Churchill Financial Advisors LLC Takes $1.94 Million Position in Uber Technologies, Inc. $UBER

Churchill Financial Advisors LLC bought a new stake in Uber Technologies, Inc. (NYSE:UBERFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 23,704 shares of the ride-sharing company’s stock, valued at approximately $1,937,000.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares in the last quarter. Northern Trust Corp raised its stake in shares of Uber Technologies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after purchasing an additional 297,132 shares in the last quarter. Capital World Investors raised its stake in shares of Uber Technologies by 1.1% in the 3rd quarter. Capital World Investors now owns 17,016,467 shares of the ride-sharing company’s stock valued at $1,667,121,000 after purchasing an additional 182,976 shares in the last quarter. Legal & General Group Plc raised its stake in shares of Uber Technologies by 1.2% in the 4th quarter. Legal & General Group Plc now owns 13,550,299 shares of the ride-sharing company’s stock valued at $1,107,195,000 after purchasing an additional 163,986 shares in the last quarter. Finally, Boston Partners raised its stake in shares of Uber Technologies by 2.9% in the 3rd quarter. Boston Partners now owns 9,422,708 shares of the ride-sharing company’s stock valued at $923,919,000 after purchasing an additional 263,824 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Trading Up 0.1%

Shares of NYSE:UBER opened at $71.87 on Monday. The stock has a market capitalization of $146.31 billion, a price-to-earnings ratio of 17.92, a PEG ratio of 6.11 and a beta of 1.16. Uber Technologies, Inc. has a 1-year low of $68.46 and a 1-year high of $101.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The company has a 50 day moving average price of $74.14 and a 200 day moving average price of $79.21.

Uber Technologies (NYSE:UBERGet Free Report) last issued its 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 firm had revenue of $13.20 billion during 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 firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period last year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on UBER shares. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. Citigroup restated a “buy” rating on shares of Uber Technologies in a research note on Tuesday, March 17th. Needham & Company LLC reiterated a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a research note on Thursday, May 7th. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. Finally, Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and an average target price of $104.97.

Read Our Latest Analysis on Uber Technologies

Insider Buying and Selling

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction that occurred on 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. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of Uber Technologies stock in a transaction that occurred on Tuesday, February 24th. The shares were acquired at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the acquisition, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 3.81% of the company’s stock.

Uber Technologies News Roundup

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

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.

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

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