purchased a new stake in Uber Technologies in the fourth quarter worth approximately $28,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in Uber Technologies in the third quarter worth approximately $34,000. Institutional investors own 80.24% of the company’s stock.
Uber Technologies Trading Up 0.9%
Shares of Uber Technologies stock opened at $70.79 on Thursday. The company’s fifty day simple moving average is $73.98 and its 200-day simple moving average is $78.74. The stock has a market capitalization of $144.09 billion, a PE ratio of 17.65, a P/E/G ratio of 5.96 and a beta of 1.16. Uber Technologies, Inc. has a 1-year low of $68.46 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.
Insider Buying and Selling at Uber Technologies
In other 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 transaction of $2,233,500.00. Following the transaction, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.81% of the stock is owned by corporate insiders.
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber increased its stake in Delivery Hero to 36.83% and boosted its voting rights to 24.99%, reinforcing takeover expectations and signaling an aggressive push into global food delivery. Uber Grabs Bigger Delivery Hero Stake to Edge Closer to Takeover
- Positive Sentiment: Uber was mentioned in reports about a strategic partnership with Mews that embeds Uber ride-booking and billing into hotel software, which could expand distribution and create new enterprise demand. Hotel Platform Mews Embeds Uber to Transport Guests and Staff
- Positive Sentiment: Uber also saw unusually heavy call buying, which can reflect traders positioning for further upside after the recent takeover news.
- Neutral Sentiment: Jim Cramer named Uber among stocks he would buy, adding a small sentiment boost but no direct business catalyst. Cramer On DoorDash: ‘They Just Want Semis’ — Uber, Reddit, Zscaler Caught In The Same Rotation
- Neutral Sentiment: Uber and JSW announced a collaboration to speed EV adoption in India, which supports the company’s mobility strategy but is not a major near-term earnings driver. JSW and Uber partner to accelerate EV adoption in India
- Negative Sentiment: Uber is facing renewed scrutiny over its AI spending, with executives questioning whether rapid costs are producing enough customer value, which raises margin concerns. Uber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it’s worth it
- Negative Sentiment: Consumer complaints about Uber One membership charges and a report questioning Uber’s insurance disclosures add reputational and regulatory overhang. Upset Uber customers charged for monthly memberships they say they never signed up for
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on UBER. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a report on Monday, May 11th. HSBC cut shares of Uber Technologies to a “reduce” rating in a report on Monday, May 11th. Canaccord Genuity Group set a $72.00 target price on shares of Uber Technologies in a report on Thursday, February 5th. Piper Sandler raised their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Needham & Company LLC restated a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a report on Thursday, May 7th. One 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $104.97.
About Uber Technologies
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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