Harbour Investments Inc. Sells 12,120 Shares of Uber Technologies, Inc. $UBER

Harbour Investments Inc. lessened its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 34.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,131 shares of the ride-sharing company’s stock after selling 12,120 shares during the period. Harbour Investments Inc.’s holdings in Uber Technologies were worth $1,890,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies during the 3rd quarter valued at about $25,000. Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies during the 4th quarter valued at about $27,000. Ares Financial Consulting LLC bought a new position in shares of Uber Technologies during the 4th quarter valued at about $28,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies during the 3rd quarter valued at about $32,000. Finally, Hager Investment Management Services LLC lifted 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 valued at $40,000 after purchasing an additional 359 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 3.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on UBER shares. Wells Fargo & Company lifted their price objective on Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Citigroup reiterated a “market outperform” rating on shares of Uber Technologies in a report on Tuesday. BTIG Research reiterated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a report on Tuesday. HSBC cut Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Finally, Wedbush cut their target price on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $104.97.

View Our Latest Stock Report on Uber Technologies

Uber Technologies Trading Up 0.2%

NYSE UBER opened at $70.89 on Friday. The stock has a market capitalization of $144.31 billion, a price-to-earnings ratio of 17.68, a PEG ratio of 6.01 and a beta of 1.16. The stock’s 50 day moving average price is $73.84 and its two-hundred day moving average price is $78.59. 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.

Uber Technologies (NYSE:UBERGet Free Report) last released its 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. The firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Uber Technologies News Summary

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

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.

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

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