Zions Bancorporation National Association UT Boosts Stock Holdings in Uber Technologies, Inc. $UBER

Zions Bancorporation National Association UT lifted its stake in Uber Technologies, Inc. (NYSE:UBER) by 14.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,184 shares of the ride-sharing company’s stock after purchasing an additional 8,981 shares during the period. Zions Bancorporation National Association UT’s holdings in Uber Technologies were worth $6,876,000 at the end of the most recent quarter.

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

Insider Activity at Uber Technologies

In related news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the transaction, the insider owned 176,584 shares of the company’s stock, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders have sold 9,375 shares of company stock valued at $799,875 over the last three months. 3.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

UBER has been the topic of several recent analyst reports. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Wedbush dropped their price objective on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Arete Research set a $125.00 target price on Uber Technologies and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Melius Research set a $73.00 price target on Uber Technologies in a report on Monday, January 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Uber Technologies in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $104.89.

Uber Technologies Price Performance

UBER stock opened at $69.83 on Monday. The company has a market capitalization of $145.09 billion, a P/E ratio of 14.83, a PEG ratio of 6.40 and a beta of 1.21. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month high of $101.99. The business has a 50 day simple moving average of $81.32 and a 200-day simple moving average of $89.08. The company has a current ratio of 1.14, a quick ratio of 1.15 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER) last announced its earnings results 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). The business had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business’s revenue was up 20.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current year.

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.