Uber Technologies, Inc. $UBER Shares Bought by GS Investments Inc.

GS Investments Inc. raised its position in Uber Technologies, Inc. (NYSE:UBERFree Report) by 125.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 25,017 shares of the ride-sharing company’s stock after acquiring an additional 13,905 shares during the quarter. GS Investments Inc.’s holdings in Uber Technologies were worth $2,044,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the third quarter valued at approximately $25,000. Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies during the fourth quarter valued at approximately $27,000. Ares Financial Consulting LLC acquired a new position in shares of Uber Technologies during the fourth quarter valued at approximately $28,000. Imprint Wealth LLC acquired a new position in shares of Uber Technologies during the third quarter valued at approximately $32,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Uber Technologies during the third quarter valued at approximately $34,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies News Summary

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

Insiders Place Their Bets

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. Insiders own 3.81% of the company’s stock.

Uber Technologies Trading Down 2.2%

Shares of NYSE:UBER opened at $70.25 on Wednesday. The stock has a market capitalization of $143.00 billion, a price-to-earnings ratio of 17.52, 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 $74.06 and a 200 day moving average price of $78.89.

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.

Analysts Set New Price Targets

UBER has been the topic of a number of research analyst reports. Stifel Nicolaus lowered their price objective on shares of Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. JPMorgan Chase & Co. raised their price objective on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. 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. Wells Fargo & Company raised their price objective on shares of Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, DA Davidson reiterated a “buy” rating and set a $107.00 price objective on shares of Uber Technologies in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $104.97.

Read Our Latest Analysis on Uber Technologies

Uber Technologies Company 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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