Uber Technologies, Inc. $UBER Shares Acquired by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ increased its stake in Uber Technologies, Inc. (NYSE:UBER) by 3.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 449,346 shares of the ride-sharing company’s stock after acquiring an additional 14,864 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Uber Technologies were worth $44,016,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Kilter Group LLC bought a new stake in Uber Technologies in the second quarter valued at $26,000. Westend Capital Management LLC bought a new position in shares of Uber Technologies during the third quarter worth about $27,000. Total Investment Management Inc. acquired a new stake in shares of Uber Technologies in the 2nd quarter worth about $32,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Uber Technologies in the 3rd quarter worth about $34,000. Finally, Howard Hughes Medical Institute bought a new stake in Uber Technologies in the 2nd quarter valued at about $42,000. 80.24% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.70% of the stock is owned by corporate insiders.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $69.83 on Tuesday. Uber Technologies, Inc. has a 12 month low of $60.63 and a 12 month high of $101.99. The stock has a market cap of $145.09 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 6.40 and a beta of 1.21. The stock’s 50 day moving average price is $80.86 and its 200 day moving average price is $88.96. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The firm had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. During the same period in the previous year, the business posted $3.21 earnings per share. The business’s revenue for the quarter was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on UBER. Melius Research set a $73.00 target price on shares of Uber Technologies in a research report on Monday, January 5th. Wolfe Research reduced their price objective on Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Benchmark reissued a “hold” rating on shares of Uber Technologies in a report on Thursday, February 5th. BNP Paribas Exane assumed coverage on Uber Technologies in a research report on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 target price on the stock. Finally, BMO Capital Markets cut their target price on Uber Technologies from $113.00 to $106.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $104.89.

About Uber Technologies

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.