Edgemoor Investment Advisors Inc. raised its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 25.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 39,105 shares of the ride-sharing company’s stock after purchasing an additional 8,029 shares during the quarter. Edgemoor Investment Advisors Inc.’s holdings in Uber Technologies were worth $3,195,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies during the 3rd quarter valued at $25,000. Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies in the fourth quarter worth $27,000. Ares Financial Consulting LLC acquired a new position in shares of Uber Technologies in the fourth quarter worth $28,000. Imprint Wealth LLC purchased a new stake in shares of Uber Technologies during the third quarter worth $32,000. Finally, Blueline Advisors LLC purchased a new stake in shares of Uber Technologies during the fourth quarter worth $37,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Insiders Place Their Bets
In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s 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 transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.81% of the stock is currently owned by company insiders.
Uber Technologies Stock Performance
Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. The company had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.Uber Technologies’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current year.
Analysts Set New Price Targets
A number of research analysts have commented on the company. HSBC downgraded Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. Wolfe Research set a $100.00 price target on Uber Technologies in a research note on Friday. Wells Fargo & Company increased their price objective on Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Macquarie Infrastructure raised shares of Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $104.68.
Get Our Latest Stock Report on Uber Technologies
Key Uber Technologies News
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber unveiled a $49 shuttle service for FIFA World Cup matches across major U.S. venues, a move that could boost rides demand and strengthen Uber’s event-driven transportation business. Uber Plans $49 Shuttle for New York-New Jersey World Cup Matches
- Positive Sentiment: Uber is partnering with hotel platform Mews to integrate into 15,000 hotels worldwide, expanding its reach with travelers and potentially creating more booking-driven ride volume. Uber wants to answer the hotel industry’s most asked question. Now it’s integrating into 15,000 hotels globally
- Neutral Sentiment: SRx Health Solutions disclosed a new investment in Uber as part of its portfolio update, which adds another data point of outside investor interest but is not a direct operating catalyst. SRx Health Solutions Invests in Uber Technologies, Inc. and Provides Shareholders with Portfolio Update
- Negative Sentiment: Uber reportedly raised its stake in Delivery Hero to about 36.83% and is said to be exploring a takeover, which may increase strategic optionality but also raises concerns about cash use, integration risk, and capital allocation. Uber raises Delivery Hero stake, increasing takeover odds
- Negative Sentiment: Reports that Uber exhausted its full-year 2026 AI budget early underscore rising cost pressure in technology spending, which could weigh on margins if AI investment continues to escalate. Token Shock Hits Silicon Valley’s Biggest Spenders
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.
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