Royal London Asset Management Ltd. Lowers Stock Position in Uber Technologies, Inc. $UBER

Royal London Asset Management Ltd. lessened its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree 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.

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

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.

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Key Uber Technologies News

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About Uber Technologies

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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