Uber Technologies, Inc. $UBER Stock Position Raised by Vise Technologies Inc.

Vise Technologies Inc. lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 40.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 118,711 shares of the ride-sharing company’s stock after buying an additional 34,289 shares during the period. Vise Technologies Inc.’s holdings in Uber Technologies were worth $9,700,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of UBER. Rhumbline Advisers increased its stake in shares of Uber Technologies by 1.1% in the third quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock valued at $365,479,000 after purchasing an additional 42,278 shares during the period. Longbow Finance SA grew its holdings in Uber Technologies by 51.8% in the 3rd quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock worth $11,001,000 after buying an additional 38,304 shares in the last quarter. Vanguard Group Inc. grew its holdings in Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after buying an additional 1,670,761 shares in the last quarter. Mach 1 Financial Group LLC acquired a new stake in Uber Technologies in the 4th quarter valued at approximately $1,220,000. Finally, Varma Mutual Pension Insurance Co increased its position in Uber Technologies by 13.8% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 297,892 shares of the ride-sharing company’s stock valued at $29,184,000 after acquiring an additional 36,100 shares during the period. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $72.23 on Friday. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99. The stock has a market cap of $147.04 billion, a price-to-earnings ratio of 18.01, a PEG ratio of 6.10 and a beta of 1.12. The stock’s 50 day moving average price is $73.57 and its 200 day moving average price is $77.85. 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 announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. During the same quarter in the previous year, the company earned $0.83 earnings per share. The firm’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. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on UBER shares. TD Cowen started coverage on Uber Technologies in a research note on Monday, May 11th. They set a “hold” rating on the stock. Mizuho cut their target price on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, February 5th. Wolfe Research set a $100.00 target price on Uber Technologies in a research note on Friday, May 29th. JPMorgan Chase & Co. lifted their target price on Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Canaccord Genuity Group set a $72.00 target price on Uber Technologies in a research note on Thursday, February 5th. One investment 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.68.

View Our Latest Research Report on Uber Technologies

Insider Buying and Selling

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction that occurred 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. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.81% of the stock is currently owned by insiders.

Uber Technologies News Summary

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.

Further Reading

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

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