Motley Fool Asset Management LLC Has $15.89 Million Stock Holdings in Uber Technologies, Inc. $UBER

Motley Fool Asset Management LLC increased its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 35.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,471 shares of the ride-sharing company’s stock after purchasing an additional 50,554 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Uber Technologies were worth $15,890,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in UBER. Norges Bank bought a new stake in Uber Technologies during the 4th quarter worth approximately $2,515,094,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Uber Technologies by 129.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after acquiring an additional 5,293,822 shares during the last quarter. Capital Research Global Investors grew its holdings in Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after acquiring an additional 2,903,021 shares during the last quarter. Egerton Capital UK LLP bought a new stake in Uber Technologies during the 4th quarter worth approximately $219,079,000. Finally, Massachusetts Financial Services Co. MA grew its holdings in Uber Technologies by 65.2% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company’s stock worth $400,596,000 after acquiring an additional 1,935,832 shares during the last quarter. 80.24% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. The Goldman Sachs Group set a $115.00 target price on shares of Uber Technologies in a report on Thursday, May 7th. Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 28th. Truist Financial upped their price objective on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Wolfe Research set a $100.00 price objective on shares of Uber Technologies in a research note on Friday, May 29th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $107.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $104.68.

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Insider Activity at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 3.81% of the stock is currently owned by corporate insiders.

Key Uber Technologies News

Here are the key news stories impacting Uber Technologies this week:

Uber Technologies Stock Up 0.5%

Shares of NYSE UBER opened at $70.43 on Wednesday. The firm has a market cap of $143.36 billion, a PE ratio of 17.56, a P/E/G ratio of 5.96 and a beta of 1.12. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99. The company’s fifty day simple moving average is $73.54 and its 200 day simple moving average is $77.42. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBERGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm 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 company posted $0.83 earnings per share. The business’s 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, sell-side analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

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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