Uber Technologies, Inc. $UBER Shares Purchased by Edgemoor Investment Advisors Inc.

Edgemoor Investment Advisors Inc. raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 25.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,105 shares of the ride-sharing company’s stock after acquiring an additional 8,029 shares during the period. Edgemoor Investment Advisors Inc.’s holdings in Uber Technologies were worth $3,195,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the third quarter valued at $25,000. Imprint Wealth LLC acquired a new stake in Uber Technologies in the third quarter worth about $32,000. Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies in the fourth quarter worth about $27,000. Ares Financial Consulting LLC acquired a new stake in Uber Technologies in the fourth quarter worth about $28,000. Finally, Blueline Advisors LLC bought a new position in Uber Technologies in the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Down 0.9%

Shares of NYSE:UBER opened at $70.30 on Friday. The firm has a 50 day simple moving average of $73.71 and a 200 day simple moving average of $78.53. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $143.10 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 6.03 and a beta of 1.16.

Uber Technologies (NYSE:UBERGet Free Report) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.03. The company had revenue of $13.20 billion for 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 company’s revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Insider Buying and Selling at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.81% of the company’s stock.

Uber Technologies News Summary

Here are the key news stories impacting Uber Technologies this week:

Wall Street Analysts Forecast Growth

Several equities analysts have commented on UBER shares. HSBC cut shares of Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a research note on Tuesday. Finally, TD Cowen started coverage on Uber Technologies in a report on Monday, May 11th. They set a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned 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, the company presently has an average rating of “Moderate Buy” and an average target price of $104.68.

View Our Latest Stock Analysis on UBER

Uber Technologies Company Profile

(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.

See Also

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

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