First Manhattan CO. LLC. increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 39.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 483,364 shares of the ride-sharing company’s stock after purchasing an additional 136,258 shares during the quarter. First Manhattan CO. LLC.’s holdings in Uber Technologies were worth $39,496,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies during the third quarter worth about $25,000. Imprint Wealth LLC acquired a new stake in Uber Technologies during the third quarter worth about $32,000. Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies during the fourth quarter worth about $27,000. Ares Financial Consulting LLC acquired a new stake in Uber Technologies during the fourth quarter worth about $28,000. Finally, Gould Capital LLC increased its stake in Uber Technologies by 245.0% during the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock worth $28,000 after acquiring an additional 245 shares during the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.
Uber Technologies Price Performance
Shares of NYSE UBER opened at $70.97 on Thursday. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The business has a 50 day moving average price of $73.44 and a two-hundred day moving average price of $76.85. 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 firm has a market cap of $144.47 billion, a PE ratio of 17.70, a price-to-earnings-growth ratio of 6.23 and a beta of 1.12.
Uber Technologies News Roundup
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber announced it will expand its robotaxi partnership with Lucid and Nuro into Houston in 2027, with Uber operating the network and the partners supplying vehicles and self-driving technology. The move suggests Uber is making concrete progress toward scaling its autonomous ride-hailing strategy, which could support long-term growth. Article Title
- Positive Sentiment: Uber also unveiled a broader autonomous-driving partnership with Stellantis and Wayve to deploy Level 4 robotaxis globally. That adds another route for Uber to deepen its role in self-driving mobility and potentially expand its platform economics over time. Article Title
- Positive Sentiment: Uber and WeRide announced plans to launch commercial robotaxi service in Zurich later this year, expanding the companies’ European footprint after Madrid. The ongoing international rollout reinforces Uber’s autonomous mobility ambitions. Article Title
- Neutral Sentiment: Uber’s stock was also hit by headlines about an investigation into “fictitious discounts” and dynamic pricing, which could keep regulatory and consumer-trust concerns in focus if the issue gains traction. Article Title
- Neutral Sentiment: A separate report said Uber’s latest advertising products could make the stock look undervalued, but that story is more of a valuation argument than an immediate catalyst. Article Title
- Negative Sentiment: Zacks reported that Uber Technologies (UBER) declined more than the broader market in the latest session, reflecting that the positive robotaxi news has not yet fully offset near-term pressure on the shares. Article Title
Wall Street Analyst Weigh In
UBER has been the subject of several research analyst reports. BTIG Research restated a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, May 26th. DA Davidson restated a “buy” rating and set a $107.00 price target on shares of Uber Technologies in a research note on Tuesday, May 26th. Wells Fargo & Company upped their price target on Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Piper Sandler upped their price target on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings lowered Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and an average price target of $104.97.
View Our Latest Stock Analysis on Uber Technologies
Uber Technologies Company Profile
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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