Uber Technologies, Inc. $UBER Shares Purchased by IFP Advisors Inc

IFP Advisors Inc increased its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 13.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,767 shares of the ride-sharing company’s stock after purchasing an additional 7,543 shares during the period. IFP Advisors Inc’s holdings in Uber Technologies were worth $5,047,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of UBER. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the 3rd quarter worth approximately $25,000. Ares Financial Consulting LLC acquired a new position in shares of Uber Technologies during the 4th quarter worth approximately $28,000. Imprint Wealth LLC acquired a new position in shares of Uber Technologies during the 3rd quarter worth approximately $32,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in Uber Technologies in the 3rd quarter worth approximately $34,000. Finally, Hager Investment Management Services LLC grew its stake in Uber Technologies by 276.2% in the 4th quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company’s stock worth $40,000 after acquiring an additional 359 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s 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 completion of the sale, the senior vice president directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The shares were bought at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is owned by insiders.

Uber Technologies News Summary

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

Wall Street Analyst Weigh In

Several analysts have commented on the stock. BTIG Research reaffirmed a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, March 17th. Cantor Fitzgerald lowered their target price on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Stifel Nicolaus lowered their target price on shares of Uber Technologies from $122.00 to $105.00 and set a “buy” rating for the company in a research note on Tuesday, January 27th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, April 28th. Finally, Citigroup reaffirmed a “buy” rating on shares of Uber Technologies in a research note on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $105.11.

Read Our Latest Stock Report on UBER

Uber Technologies Stock Up 0.8%

Shares of NYSE UBER opened at $74.66 on Thursday. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The firm has a fifty day moving average of $74.18 and a 200-day moving average of $79.57. The stock has a market capitalization of $151.97 billion, a PE ratio of 18.62, a P/E/G ratio of 6.30 and a beta of 1.16. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings data 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. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. During the same period in the previous year, the company 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. On average, analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Uber Technologies 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.

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

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