Uber Technologies, Inc. $UBER Shares Bought by Hemenway Trust Co LLC

Hemenway Trust Co LLC grew its holdings in Uber Technologies, Inc. (NYSE:UBER) by 27.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 137,918 shares of the ride-sharing company’s stock after acquiring an additional 30,032 shares during the quarter. Hemenway Trust Co LLC’s holdings in Uber Technologies were worth $13,512,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Norges Bank acquired a new position in Uber Technologies during the second quarter worth $2,348,319,000. Pacer Advisors Inc. boosted its position in shares of Uber Technologies by 1,905.3% during the 3rd quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock worth $426,216,000 after purchasing an additional 4,133,532 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Uber Technologies by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 189,551,519 shares of the ride-sharing company’s stock worth $17,685,157,000 after purchasing an additional 3,025,483 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Uber Technologies by 4,471.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock worth $290,660,000 after purchasing an additional 2,901,936 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of Uber Technologies by 97.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 5,422,035 shares of the ride-sharing company’s stock valued at $531,197,000 after purchasing an additional 2,671,539 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Price Performance

UBER stock opened at $72.91 on Friday. The stock’s 50 day moving average price is $80.01 and its 200 day moving average price is $88.62. The firm has a market cap of $150.06 billion, a P/E ratio of 15.48, a PEG ratio of 6.66 and a beta of 1.21. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.15 and a current ratio of 1.14. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. During the same period last year, the firm earned $3.21 earnings per share. The business’s revenue 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. On average, sell-side analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

UBER has been the topic of a number of research analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of Uber Technologies in a report on Wednesday, January 7th. Piper Sandler set a $107.00 target price on shares of Uber Technologies in a report on Wednesday, November 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Uber Technologies in a research note on Monday, December 29th. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Finally, Citigroup dropped their price objective on Uber Technologies from $120.00 to $110.00 and set a “buy” rating for the company in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $104.61.

Insiders Place Their Bets

In other Uber Technologies news, insider Tony West sold 3,125 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.84% of the company’s stock.

Uber Technologies 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.