Kidder Stephen W increased its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 52.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 32,665 shares of the ride-sharing company’s stock after acquiring an additional 11,295 shares during the quarter. Uber Technologies comprises 0.9% of Kidder Stephen W’s investment portfolio, making the stock its 27th largest holding. Kidder Stephen W’s holdings in Uber Technologies were worth $3,200,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in UBER. Kilter Group LLC bought a new stake in shares of Uber Technologies in the second quarter valued at approximately $26,000. Westend Capital Management LLC bought a new position in Uber Technologies in the 3rd quarter worth approximately $27,000. Total Investment Management Inc. purchased a new position in Uber Technologies in the 2nd quarter valued at approximately $32,000. Pilgrim Partners Asia Pte Ltd bought a new stake in Uber Technologies during the 3rd quarter valued at $34,000. Finally, Howard Hughes Medical Institute bought a new stake in Uber Technologies during the 2nd quarter valued at $42,000. 80.24% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Uber Technologies
In other news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the sale, the insider owned 176,584 shares in the company, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 3.84% of the company’s stock.
Uber Technologies Stock Performance
Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter last year, the company posted $3.21 earnings per share. The firm’s revenue for the quarter was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities analysts have recently commented on UBER shares. Truist Financial set a $108.00 price target on Uber Technologies in a report on Monday, February 9th. The Goldman Sachs Group set a $125.00 price objective on Uber Technologies in a report on Wednesday, February 4th. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research note on Thursday, December 18th. Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 price target on shares of Uber Technologies in a research report on Thursday, February 5th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $104.61.
Read Our Latest Report on UBER
Uber Technologies 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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