Uber Technologies, Inc. $UBER Shares Acquired by Northeast Investment Management

Northeast Investment Management lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 20.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 140,522 shares of the ride-sharing company’s stock after acquiring an additional 24,057 shares during the period. Northeast Investment Management’s holdings in Uber Technologies were worth $11,482,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies in the 3rd quarter valued at about $25,000. Ares Financial Consulting LLC purchased a new stake in Uber Technologies in the 4th quarter valued at about $28,000. Imprint Wealth LLC purchased a new stake in Uber Technologies in the 3rd quarter valued at about $32,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Uber Technologies during the 3rd quarter worth about $34,000. Finally, Hager Investment Management Services LLC grew its holdings in shares of Uber Technologies by 276.2% during the 4th quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company’s stock worth $40,000 after purchasing an additional 359 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

More Uber Technologies News

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

• Positive Sentiment: Uber reported strong first-quarter momentum, with trips, revenue, and gross bookings all rising, reinforcing the view that its core ride-hailing and delivery businesses are still growing briskly. Article Title
• Positive Sentiment: Management appears to have boosted investor confidence by guiding above expectations and showing that bookings accelerated again, which supports the stock’s bull case after earnings. Article Title
• Positive Sentiment: Uber is deepening its push into autonomous mobility by exploring a driver-sensor network that could become a new data and monetization opportunity, potentially improving its long-term valuation. Article Title
• Positive Sentiment: The company continues to broaden its platform with partnerships in retail and travel, including Ulta Beauty and Expedia, which could support more cross-selling and revenue diversification. Article Title
• Neutral Sentiment: Uber also announced that its CFO will speak at Bernstein’s conference later this month, a routine investor-relations event that may keep the stock in focus but is unlikely to move shares by itself. Article Title
• Neutral Sentiment: Several articles highlight that Uber is attracting heavy investor attention and that analysts remain engaged, which underscores interest in the name but does not add new fundamental information. Article Title
• Negative Sentiment: Longer-term concerns remain around autonomous-vehicle competition and the possibility that self-driving technology could reduce the need for human drivers, which is why some coverage frames the robotaxi opportunity as both a growth driver and a threat. Article Title

Uber Technologies Stock Up 0.4%

Shares of Uber Technologies stock opened at $76.43 on Wednesday. The firm has a market cap of $155.57 billion, a price-to-earnings ratio of 19.06, a P/E/G ratio of 5.87 and a beta of 1.16. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The stock has a 50-day simple moving average of $74.28 and a 200-day simple moving average of $80.45.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm’s revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities research analysts expect that Uber Technologies, Inc. will post 3.25 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of Uber Technologies stock in a transaction dated 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 acquisition, the chief financial officer directly owned 28,742 shares in the company, valued at $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.81% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on UBER. Stifel Nicolaus decreased their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. Canaccord Genuity Group set a $72.00 target price on Uber Technologies in a research report on Thursday, February 5th. Citizens Jmp reissued a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, April 28th. Guggenheim reaffirmed a “buy” rating and issued a $125.00 target price on shares of Uber Technologies in a research report on Monday, April 27th. Finally, HSBC cut Uber Technologies to a “reduce” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $105.11.

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.