Pacer Advisors Inc. Cuts Stake in Uber Technologies, Inc. $UBER

Pacer Advisors Inc. lowered its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 4.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 4,166,806 shares of the ride-sharing company’s stock after selling 183,673 shares during the period. Uber Technologies accounts for 0.9% of Pacer Advisors Inc.’s holdings, making the stock its 29th biggest holding. Pacer Advisors Inc.’s holdings in Uber Technologies were worth $340,470,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Stonebridge Financial Group LLC MO purchased a new position in Uber Technologies during the 4th quarter worth $394,000. Global Wealth Management Investment Advisory Inc. raised its position in Uber Technologies by 3.7% during the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 49,546 shares of the ride-sharing company’s stock worth $4,048,000 after buying an additional 1,782 shares during the last quarter. Ameritas Advisory Services LLC raised its position in Uber Technologies by 7.0% during the 4th quarter. Ameritas Advisory Services LLC now owns 7,820 shares of the ride-sharing company’s stock worth $639,000 after buying an additional 514 shares during the last quarter. Independent Advisor Alliance raised its position in Uber Technologies by 1.6% during the 4th quarter. Independent Advisor Alliance now owns 70,087 shares of the ride-sharing company’s stock worth $5,727,000 after buying an additional 1,115 shares during the last quarter. Finally, Legacy Financial Advisors Inc. raised its position in Uber Technologies by 4.6% during the 4th quarter. Legacy Financial Advisors Inc. now owns 9,177 shares of the ride-sharing company’s stock worth $750,000 after buying an additional 403 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on UBER. Wall Street Zen downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a research note on Monday. Guggenheim reaffirmed a “buy” rating and set a $125.00 price target on shares of Uber Technologies in a research note on Monday, April 27th. Piper Sandler upped their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $105.11.

Insider Transactions at Uber Technologies

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were purchased at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through 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 transaction of $2,233,500.00. Following the completion of the sale, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. The trade was 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.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber’s first-quarter results showed strong momentum, with gross bookings rising 25% year over year and guidance coming in above expectations, which supports the view that the business is still growing faster than many investors expected. Prediction: This Will Be Uber’s Stock Price by The End of 2026
• Positive Sentiment: Several reports highlighted Uber’s progress toward becoming an “everything app,” including stronger trips and revenue trends, which could expand the company’s addressable market and improve long-term investor sentiment. Can Uber Make an “Everything” App?
• Positive Sentiment: Uber is also getting credit from bullish AI-related commentary, including a note that billionaire David Tepper sees it as a top AI stock, alongside a pilot that uses drivers’ cars as a data source for autonomy development. That could help keep the stock’s autonomy narrative alive. This is why Uber Technologies, Inc. (UBER) is a Top AI Stock, according to Billionaire David Tepper
• Neutral Sentiment: Uber said its CFO will participate in a Bernstein fireside chat later this month. The event is routine, but investors may watch for commentary on margins, autonomy, and demand trends. Uber CFO to Participate in Fireside Chat Hosted by Bernstein
• Neutral Sentiment: Uber is also expanding internationally, including a plan to set up its first India data center with Adani. The move signals investment in infrastructure, but its near-term stock impact is unclear. Uber to set up first India data centre with Adani
• Negative Sentiment: Concerns around autonomous vehicles remain a headwind, with commentary suggesting robotaxis could pressure Uber’s long-term business model. That risk may be one reason some investors still view the stock cautiously despite the recent growth. Is Uber Stock a Generational Buying Opportunity?

Uber Technologies Stock Performance

NYSE:UBER opened at $74.77 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a fifty-two week low of $68.46 and a fifty-two week high of $101.99. The stock has a market cap of $152.20 billion, a PE ratio of 18.65, a price-to-earnings-growth ratio of 5.89 and a beta of 1.16. The firm’s fifty day simple moving average is $74.25 and its 200-day simple moving average is $80.31.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The business had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts expect that Uber Technologies, Inc. will post 3.25 earnings per share for the current fiscal year.

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.