Trek Financial LLC acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,558 shares of the ride-sharing company’s stock, valued at approximately $618,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth about $25,000. Ares Financial Consulting LLC bought a new position in shares of Uber Technologies during the 4th quarter worth about $28,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth about $32,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Uber Technologies during the 3rd quarter worth about $34,000. Finally, Hager Investment Management Services LLC boosted its position in shares of Uber Technologies by 276.2% during the 4th quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company’s stock worth $40,000 after purchasing an additional 359 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.
More Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber’s first-quarter results showed strong momentum, with gross bookings rising 25% year over year and guidance coming in above expectations, which supports the view that the business is still growing faster than many investors expected. Prediction: This Will Be Uber’s Stock Price by The End of 2026
- Positive Sentiment: Several reports highlighted Uber’s progress toward becoming an “everything app,” including stronger trips and revenue trends, which could expand the company’s addressable market and improve long-term investor sentiment. Can Uber Make an “Everything” App?
- Positive Sentiment: Uber is also getting credit from bullish AI-related commentary, including a note that billionaire David Tepper sees it as a top AI stock, alongside a pilot that uses drivers’ cars as a data source for autonomy development. That could help keep the stock’s autonomy narrative alive. This is why Uber Technologies, Inc. (UBER) is a Top AI Stock, according to Billionaire David Tepper
- Neutral Sentiment: Uber said its CFO will participate in a Bernstein fireside chat later this month. The event is routine, but investors may watch for commentary on margins, autonomy, and demand trends. Uber CFO to Participate in Fireside Chat Hosted by Bernstein
- Neutral Sentiment: Uber is also expanding internationally, including a plan to set up its first India data center with Adani. The move signals investment in infrastructure, but its near-term stock impact is unclear. Uber to set up first India data centre with Adani
- Negative Sentiment: Concerns around autonomous vehicles remain a headwind, with commentary suggesting robotaxis could pressure Uber’s long-term business model. That risk may be one reason some investors still view the stock cautiously despite the recent growth. Is Uber Stock a Generational Buying Opportunity?
Uber Technologies Trading Down 2.1%
Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter last year, the business posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 3.25 earnings per share for the current fiscal year.
Insider Activity
In other news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was purchased at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. This represents a 357.02% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 3.81% of the company’s stock.
Analyst Upgrades and Downgrades
UBER has been the topic of several recent research reports. Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday. Guggenheim reaffirmed a “buy” rating and issued a $125.00 price target on shares of Uber Technologies in a research report on Monday, April 27th. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a research report on Thursday, February 5th. The Goldman Sachs Group set a $115.00 price target on shares of Uber Technologies in a research report on Thursday, May 7th. Finally, Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $105.11.
View 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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