Uber Technologies (NYSE:UBER) SVP Nikki Krishnamurthy Sells 30,000 Shares

Uber Technologies, Inc. (NYSE:UBERGet Free Report) SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction on 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 transaction, 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 SEC, which is available through the SEC website.

Uber Technologies Stock Down 1.4%

Shares of UBER stock traded down $1.12 on Wednesday, hitting $76.67. The company’s stock had a trading volume of 13,658,916 shares, compared to its average volume of 20,107,974. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The firm’s fifty day moving average price is $77.23 and its 200-day moving average price is $86.14. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $157.80 billion, a price-to-earnings ratio of 14.73, a P/E/G ratio of 7.13 and a beta of 1.22.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The company had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.Uber Technologies’s quarterly revenue was up 20.1% on a year-over-year basis. During the same period in the prior year, the firm earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Research analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on UBER. Cantor Fitzgerald lowered their price target on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Melius Research set a $73.00 price target on Uber Technologies in a research report on Monday, January 5th. UBS Group set a $111.00 target price on Uber Technologies in a research note on Monday, February 2nd. Mizuho lowered their target price on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Finally, Truist Financial set a $108.00 price objective on Uber Technologies in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $105.29.

Read Our Latest Stock Report on UBER

Institutional Trading of Uber Technologies

A number of institutional investors and hedge funds have recently modified their holdings of UBER. Norges Bank acquired a new stake in Uber Technologies in the 4th quarter valued at $2,515,094,000. Marshall Wace LLP lifted its holdings in shares of Uber Technologies by 1,462.2% during the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after acquiring an additional 6,264,946 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Uber Technologies by 129.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock valued at $776,883,000 after acquiring an additional 5,293,822 shares during the period. Pacer Advisors Inc. boosted its position in Uber Technologies by 1,905.3% in the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock valued at $426,216,000 after buying an additional 4,133,532 shares in the last quarter. Finally, Employees Provident Fund Board acquired a new position in shares of Uber Technologies in the 4th quarter worth approximately $265,205,000. 80.24% of the stock is currently owned by institutional investors.

Key Uber Technologies News

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

Uber Technologies Company Profile

(Get 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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