Capital International Investors increased its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 15.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,677,371 shares of the ride-sharing company’s stock after buying an additional 363,374 shares during the quarter. Capital International Investors’ holdings in Uber Technologies were worth $218,768,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UBER. Brighton Jones LLC grew its position in Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after buying an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after buying an additional 6,129 shares during the last quarter. Bison Wealth LLC grew its position in Uber Technologies by 20.3% in the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after buying an additional 641 shares during the last quarter. Caxton Associates LLP acquired a new position in Uber Technologies in the first quarter worth approximately $304,000. Finally, Schnieders Capital Management LLC. acquired a new position in Uber Technologies in the second quarter worth approximately $842,000. Institutional investors own 80.24% of the company’s stock.
Insider Transactions at Uber Technologies
In other Uber Technologies 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 value of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This represents 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. 3.81% of the stock is currently owned by insiders.
Uber Technologies Trading Down 0.8%
Uber Technologies (NYSE:UBER – Get Free Report) last released its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the prior year, the firm earned $0.83 EPS. The company’s 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. Research analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current year.
Wall Street Analyst Weigh In
UBER has been the topic of several recent research reports. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research report on Monday, June 1st. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. The Goldman Sachs Group set a $115.00 price target on shares of Uber Technologies in a research report on Thursday, May 7th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, April 28th. Finally, Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $104.68.
Check Out Our Latest Research Report on Uber Technologies
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber opened a waitlist/sign-up process for its planned London robotaxi rollout with Wayve, reinforcing that autonomous vehicles remain a key growth driver and showing progress toward a launch in the coming months. Uber, Wayve and Waymo are headed towards a robotaxi showdown in London
- Positive Sentiment: Uber’s broader AI and automation efforts were highlighted as a productivity boost, with commentary suggesting the company can grow sales while hiring fewer people, which could support margins over time. Huge News for Uber Stock Investors
- Positive Sentiment: A bullish valuation piece argued Uber still looks reasonably attractive because of its growth, solid cash flow, strong margins, and relatively low debt, which may support the stock if investors focus on fundamentals. Is Uber Stock Poised For A Rally?
- Neutral Sentiment: Consumer-sector trading was mixed, so broader market moves do not appear to be a clear single driver for Uber shares today. Sector Update: Consumer Stocks Mixed in Afternoon Trading
- Neutral Sentiment: Late-afternoon consumer-sector trading remained mixed, suggesting no strong sector tailwind or headwind for Uber. Sector Update: Consumer Stocks Mixed Late Afternoon
- Negative Sentiment: Uber’s attempted move involving Delivery Hero is facing pushback from a Saudi startup, raising concerns about deal execution, regulatory friction, and potential delays to its food-delivery expansion strategy. Uber Delivery Hero Dispute Puts Expansion And Valuation Thesis Under Scrutiny
- Negative Sentiment: The Delivery Hero challenge adds another overhang to Uber’s expansion narrative and may keep investors cautious until there is more clarity on the deal path. Update: Market Chatter: Uber’s Delivery Hero Pursuit Faces Challenge From Saudi Startup
Uber Technologies 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.
Featured Stories
- Five stocks we like better than Uber Technologies
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER – Free Report).
Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
