Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Purchases New Position in Uber Technologies, Inc. $UBER

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 38,342 shares of the ride-sharing company’s stock, valued at approximately $3,133,000.

Several other hedge funds also recently bought and sold shares of the company. Egerton Capital UK LLP acquired a new position in shares of Uber Technologies in the 4th quarter valued at $219,079,000. Krane Funds Advisors LLC acquired a new stake in Uber Technologies during the 4th quarter worth $1,438,000. Lyrical Asset Management LP lifted its holdings in Uber Technologies by 25.0% during the fourth quarter. Lyrical Asset Management LP now owns 3,518,917 shares of the ride-sharing company’s stock worth $287,531,000 after acquiring an additional 702,882 shares in the last quarter. Arrowroot Family Office LLC lifted its holdings in Uber Technologies by 5.7% during the fourth quarter. Arrowroot Family Office LLC now owns 3,531 shares of the ride-sharing company’s stock worth $289,000 after acquiring an additional 190 shares in the last quarter. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna grew its stake in Uber Technologies by 727.4% in the fourth quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 25,723 shares of the ride-sharing company’s stock valued at $2,102,000 after acquiring an additional 22,614 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction dated 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 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.81% of the stock is currently owned by corporate insiders.

Uber Technologies News Summary

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

Uber Technologies Price Performance

NYSE UBER opened at $70.84 on Monday. The firm’s 50 day moving average is $73.53 and its 200-day moving average is $77.70. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $144.21 billion, a PE ratio of 17.67, a price-to-earnings-growth ratio of 6.01 and a beta of 1.12. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99.

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

Wall Street Analysts Forecast Growth

UBER has been the topic of a number of research analyst reports. Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Piper Sandler increased their target price on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. US Capital Advisors set a $95.00 price target on shares of Uber Technologies in a research note on Monday, May 11th. HSBC cut shares of Uber Technologies to a “reduce” rating in a report on Monday, May 11th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $104.68.

Read Our Latest Research Report 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.

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)

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