Mesirow Financial Investment Management Inc. Sells 22,517 Shares of Uber Technologies, Inc. $UBER

Mesirow Financial Investment Management Inc. lowered its holdings in Uber Technologies, Inc. (NYSE:UBERFree Report) by 34.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 43,458 shares of the ride-sharing company’s stock after selling 22,517 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Uber Technologies were worth $3,551,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies in the third quarter valued at about $25,000. Ares Financial Consulting LLC bought a new stake in Uber Technologies during the 4th quarter worth about $28,000. Imprint Wealth LLC acquired a new stake in Uber Technologies in the 3rd quarter valued at about $32,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Uber Technologies in the 3rd quarter valued at about $34,000. Finally, Hager Investment Management Services LLC raised its stake in shares of Uber Technologies by 276.2% in the fourth quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company’s stock worth $40,000 after acquiring an additional 359 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

UBER has been the topic of several research analyst reports. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research note on Monday. They set an “outperform” rating on the stock. Wall Street Zen cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Roth Mkm set a $105.00 price objective on Uber Technologies in a report on Thursday, February 5th. Citigroup reiterated a “buy” rating on shares of Uber Technologies in a research report on Tuesday, March 17th. Finally, DA Davidson lifted their target price on Uber Technologies from $105.00 to $107.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $105.11.

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Uber Technologies Price Performance

UBER opened at $74.70 on Friday. The company has a fifty day moving average price of $74.22 and a two-hundred day moving average price of $80.17. The firm has a market capitalization of $152.05 billion, a PE ratio of 18.63, a P/E/G ratio of 5.76 and a beta of 1.16. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the prior year, the business posted $0.83 EPS. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, analysts anticipate that Uber Technologies, Inc. will post 3.25 earnings per share for the current year.

Insider Transactions at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’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 completion of the transaction, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.81% of the company’s stock.

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.

See Also

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

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