Pittenger & Anderson Inc. Acquires 24,601 Shares of Uber Technologies, Inc. $UBER

Pittenger & Anderson Inc. boosted its holdings in Uber Technologies, Inc. (NYSE:UBERFree Report) by 54.6% during the fourth quarter, Holdings Channel reports. The fund owned 69,619 shares of the ride-sharing company’s stock after purchasing an additional 24,601 shares during the period. Pittenger & Anderson Inc.’s holdings in Uber Technologies were worth $5,689,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Sage Rhino Capital LLC grew its holdings in Uber Technologies by 4.2% in the 3rd quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock valued at $268,000 after buying an additional 110 shares in the last quarter. Quent Capital LLC grew its holdings in shares of Uber Technologies by 3.3% during the 3rd quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock worth $343,000 after purchasing an additional 111 shares in the last quarter. Advisors Capital Management LLC grew its holdings in shares of Uber Technologies by 1.8% during the 3rd quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after purchasing an additional 111 shares in the last quarter. Emergent Wealth Advisors LLC grew its holdings in shares of Uber Technologies by 0.7% during the 3rd quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after purchasing an additional 114 shares in the last quarter. Finally, Realta Investment Advisors grew its holdings in shares of Uber Technologies by 2.9% during the 3rd quarter. Realta Investment Advisors now owns 4,018 shares of the ride-sharing company’s stock worth $394,000 after purchasing an additional 115 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.

Insider Transactions at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the acquisition, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. The trade was a 357.02% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.81% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Roth Mkm set a $105.00 price objective on Uber Technologies in a research report on Thursday, February 5th. Cantor Fitzgerald lowered their target price on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Needham & Company LLC reiterated a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a report on Tuesday, February 3rd. UBS Group cut their target price on Uber Technologies from $111.00 to $110.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Guggenheim reaffirmed a “buy” rating and set a $125.00 target price on shares of Uber Technologies in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $105.11.

Check Out Our Latest Research Report on Uber Technologies

Key Uber Technologies News

Here are the key news stories impacting Uber Technologies this week:

Uber Technologies Price Performance

Uber Technologies stock opened at $75.19 on Friday. The business has a 50-day simple moving average of $73.91 and a 200 day simple moving average of $81.25. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The stock has a market cap of $153.61 billion, a price-to-earnings ratio of 15.96, a PEG ratio of 6.88 and a beta of 1.16.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (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 during the quarter, compared to analysts’ expectations of $14.32 billion. During the same quarter in the previous year, the company posted $3.21 earnings per share. Uber Technologies’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. On average, research analysts forecast that Uber Technologies, Inc. will post 3.34 earnings per share for the current fiscal year.

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.

Further Reading

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

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