University of Texas Texas AM Investment Management Co. lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 4,249.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 9,655 shares of the ride-sharing company’s stock after purchasing an additional 9,433 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in Uber Technologies were worth $789,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of UBER. Brighton Jones LLC boosted its stake in Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after buying an additional 2,474 shares during the period. Revolve Wealth Partners LLC boosted its holdings in Uber Technologies by 65.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after acquiring an additional 6,129 shares during the period. Bison Wealth LLC boosted its stake in shares of Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after purchasing an additional 641 shares during the period. Caxton Associates LLP purchased a new stake in Uber Technologies in the 1st quarter valued at about $304,000. Finally, Schnieders Capital Management LLC. bought a new position in Uber Technologies in the second quarter worth approximately $842,000. 80.24% of the stock is currently owned by institutional investors.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber announced a significant expansion of its ad business, introducing new brand-focused products that could open an additional revenue stream and improve profitability. Uber (UBER) Stock Trades Up, Here Is Why
- Positive Sentiment: Analyst sentiment remains constructive, with recent buy/overweight ratings and price targets well above the current trading range, suggesting Wall Street still sees upside potential for Uber Technologies (UBER).
- Neutral Sentiment: Broader coverage highlighted Uber’s scale, Uber One membership growth, and robotaxi ambitions, which continue to support the long-term investment case but do not represent an immediate catalyst.
- Neutral Sentiment: Some recent commentary has questioned Uber’s valuation and execution around heavy investments in new initiatives, reflecting ongoing debate among investors.
- Negative Sentiment: Fresh consumer reports and media investigations into pricing differences and AI-driven fare tactics at Uber and Lyft could raise regulatory and reputational concerns if they attract more scrutiny.
Uber Technologies Stock Up 5.8%
Uber Technologies (NYSE:UBER – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price target on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Citizens Jmp reiterated a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, April 28th. UBS Group downgraded shares of Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Piper Sandler upped their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, TD Cowen began coverage on shares of Uber Technologies in a research note on Monday, May 11th. They issued a “hold” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $104.97.
Check Out Our Latest Report on Uber Technologies
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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