MUFG Securities EMEA plc grew its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 1,399.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 598,582 shares of the ride-sharing company’s stock after purchasing an additional 558,666 shares during the quarter. MUFG Securities EMEA plc’s holdings in Uber Technologies were worth $48,910,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC bought a new stake in shares of Uber Technologies in the 3rd quarter valued at $1,859,000. Mawer Investment Management Ltd. bought a new stake in shares of Uber Technologies in the 3rd quarter valued at $74,107,000. Rhumbline Advisers increased its stake in shares of Uber Technologies by 1.1% in the 3rd quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock valued at $365,479,000 after acquiring an additional 42,278 shares in the last quarter. Longbow Finance SA increased its stake in shares of Uber Technologies by 51.8% in the 3rd quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock valued at $11,001,000 after acquiring an additional 38,304 shares in the last quarter. Finally, Vanguard Group Inc. increased 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 acquiring an additional 1,670,761 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.
Uber Technologies Stock Performance
NYSE UBER opened at $70.30 on Friday. The company has a fifty day simple moving average of $73.71 and a 200 day simple moving average of $78.53. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a market cap of $143.10 billion, a P/E ratio of 17.53, a PEG ratio of 5.99 and a beta of 1.16.
Analysts Set New Price Targets
Several research firms have recently weighed in on UBER. Truist Financial lifted their price objective on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Citigroup reissued a “market outperform” rating on shares of Uber Technologies in a research report on Tuesday. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research report on Thursday, February 5th. Roth Mkm set a $105.00 price target on shares of Uber Technologies in a research report on Thursday, February 5th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $104.68.
Read Our Latest Stock Analysis on Uber Technologies
Key Headlines Impacting Uber Technologies
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
Insider Transactions at Uber Technologies
In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction 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 transaction, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.81% of the stock is owned by corporate insiders.
Uber Technologies Company Profile
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.
Featured Stories
- Five stocks we like better than Uber Technologies
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBER – Free Report).
Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
