Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 3.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 483,315 shares of the ride-sharing company’s stock after selling 17,470 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Uber Technologies were worth $39,492,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the company. Advisors Capital Management LLC grew its position in Uber Technologies by 1.8% during the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after buying an additional 111 shares in the last quarter. Stelac Advisory Services LLC grew its position in Uber Technologies by 10.4% during the third quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock worth $121,000 after buying an additional 117 shares in the last quarter. Smithfield Trust Co grew its position in Uber Technologies by 8.3% during the third quarter. Smithfield Trust Co now owns 1,532 shares of the ride-sharing company’s stock worth $151,000 after buying an additional 118 shares in the last quarter. Oxinas Partners Wealth Management LLC grew its position in Uber Technologies by 1.3% during the third quarter. Oxinas Partners Wealth Management LLC now owns 9,423 shares of the ride-sharing company’s stock worth $923,000 after buying an additional 122 shares in the last quarter. Finally, Cadence Bank grew its position in Uber Technologies by 1.7% during the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after buying an additional 122 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.
Uber Technologies Stock Down 0.9%
NYSE UBER opened at $70.30 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock’s 50 day moving average is $73.71 and its two-hundred day moving average is $78.53. The company has a market capitalization of $143.10 billion, a price-to-earnings ratio of 17.53, a PEG ratio of 5.99 and a beta of 1.16. Uber Technologies, Inc. has a 1-year low of $68.46 and a 1-year high of $101.99.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber unveiled a $49 shuttle service for FIFA World Cup matches across major U.S. venues, a move that could boost rides demand and strengthen Uber’s event-driven transportation business. Uber Plans $49 Shuttle for New York-New Jersey World Cup Matches
- Positive Sentiment: Uber is partnering with hotel platform Mews to integrate into 15,000 hotels worldwide, expanding its reach with travelers and potentially creating more booking-driven ride volume. Uber wants to answer the hotel industry’s most asked question. Now it’s integrating into 15,000 hotels globally
- Neutral Sentiment: SRx Health Solutions disclosed a new investment in Uber as part of its portfolio update, which adds another data point of outside investor interest but is not a direct operating catalyst. SRx Health Solutions Invests in Uber Technologies, Inc. and Provides Shareholders with Portfolio Update
- Negative Sentiment: Uber reportedly raised its stake in Delivery Hero to about 36.83% and is said to be exploring a takeover, which may increase strategic optionality but also raises concerns about cash use, integration risk, and capital allocation. Uber raises Delivery Hero stake, increasing takeover odds
- Negative Sentiment: Reports that Uber exhausted its full-year 2026 AI budget early underscore rising cost pressure in technology spending, which could weigh on margins if AI investment continues to escalate. Token Shock Hits Silicon Valley’s Biggest Spenders
Wall Street Analyst Weigh In
UBER has been the topic of a number of recent research reports. Guggenheim reissued a “buy” rating and set a $125.00 target price on shares of Uber Technologies in a research report on Monday, April 27th. Wells Fargo & Company lifted their target price on Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research report on Thursday, February 5th. Wedbush decreased their target price on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Finally, Needham & Company LLC reissued a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $104.68.
View Our Latest Stock Report on Uber Technologies
Insiders Place Their Bets
In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction that occurred on 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 sale, the senior vice president directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.81% of the company’s stock.
Uber Technologies Company 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.
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