Royal London Asset Management Ltd. lessened its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,001,161 shares of the ride-sharing company’s stock after selling 8,077 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Uber Technologies were worth $81,805,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of UBER. Boston Family Office LLC raised its holdings in Uber Technologies by 68.9% in the fourth quarter. Boston Family Office LLC now owns 4,478 shares of the ride-sharing company’s stock valued at $366,000 after acquiring an additional 1,827 shares in the last quarter. Clarkston Capital Partners LLC acquired a new stake in Uber Technologies in the fourth quarter valued at approximately $1,704,000. Broadleaf Partners LLC raised its holdings in Uber Technologies by 0.5% in the fourth quarter. Broadleaf Partners LLC now owns 95,041 shares of the ride-sharing company’s stock valued at $7,766,000 after acquiring an additional 430 shares in the last quarter. Cloverfields Capital Group LP raised its holdings in Uber Technologies by 32.8% in the fourth quarter. Cloverfields Capital Group LP now owns 76,003 shares of the ride-sharing company’s stock valued at $6,210,000 after acquiring an additional 18,787 shares in the last quarter. Finally, Titan Investment Solutions Ltd acquired a new stake in Uber Technologies in the fourth quarter valued at approximately $28,234,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Uber Technologies Price Performance
Uber Technologies stock opened at $68.67 on Friday. The firm’s 50-day simple moving average is $73.41 and its 200 day simple moving average is $77.16. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99. The firm has a market capitalization of $139.79 billion, a PE ratio of 17.13, a P/E/G ratio of 5.91 and a beta of 1.12. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.
Insider Activity at Uber Technologies
In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’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 completion of the transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 3.81% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
UBER has been the topic of several analyst reports. BNP Paribas Exane cut shares of Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Monday, June 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a report on Thursday, May 7th. Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a report on Tuesday, May 26th. Finally, US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.
View Our Latest Report on UBER
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$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?
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.
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