Danica Pension Livsforsikringsaktieselskab lowered its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 36.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 561,065 shares of the ride-sharing company’s stock after selling 321,152 shares during the period. Danica Pension Livsforsikringsaktieselskab’s holdings in Uber Technologies were worth $40,357,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also bought and sold shares of UBER. Brighton Jones LLC increased its holdings in Uber Technologies by 3.4% in the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after buying an additional 2,474 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Uber Technologies by 65.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after buying an additional 6,129 shares in the last quarter. Bison Wealth LLC lifted its holdings in shares of Uber Technologies by 20.3% during the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after acquiring an additional 641 shares during the period. Caxton Associates LLP acquired a new stake in shares of Uber Technologies during the 1st quarter worth approximately $304,000. Finally, Schnieders Capital Management LLC. acquired a new stake in shares of Uber Technologies during the 2nd quarter worth approximately $842,000. Institutional investors own 80.24% of the company’s stock.
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Investor attention around Uber has increased, which can help keep the stock active and support sentiment if the market is positioning ahead of a catalyst. Article Title
- Positive Sentiment: Domino’s said third-party delivery partnerships, including Uber Eats, are driving more order growth and bringing in new customers, reinforcing the value of Uber’s delivery platform. Article Title
- Positive Sentiment: Another Domino’s update emphasized strong order growth, digital reach and global expansion, which suggests continuing demand through delivery channels that can benefit Uber Eats volume. Article Title
- Positive Sentiment: A new Uber Eats-related deal involving GameStop suggests Uber’s delivery marketplace is still expanding into additional merchant categories, which could support future revenue growth. Article Title
- Neutral Sentiment: Some articles were mostly commentary or market chatter, including “Should You Buy Uber Stock Before the Huge Investor Update?” and a Zacks screening piece, with no clearly new fundamental development. Article Title Article Title
- Negative Sentiment: Investor concern remains that driverless technology could erode Uber’s competitive advantage over time, which is a key headwind for the stock. Article Title
Uber Technologies Stock Performance
Uber Technologies (NYSE:UBER – Get 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. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the previous year, the business earned $0.83 EPS. The business’s quarterly 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. Sell-side analysts expect that Uber Technologies, Inc. will post 2.98 EPS for the current year.
Analyst Ratings Changes
Several research analysts have commented on UBER shares. HSBC downgraded shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. BTIG Research reaffirmed a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, July 14th. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a research note on Monday. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a report on Monday, June 1st. Finally, BNP Paribas Exane downgraded Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $104.65.
Read Our Latest Report 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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