World Investment Advisors Has $7.10 Million Stock Position in Uber Technologies, Inc. $UBER

World Investment Advisors raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 17.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 92,490 shares of the ride-sharing company’s stock after acquiring an additional 13,556 shares during the quarter. World Investment Advisors’ holdings in Uber Technologies were worth $7,095,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in shares of Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after purchasing an additional 2,474 shares during the period. Revolve Wealth Partners LLC boosted its holdings in Uber Technologies by 65.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock worth $939,000 after buying an additional 6,129 shares during the last quarter. Bison Wealth LLC boosted its holdings in Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after buying an additional 641 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Uber Technologies during the 1st quarter worth about $304,000. Finally, Schnieders Capital Management LLC. acquired a new position in shares of Uber Technologies during the 2nd quarter worth about $842,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Mizuho cut their price target on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Piper Sandler upped their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Wedbush cut their target price on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Cantor Fitzgerald reduced their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Finally, Roth Mkm set a $105.00 price target on shares of Uber Technologies in a report 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $105.11.

Read Our Latest Stock Analysis on Uber Technologies

Key Uber Technologies News

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

Uber Technologies Stock Performance

Shares of UBER stock opened at $74.77 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The company’s 50 day moving average price is $74.25 and its two-hundred day moving average price is $80.31. The company has a market capitalization of $152.20 billion, a P/E ratio of 18.65, a price-to-earnings-growth ratio of 5.89 and a beta of 1.16.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping 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 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 firm earned $0.83 earnings per share. The firm’s 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, analysts expect that Uber Technologies, Inc. will post 3.25 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

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.

Recommended Stories

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.