Trek Financial LLC Invests $618,000 in Uber Technologies, Inc. $UBER

Trek Financial LLC purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 7,558 shares of the ride-sharing company’s stock, valued at approximately $618,000.

Several other large investors also recently modified their holdings of the stock. AG2R LA Mondiale Gestion D Actifs increased its stake in shares of Uber Technologies by 12.7% during the 4th quarter. AG2R LA Mondiale Gestion D Actifs now owns 78,745 shares of the ride-sharing company’s stock worth $6,434,000 after purchasing an additional 8,859 shares during the last quarter. Fortem Financial Group LLC increased its stake in shares of Uber Technologies by 3.7% during the 4th quarter. Fortem Financial Group LLC now owns 8,494 shares of the ride-sharing company’s stock worth $694,000 after purchasing an additional 300 shares during the last quarter. 49 Wealth Management LLC increased its stake in shares of Uber Technologies by 22.3% during the 4th quarter. 49 Wealth Management LLC now owns 3,745 shares of the ride-sharing company’s stock worth $306,000 after purchasing an additional 682 shares during the last quarter. ABN AMRO Bank N.V. increased its stake in shares of Uber Technologies by 10.9% during the 4th quarter. ABN AMRO Bank N.V. now owns 1,219,906 shares of the ride-sharing company’s stock worth $99,402,000 after purchasing an additional 119,688 shares during the last quarter. Finally, Pure Financial Advisors LLC increased its stake in shares of Uber Technologies by 5.1% during the 4th quarter. Pure Financial Advisors LLC now owns 11,939 shares of the ride-sharing company’s stock worth $976,000 after purchasing an additional 582 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction on 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 sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the transaction, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is owned by company insiders.

Key Stories Impacting Uber Technologies

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

  • Positive Sentiment: Uber’s first-quarter results showed strong momentum, with gross bookings rising 25% year over year and guidance coming in above expectations, which supports the view that the business is still growing faster than many investors expected. Prediction: This Will Be Uber’s Stock Price by The End of 2026
  • Positive Sentiment: Several reports highlighted Uber’s progress toward becoming an “everything app,” including stronger trips and revenue trends, which could expand the company’s addressable market and improve long-term investor sentiment. Can Uber Make an “Everything” App?
  • Positive Sentiment: Uber is also getting credit from bullish AI-related commentary, including a note that billionaire David Tepper sees it as a top AI stock, alongside a pilot that uses drivers’ cars as a data source for autonomy development. That could help keep the stock’s autonomy narrative alive. This is why Uber Technologies, Inc. (UBER) is a Top AI Stock, according to Billionaire David Tepper
  • Neutral Sentiment: Uber said its CFO will participate in a Bernstein fireside chat later this month. The event is routine, but investors may watch for commentary on margins, autonomy, and demand trends. Uber CFO to Participate in Fireside Chat Hosted by Bernstein
  • Neutral Sentiment: Uber is also expanding internationally, including a plan to set up its first India data center with Adani. The move signals investment in infrastructure, but its near-term stock impact is unclear. Uber to set up first India data centre with Adani
  • Negative Sentiment: Concerns around autonomous vehicles remain a headwind, with commentary suggesting robotaxis could pressure Uber’s long-term business model. That risk may be one reason some investors still view the stock cautiously despite the recent growth. Is Uber Stock a Generational Buying Opportunity?

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on UBER. Piper Sandler raised their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Canaccord Genuity Group set a $72.00 price objective on shares of Uber Technologies in a research note on Thursday, February 5th. US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a research note on Monday. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a research note on Monday. Finally, Mizuho reduced their price objective on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $105.11.

Get Our Latest Analysis on Uber Technologies

Uber Technologies Stock Down 2.1%

Shares of NYSE:UBER opened at $74.77 on Thursday. The firm has a fifty day moving average price of $74.25 and a two-hundred day moving average price of $80.31. 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 one year low of $68.46 and a one year high of $101.99. The company has a market cap of $152.20 billion, a price-to-earnings ratio of 18.65, a PEG ratio of 5.89 and a beta of 1.16.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same period last year, the firm earned $0.83 EPS. The business’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. Analysts anticipate that Uber Technologies, Inc. will post 3.25 EPS for the current fiscal year.

Uber Technologies Company Profile

(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.

Read More

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBERFree Report).

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

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.