Fiduciary Alliance LLC reduced its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 56.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,513 shares of the ride-sharing company’s stock after selling 12,220 shares during the quarter. Fiduciary Alliance LLC’s holdings in Uber Technologies were worth $777,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in UBER. Brighton Jones LLC increased its stake 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 worth $4,491,000 after acquiring an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in 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 worth $939,000 after acquiring an additional 6,129 shares during the last quarter. Bison Wealth LLC boosted its holdings in shares of Uber Technologies by 20.3% in the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after purchasing an additional 641 shares in the last quarter. Caxton Associates LLP purchased a new position in shares of Uber Technologies in the 1st quarter worth about $304,000. Finally, Schnieders Capital Management LLC. purchased a new position in shares of Uber Technologies in the 2nd quarter worth about $842,000. 80.24% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Uber Technologies
In other Uber Technologies news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the stock in a transaction on Tuesday, February 24th. The stock was acquired at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the transaction, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Tony West sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. The trade was a 1.74% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.81% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on UBER. BTIG Research reiterated a “buy” rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Tuesday, March 17th. Needham & Company LLC restated a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a report on Tuesday, February 3rd. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Cantor Fitzgerald dropped their target price on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Finally, Benchmark restated a “hold” rating on shares of Uber Technologies in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $105.14.
Get Our Latest Research Report on Uber Technologies
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
Uber Technologies Trading Down 1.7%
UBER opened at $70.55 on Friday. The business has a 50 day simple moving average of $73.35 and a two-hundred day simple moving average of $83.39. The firm has a market capitalization of $144.14 billion, a price-to-earnings ratio of 14.98, a PEG ratio of 6.42 and a beta of 1.21. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. Uber Technologies, Inc. has a one year low of $68.46 and a one year high of $101.99.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The business had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.
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.
Recommended Stories
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:UBER – Free Report).
Receive News & Ratings for Uber Technologies Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Uber Technologies and related companies with MarketBeat.com’s FREE daily email newsletter.
