Vestmark Advisory Solutions Inc. Cuts Stake in Uber Technologies, Inc. $UBER

Vestmark Advisory Solutions Inc. lowered its stake in Uber Technologies, Inc. (NYSE:UBER) by 23.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 76,323 shares of the ride-sharing company’s stock after selling 22,895 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Uber Technologies were worth $7,477,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Foster Group Inc. lifted its stake in Uber Technologies by 3.3% in the third quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock worth $330,000 after acquiring an additional 107 shares during the period. Sage Rhino Capital LLC lifted its holdings in shares of Uber Technologies by 4.2% during the third quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock valued at $268,000 after purchasing an additional 110 shares in the last quarter. Quent Capital LLC grew its stake in shares of Uber Technologies by 3.3% in the third quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock worth $343,000 after acquiring an additional 111 shares during the period. Advisors Capital Management LLC grew its holdings in shares of Uber Technologies by 1.8% in the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after acquiring an additional 111 shares during the period. Finally, Emergent Wealth Advisors LLC lifted its holdings in Uber Technologies by 0.7% in the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock valued at $1,701,000 after acquiring an additional 114 shares during the period. Institutional investors own 80.24% of the company’s stock.

Insider Transactions at Uber Technologies

In related news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction that occurred on Tuesday, January 20th. The shares were 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 approximately $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.70% of the stock is owned by company insiders.

Uber Technologies Price Performance

Shares of NYSE UBER opened at $73.76 on Monday. The firm’s 50 day simple moving average is $79.79 and its 200-day simple moving average is $88.50. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. Uber Technologies, Inc. has a 12 month low of $60.63 and a 12 month high of $101.99. The stock has a market capitalization of $151.80 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 6.77 and a beta of 1.21.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. During the same quarter last year, the business earned $3.21 EPS. The firm’s revenue for the quarter 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. Analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Wedbush cut their price target on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Wolfe Research decreased their price objective on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Wall Street Zen lowered Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Barclays dropped their price target on Uber Technologies from $110.00 to $107.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $108.00 price objective on shares of Uber Technologies in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $104.61.

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.