OVERSEA CHINESE BANKING Corp Ltd lifted its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 113.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 39,139 shares of the ride-sharing company’s stock after purchasing an additional 20,824 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Uber Technologies were worth $3,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Novem Group boosted its stake in shares of Uber Technologies by 4.5% in the 4th quarter. Novem Group now owns 14,603 shares of the ride-sharing company’s stock worth $1,193,000 after buying an additional 626 shares during the last quarter. Greystone Financial Group LLC boosted its stake in shares of Uber Technologies by 9.7% in the 4th quarter. Greystone Financial Group LLC now owns 29,794 shares of the ride-sharing company’s stock worth $2,434,000 after buying an additional 2,642 shares during the last quarter. Private Wealth Partners LLC boosted its stake in shares of Uber Technologies by 6.1% in the 4th quarter. Private Wealth Partners LLC now owns 2,592 shares of the ride-sharing company’s stock worth $212,000 after buying an additional 150 shares during the last quarter. Checchi Capital Advisers LLC boosted its stake in shares of Uber Technologies by 6.6% in the 4th quarter. Checchi Capital Advisers LLC now owns 5,973 shares of the ride-sharing company’s stock worth $488,000 after buying an additional 372 shares during the last quarter. Finally, Legacy Advisors LLC boosted its stake in shares of Uber Technologies by 0.5% in the 4th quarter. Legacy Advisors LLC now owns 100,073 shares of the ride-sharing company’s stock worth $8,177,000 after buying an additional 500 shares during the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.
Uber Technologies Price Performance
NYSE:UBER opened at $75.65 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The business’s 50-day simple moving average is $73.47 and its two-hundred day simple moving average is $82.17. The stock has a market cap of $154.56 billion, a PE ratio of 16.06, a P/E/G ratio of 7.07 and a beta of 1.21. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber disclosed a materially larger economic commitment to Lucid — an ~11.5% stake and an expanded robotaxi order (35,000 vehicles) alongside Lucid’s ~$1.05B financing — which signals stronger strategic backing for Uber’s AV roadmap and potential fleet supply for future robo‑taxis. Lucid Sees Uber Raise Stake, Expands Robotaxi Commitment
- Positive Sentiment: Uber and Block expanded a global partnership to bring Square’s Uber Eats integrations internationally and introduce Cash App Pay in the U.S., a move that could boost payments revenue, restaurant integrations and monetization of Eats. Uber and Block Expand Global Partnership to Transform Restaurant Operations and Launch Cash App Pay
- Positive Sentiment: Coco Robotics launched autonomous delivery on Uber Eats in San Jose, expanding robot delivery coverage — a small but incremental step toward lower last‑mile costs and greener delivery options. Coco Robotics Launches with Uber Eats in San Jose
- Positive Sentiment: Analyst optimism (TD Cowen cited as an example) is backing upside scenarios — bullish forecasts highlight strong booking trends, Delivery growth and AV partnerships as drivers of significant upside. Uber (UBER) Stock: Analyst Projects 47% Rally on Strong Booking Trends
- Neutral Sentiment: Coverage notes the stock is falling even as parts of the market rally — useful context but not by itself a catalyst beyond investor positioning. Uber Technologies (UBER) Stock Drops Despite Market Gains
- Negative Sentiment: A federal jury found Uber liable in a bellwether assault trial and awarded damages; more than 3,000 similar claims remain in multidistrict litigation — a headline that raises legal exposure and potential settlement costs. Federal Jury Once Again Finds Uber Responsible for Driver Assault
- Negative Sentiment: Local and state litigation/regulatory pressure: a Seattle report disputes Uber’s claims about gig-worker pay effects, and separate lawsuits allege Uber is skirting California protections — these increase the risk of higher labor costs or adverse rulings. Seattle report says gig worker pay law is working
- Negative Sentiment: Investor debate over Uber’s large AV push — coverage highlights a potential $10B investment pivot that could be a long‑term growth vector but also a near‑term margin and capital allocation risk. Uber’s AV Pivot: Growth Opportunity or Margin Risk?
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on UBER. DA Davidson dropped their price target on Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. Canaccord Genuity Group set a $72.00 target price on Uber Technologies in a report on Thursday, February 5th. JPMorgan Chase & Co. decreased their target price on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Stifel Nicolaus decreased their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Finally, Melius Research set a $73.00 target price on Uber Technologies in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $105.14.
View Our Latest Report on Uber Technologies
Insider Transactions at Uber Technologies
In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were acquired at an average cost of $71.25 per share, for a total transaction 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 trade represents a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.81% of the stock is owned by company insiders.
Uber Technologies Company Profile
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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