Choate Investment Advisors Raises Stake in Uber Technologies, Inc. $UBER

Choate Investment Advisors boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 1,906.6% during the 4th quarter, HoldingsChannel reports. The firm owned 91,079 shares of the ride-sharing company’s stock after purchasing an additional 86,540 shares during the period. Choate Investment Advisors’ holdings in Uber Technologies were worth $7,442,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of UBER. Brighton Jones LLC grew its position in Uber Technologies by 3.4% during the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after purchasing an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of 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 valued at $939,000 after acquiring an additional 6,129 shares in the last quarter. Bison Wealth LLC boosted its holdings in shares of Uber Technologies by 20.3% in the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after acquiring an additional 641 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of Uber Technologies in the first quarter valued at about $304,000. Finally, Schnieders Capital Management LLC. purchased a new stake in shares of Uber Technologies in the second quarter valued at about $842,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on UBER shares. Mizuho lowered their target price on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Wedbush lowered their target price on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Guggenheim reaffirmed a “buy” rating and issued a $125.00 target price on shares of Uber Technologies in a report on Monday, April 27th. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a report on Thursday, February 5th. Finally, Royal Bank Of Canada started coverage on shares of Uber Technologies in a report on Monday, May 11th. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $104.97.

Insider Transactions at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’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 sale, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the acquisition, the chief financial officer owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is currently owned by insiders.

Uber Technologies News Summary

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

• Positive Sentiment: Uber is reportedly considering a full acquisition of Delivery Hero, a move that could broaden its global food-delivery scale and improve its competitive position outside the U.S. Uber explores takeover of European food delivery rival Delivery Hero – Bloomberg
• Positive Sentiment: Analysts and media coverage also pointed to strong underlying business momentum, with Uber’s gross bookings still growing and its Q2 guidance implying continued demand in Mobility and Delivery. Sustained Gross Bookings Momentum Benefits Uber: What Lies Ahead?
• Positive Sentiment: Uber’s autonomous-vehicle strategy remains a key long-term catalyst, with Nvidia saying its partnership could help power robotaxi expansion across nearly 30 cities and four continents by 2028. Jensen Huang Says Nvidia Is Powering Uber’s Push Into Trillion-Dollar Self-Driving Opportunity Across 30 Cities
• Neutral Sentiment: Uber was also linked to broader commentary on its post-earnings outlook and autonomous push, but these pieces were more thematic than immediately stock-moving. What’s next for Uber after Q1 earnings and its aggressive autonomous push?
• Negative Sentiment: Investor caution increased because a takeover of Delivery Hero could require significant spending and may distract from Uber’s push for profitability and disciplined capital deployment. Uber considers full takeover of Delivery Hero in major expansion move: Report
• Negative Sentiment: Separate headlines about potential liability and insurance issues around Uber’s driver accidents added to regulatory and reputational concerns. Consumer Watchdog Report: Uber Plan To Limit Accident Liability Aims To Free Up Insurance Reserves

Uber Technologies Stock Up 0.1%

UBER stock opened at $71.87 on Monday. The company has a market cap of $146.31 billion, a P/E ratio of 17.92, a P/E/G ratio of 6.11 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’s 50-day moving average price is $74.14 and its 200 day moving average price is $79.21. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

About Uber Technologies

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.