Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust Purchases New Position in Uber Technologies, Inc. $UBER

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBERFree 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.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company’s revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

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

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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.

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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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