Uber Technologies, Inc. $UBER Shares Sold by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. decreased its position in Uber Technologies, Inc. (NYSE:UBERFree Report) by 0.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,865,010 shares of the ride-sharing company’s stock after selling 8,012 shares during the quarter. Nomura Asset Management Co. Ltd. owned about 0.09% of Uber Technologies worth $152,390,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies in the 3rd quarter valued at about $25,000. Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies in the 4th quarter valued at about $27,000. Ares Financial Consulting LLC purchased a new stake in Uber Technologies in the 4th quarter valued at about $28,000. Imprint Wealth LLC purchased a new stake in Uber Technologies in the 3rd quarter valued at about $32,000. Finally, Blueline Advisors LLC purchased a new stake in Uber Technologies in the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Down 0.9%

Shares of NYSE:UBER opened at $70.30 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies, Inc. has a 1 year low of $68.46 and a 1 year high of $101.99. The stock has a market capitalization of $143.10 billion, a P/E ratio of 17.53, a PEG ratio of 5.99 and a beta of 1.16. The stock has a 50-day simple moving average of $73.71 and a 200-day simple moving average of $78.53.

Uber Technologies (NYSE:UBERGet Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. During the same quarter in the previous year, the business earned $0.83 EPS. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was 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 in the company, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.81% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the company. UBS Group cut Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Cantor Fitzgerald lowered their price target on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Mizuho lowered their price target on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Guggenheim restated a “buy” rating and issued a $125.00 price target on shares of Uber Technologies in a report on Monday, April 27th. Finally, TD Cowen assumed coverage on Uber Technologies in a report on Monday, May 11th. They issued a “hold” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $104.68.

Read Our Latest Stock Report on UBER

Key Uber Technologies News

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Uber Technologies Profile

(Free Report)

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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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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