Mitchell Capital Management Co. Purchases New Stake in Uber Technologies, Inc. $UBER

Mitchell Capital Management Co. acquired a new stake in Uber Technologies, Inc. (NYSE:UBERFree Report) in the third quarter, Holdings Channel.com reports. The fund acquired 26,061 shares of the ride-sharing company’s stock, valued at approximately $2,553,000.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC grew its stake in shares of Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after buying an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after purchasing an additional 6,129 shares in the last quarter. Bison Wealth LLC increased its stake in Uber Technologies by 20.3% during the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after buying an additional 641 shares during the period. Caxton Associates LLP acquired a new stake in Uber Technologies during the 1st quarter worth approximately $304,000. Finally, Vest Financial LLC lifted its holdings in Uber Technologies by 39.3% during the 2nd quarter. Vest Financial LLC now owns 33,817 shares of the ride-sharing company’s stock worth $3,155,000 after buying an additional 9,534 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Uber Technologies news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the transaction, the insider directly owned 176,584 shares in the company, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 9,375 shares of company stock valued at $799,875. 3.84% of the stock is currently owned by corporate insiders.

Trending Headlines about Uber Technologies

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Analyst Upgrades and Downgrades

Several equities analysts have commented on UBER shares. Wolfe Research dropped their price target on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Truist Financial set a $108.00 price target on Uber Technologies in a research report on Monday. Canaccord Genuity Group set a $72.00 price objective on Uber Technologies in a research report on Thursday, February 5th. Arete Research set a $125.00 target price on shares of Uber Technologies and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Finally, BTIG Research reiterated a “buy” rating and set a $100.00 target price on shares of Uber Technologies in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $104.89.

Check Out Our Latest Research Report on UBER

Uber Technologies Stock Performance

NYSE UBER opened at $71.01 on Thursday. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99. The company has a quick ratio of 1.15, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The business’s 50-day moving average price is $82.14 and its 200 day moving average price is $89.33. The firm has a market cap of $147.54 billion, a P/E ratio of 15.08, a P/E/G ratio of 6.72 and a beta of 1.21.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS 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 firm had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. During the same quarter in the previous year, the company posted $3.21 EPS. The firm’s quarterly 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, equities research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Uber Technologies Company 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.

See Also

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

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