Sava Infond d.o.o. Acquires 9,500 Shares of Uber Technologies, Inc. $UBER

Sava Infond d.o.o. increased its holdings in Uber Technologies, Inc. (NYSE:UBER) by 23.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,790 shares of the ride-sharing company’s stock after buying an additional 9,500 shares during the period. Uber Technologies accounts for 0.7% of Sava Infond d.o.o.’s holdings, making the stock its 28th largest position. Sava Infond d.o.o.’s holdings in Uber Technologies were worth $4,976,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Brant Point Investment Management LLC bought a new stake in shares of Uber Technologies during the 2nd quarter valued at about $933,000. Spirepoint Private Client LLC lifted its stake in Uber Technologies by 21.9% in the third quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after buying an additional 13,454 shares during the period. Econ Financial Services Corp bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $1,538,000. Transcendent Capital Group LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $1,859,000. Finally, Munro Partners acquired a new stake in shares of Uber Technologies during the 2nd quarter worth approximately $96,294,000. 80.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

UBER has been the subject of a number of research reports. UBS Group set a $111.00 price target on shares of Uber Technologies in a report on Monday, February 2nd. Citigroup reduced their target price on Uber Technologies from $120.00 to $110.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Truist Financial set a $108.00 price target on Uber Technologies in a research note on Monday, February 9th. Morgan Stanley cut their price target on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Finally, The Goldman Sachs Group set a $125.00 price objective on Uber Technologies in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $104.61.

Uber Technologies Stock Performance

Shares of UBER stock opened at $73.76 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15. The company has a market cap of $151.80 billion, a P/E ratio of 15.66, a P/E/G ratio of 6.67 and a beta of 1.21. Uber Technologies, Inc. has a one year low of $60.63 and a one year high of $101.99. The firm has a 50-day moving average of $79.79 and a 200-day moving average of $88.51.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.08). The firm had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.Uber Technologies’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same period in the prior year, the business earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insiders Place Their Bets

In other Uber Technologies news, insider Tony West sold 3,125 shares of the company’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the transaction, the insider owned 176,584 shares in the company, valued at $14,744,764. This represents a 1.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 3.84% of the company’s stock.

About Uber Technologies

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.