Uber Technologies, Inc. $UBER Shares Purchased by Varma Mutual Pension Insurance Co

Varma Mutual Pension Insurance Co grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 13.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 297,892 shares of the ride-sharing company’s stock after buying an additional 36,100 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Uber Technologies were worth $29,184,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in UBER. Westend Capital Management LLC purchased a new stake in Uber Technologies during the 3rd quarter worth $27,000. Kilter Group LLC acquired a new position in shares of Uber Technologies during the second quarter worth about $26,000. Total Investment Management Inc. purchased a new stake in shares of Uber Technologies in the second quarter worth about $32,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Uber Technologies in the third quarter worth about $34,000. Finally, True Wealth Design LLC grew its stake in shares of Uber Technologies by 38.6% in the third quarter. True Wealth Design LLC now owns 424 shares of the ride-sharing company’s stock valued at $42,000 after buying an additional 118 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the sale, the insider directly owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders sold 9,375 shares of company stock valued at $799,875. 3.84% of the stock is currently owned by insiders.

Trending Headlines about Uber Technologies

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Uber Technologies Price Performance

UBER opened at $71.01 on Thursday. The company has a market capitalization of $147.54 billion, a P/E ratio of 15.08, a PEG ratio of 6.72 and a beta of 1.21. The company has a 50-day moving average of $82.14 and a 200-day moving average of $89.33. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.15 and a current ratio of 1.14. 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 posted its quarterly 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). The firm had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter last year, the business posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UBER has been the topic of several recent research reports. Barclays reduced their price target on Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $108.00 price objective on shares of Uber Technologies in a research note on Wednesday, October 29th. TD Cowen reissued a “buy” rating on shares of Uber Technologies in a research report on Wednesday, November 5th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $105.00 price target on shares of Uber Technologies in a report on Thursday, February 5th. Finally, BNP Paribas Exane started coverage on shares of Uber Technologies in a research note on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $104.89.

View Our Latest Research Report on UBER

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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