Oak Ridge Investments LLC Buys 132,500 Shares of Uber Technologies, Inc. $UBER

Oak Ridge Investments LLC increased its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 2,960.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 136,975 shares of the ride-sharing company’s stock after buying an additional 132,500 shares during the quarter. Uber Technologies accounts for 0.7% of Oak Ridge Investments LLC’s investment portfolio, making the stock its 29th largest holding. Oak Ridge Investments LLC’s holdings in Uber Technologies were worth $11,192,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of UBER. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies in the 3rd quarter valued at $25,000. Westend Capital Management LLC bought a new position in Uber Technologies in the 3rd quarter valued at $27,000. Total Investment Management Inc. bought a new position in Uber Technologies in the 2nd quarter valued at $32,000. Imprint Wealth LLC bought a new position in Uber Technologies in the 3rd quarter valued at $32,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new position in Uber Technologies in the 3rd quarter valued at $34,000. Institutional investors own 80.24% of the company’s stock.

Key Uber Technologies News

Here are the key news stories impacting Uber Technologies this week:

Insiders Place Their Bets

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the transaction, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the transaction, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. The SEC filing for this sale provides additional information. 3.81% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on UBER. Wolfe Research reduced their price objective on Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. JPMorgan Chase & Co. reduced their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Wedbush reduced their price objective on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Cantor Fitzgerald reduced their price objective on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Finally, BNP Paribas Exane started coverage on Uber Technologies in a research report on Wednesday, January 14th. They set an “outperform” rating and a $108.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and an average target price of $105.14.

Get Our Latest Analysis on Uber Technologies

Uber Technologies Stock Up 2.6%

Shares of NYSE UBER opened at $72.30 on Tuesday. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The business has a 50-day simple moving average of $73.18 and a two-hundred day simple moving average of $83.11. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The company has a market cap of $147.70 billion, a P/E ratio of 15.35, a P/E/G ratio of 6.42 and a beta of 1.21.

Uber Technologies (NYSE:UBERGet Free Report) last issued its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS 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 in the prior year, the business earned $3.21 EPS. The firm’s revenue for the quarter was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

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.

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

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