Capital Research Global Investors Grows Holdings in Uber Technologies, Inc. $UBER

Capital Research Global Investors boosted its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 2.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 113,456,376 shares of the ride-sharing company’s stock after purchasing an additional 2,903,021 shares during the quarter. Uber Technologies makes up 1.7% of Capital Research Global Investors’ portfolio, making the stock its 10th biggest holding. Capital Research Global Investors owned approximately 0.05% of Uber Technologies worth $9,270,561,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies during the third quarter valued at $25,000. Imprint Wealth LLC purchased a new position in Uber Technologies during the third quarter valued at $32,000. Lloyd Advisory Services LLC. purchased a new position in Uber Technologies during the fourth quarter valued at $27,000. Ares Financial Consulting LLC purchased a new position in Uber Technologies during the fourth quarter valued at $28,000. Finally, Blueline Advisors LLC purchased a new position in Uber Technologies during the fourth quarter valued at $37,000. Institutional investors own 80.24% of the company’s stock.

Insiders Place Their Bets

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’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 of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.81% of the company’s stock.

More Uber Technologies News

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

Uber Technologies Price Performance

UBER opened at $70.84 on Friday. The stock has a 50-day moving average price of $73.53 and a 200-day moving average price of $77.80. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market cap of $144.21 billion, a PE ratio of 17.67, a P/E/G ratio of 6.01 and a beta of 1.12. Uber Technologies, Inc. has a 1 year low of $68.46 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the previous year, the firm earned $0.83 EPS. Uber Technologies’s revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Analyst Ratings Changes

UBER has been the subject of several recent research reports. Needham & Company LLC reissued a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a research report on Thursday, May 7th. BTIG Research reissued a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, May 26th. US Capital Advisors set a $95.00 price objective on Uber Technologies in a research report on Monday, May 11th. DA Davidson reissued a “buy” rating and set a $107.00 price objective on shares of Uber Technologies in a research report on Tuesday, May 26th. Finally, Citizens Jmp reissued a “market outperform” rating and set a $100.00 price objective on shares of Uber Technologies in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $104.68.

Check Out Our Latest Analysis on UBER

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.

See Also

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

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