Uber Technologies, Inc. $UBER Shares Sold by Herbst Group LLC

Herbst Group LLC decreased its position in Uber Technologies, Inc. (NYSE:UBERFree Report) by 23.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,650 shares of the ride-sharing company’s stock after selling 7,950 shares during the period. Herbst Group LLC’s holdings in Uber Technologies were worth $2,178,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the third quarter valued at approximately $25,000. Kilter Group LLC bought a new position in Uber Technologies in the 2nd quarter worth approximately $26,000. Westend Capital Management LLC bought a new position in Uber Technologies in the 3rd quarter worth approximately $27,000. Total Investment Management Inc. acquired a new stake in Uber Technologies in the 2nd quarter valued at approximately $32,000. Finally, Imprint Wealth LLC acquired a new stake in Uber Technologies in the 3rd quarter valued at approximately $32,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the acquisition, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction 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 sale, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.84% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

UBER has been the subject of a number of analyst reports. Canaccord Genuity Group set a $72.00 price target on Uber Technologies in a research report on Thursday, February 5th. DA Davidson lowered their price target on Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. BNP Paribas Exane assumed coverage on shares of Uber Technologies in a research note on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price objective on the stock. Guggenheim reduced their price objective on shares of Uber Technologies from $135.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Finally, Wolfe Research decreased their target price on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.14.

Check Out Our Latest Report on Uber Technologies

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $71.77 on Thursday. The stock has a fifty day moving average price of $74.70 and a two-hundred day moving average price of $84.64. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market cap of $146.62 billion, a P/E ratio of 15.24, a PEG ratio of 6.58 and a beta of 1.21. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last released its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The business had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter in the previous year, the firm earned $3.21 earnings per share. The firm’s revenue for the quarter was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Key Stories Impacting Uber Technologies

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

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.

Featured Stories

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

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