Tredje AP fonden Grows Position in Uber Technologies, Inc. $UBER

Tredje AP fonden increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 26.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 715,540 shares of the ride-sharing company’s stock after acquiring an additional 150,272 shares during the quarter. Tredje AP fonden’s holdings in Uber Technologies were worth $70,101,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of UBER. Foster Group Inc. boosted its holdings in shares of Uber Technologies by 3.3% during the 3rd quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock valued at $330,000 after purchasing an additional 107 shares during the last quarter. Sage Rhino Capital LLC increased its holdings in shares of Uber Technologies by 4.2% in the third quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock worth $268,000 after purchasing an additional 110 shares during the last quarter. Quent Capital LLC lifted its position in shares of Uber Technologies by 3.3% in the third quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock worth $343,000 after buying an additional 111 shares in the last quarter. Advisors Capital Management LLC lifted its position in shares of Uber Technologies by 1.8% in the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after buying an additional 111 shares in the last quarter. Finally, Emergent Wealth Advisors LLC boosted its stake in Uber Technologies by 0.7% during the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock valued at $1,701,000 after buying an additional 114 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Up 1.1%

Shares of UBER opened at $73.76 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The business has a fifty day moving average of $79.79 and a 200 day moving average of $88.51. The company has a market cap of $151.80 billion, a PE ratio of 15.66, a P/E/G ratio of 6.67 and a beta of 1.21. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The firm had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. During the same period in the prior year, the company posted $3.21 EPS. The company’s revenue 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. On average, sell-side analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares of the company’s stock, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 3.84% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have issued reports on UBER. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research note on Thursday, December 18th. Wedbush cut their target price on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Truist Financial set a $108.00 price target on shares of Uber Technologies in a research report on Monday, February 9th. Erste Group Bank downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Finally, Guggenheim lowered their price objective on shares of Uber Technologies from $135.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.61.

About Uber Technologies

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.