Cumberland Partners Ltd Acquires 45,000 Shares of Uber Technologies, Inc. $UBER

Cumberland Partners Ltd boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 75.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 105,000 shares of the ride-sharing company’s stock after purchasing an additional 45,000 shares during the period. Cumberland Partners Ltd’s holdings in Uber Technologies were worth $8,580,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new stake in Uber Technologies during the third quarter worth $25,000. Imprint Wealth LLC bought a new stake in Uber Technologies during the third quarter worth $32,000. Lloyd Advisory Services LLC. bought a new stake in Uber Technologies during the fourth quarter worth $27,000. Ares Financial Consulting LLC bought a new stake in Uber Technologies during the fourth quarter worth $28,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Uber Technologies during the third quarter worth $34,000. 80.24% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UBER has been the subject of several research analyst reports. Cantor Fitzgerald lowered their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. US Capital Advisors set a $95.00 price target on shares of Uber Technologies in a report on Monday, May 11th. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating for the company. DA Davidson upped their price target on shares of Uber Technologies from $105.00 to $107.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $104.97.

Insiders Place Their Bets

In related news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was acquired at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the acquisition, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.81% of the company’s stock.

More Uber Technologies News

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 Performance

NYSE UBER opened at $71.87 on Friday. The company has a market capitalization of $146.31 billion, a price-to-earnings ratio of 17.92, a PEG ratio of 6.26 and a beta of 1.16. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99. The stock has a fifty day simple moving average of $74.14 and a 200 day simple moving average of $79.36. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

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