RPg Family Wealth Advisory LLC decreased its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 15.2% during the 4th quarter, Holdings Channel reports. The firm owned 101,727 shares of the ride-sharing company’s stock after selling 18,176 shares during the quarter. Uber Technologies makes up approximately 1.8% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its 21st largest position. RPg Family Wealth Advisory LLC’s holdings in Uber Technologies were worth $8,312,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also modified their holdings of the stock. Empire Financial Management Company LLC grew its position in shares of Uber Technologies by 1.4% in the fourth quarter. Empire Financial Management Company LLC now owns 23,659 shares of the ride-sharing company’s stock valued at $1,933,000 after purchasing an additional 321 shares during the period. Laurel Oak Wealth Management LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at about $226,000. Empirical Finance LLC grew its position in shares of Uber Technologies by 3.7% in the fourth quarter. Empirical Finance LLC now owns 12,981 shares of the ride-sharing company’s stock valued at $1,061,000 after purchasing an additional 467 shares during the period. Comgest Global Investors S.A.S. grew its position in shares of Uber Technologies by 513.8% in the fourth quarter. Comgest Global Investors S.A.S. now owns 888,096 shares of the ride-sharing company’s stock valued at $72,566,000 after purchasing an additional 743,400 shares during the period. Finally, Rossby Financial LCC grew its position in shares of Uber Technologies by 238.5% in the fourth quarter. Rossby Financial LCC now owns 3,581 shares of the ride-sharing company’s stock valued at $293,000 after purchasing an additional 2,523 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.
Uber Technologies Price Performance
Shares of UBER stock opened at $68.67 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The firm’s 50-day moving average is $73.41 and its two-hundred day moving average is $77.16. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99. The company has a market capitalization of $139.79 billion, a PE ratio of 17.13, a price-to-earnings-growth ratio of 5.91 and a beta of 1.12.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
- Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
- Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
- Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
- Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?
Insider Buying and Selling
In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies 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 transaction, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 3.81% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on UBER shares. Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a research report on Tuesday. Wolfe Research set a $100.00 price target on shares of Uber Technologies in a research note on Friday, May 29th. Tigress Financial raised their price target on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday. Piper Sandler raised their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, DA Davidson reissued a “buy” rating and issued a $107.00 price target on shares of Uber Technologies in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and an average target price of $104.97.
Check Out Our Latest Stock Report on Uber Technologies
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.
Recommended Stories
- Five stocks we like better than Uber Technologies
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
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.
