TD Private Client Wealth LLC boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 20.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 67,242 shares of the ride-sharing company’s stock after purchasing an additional 11,626 shares during the quarter. TD Private Client Wealth LLC’s holdings in Uber Technologies were worth $5,494,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies during the third quarter valued at $25,000. Imprint Wealth LLC purchased a new stake in Uber Technologies during the third quarter valued at $32,000. Ares Financial Consulting LLC purchased a new stake in Uber Technologies during the fourth quarter valued at $28,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in Uber Technologies during the third quarter valued at $34,000. Finally, Archer Investment Corp raised its stake in Uber Technologies by 33.2% during the third quarter. Archer Investment Corp now owns 473 shares of the ride-sharing company’s stock valued at $46,000 after purchasing an additional 118 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on UBER. BNP Paribas Exane downgraded shares of Uber Technologies to an “underweight” rating in a research note on Monday, May 11th. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a research note on Thursday, February 5th. Mizuho decreased their price target on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, February 5th. Wells Fargo & Company upped their price target on shares of Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, DA Davidson upped their price target on shares of Uber Technologies from $105.00 to $107.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $105.11.
Key Headlines Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Analysts and market commentary highlighted Uber’s strong Q1 results, including an EPS beat and guidance for solid Q2 gross bookings, reinforcing the view that Mobility and Delivery demand remains resilient. UBER vs. LYFT: Which Stock Is Better Positioned Post Q1 Results?
- Positive Sentiment: Uber is expanding its delivery footprint by adding more than 1,500 Ulta Beauty stores to Uber Eats, showing continued progress in broadening beyond ride-hailing into everyday services and retail delivery. Ulta Beauty Tie-Up and Q1 Results Could Be A Game Changer For Uber Technologies (UBER)
- Positive Sentiment: Uber boosted its stake in Germany’s Delivery Hero to 19.5%, signaling continued international investment and a willingness to deepen its presence in overseas delivery markets. Uber raises stake in Germany’s Delivery Hero
- Positive Sentiment: Uber and Naver reportedly formed a consortium to bid for South Korea’s Baedal Minjok, suggesting further expansion opportunities in a major food-delivery market. Uber, Naver team up on Baemin takeover -Seoul Economic Daily
- Neutral Sentiment: Additional coverage framed Uber as well positioned versus Lyft after Q1, but the article was largely a comparative analysis rather than new company-specific news. UBER vs. LYFT: Which Stock Is Better Positioned Post Q1 Results?
- Neutral Sentiment: News about Lucid’s robotaxi-related headlines mentioned Uber only indirectly, with no clear direct impact on Uber’s fundamentals. Lucid Stock Falls Despite Progress On Uber Robotaxi: What Investors Need To Know
Insider Activity
In other Uber Technologies news, 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 directly owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were purchased at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the transaction, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 3.81% of the company’s stock.
Uber Technologies Trading Down 0.0%
NYSE UBER opened at $75.06 on Tuesday. The company’s 50-day moving average price is $74.18 and its 200-day moving average price is $79.88. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market cap of $152.80 billion, a PE ratio of 18.72, a PEG ratio of 6.38 and a beta of 1.16. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99.
Uber Technologies (NYSE:UBER – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same period in the prior year, the firm earned $0.83 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share 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.
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