Comgest Global Investors S.A.S. Has $14.18 Million Position in Uber Technologies, Inc. $UBER

Comgest Global Investors S.A.S. grew its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 69.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 144,696 shares of the ride-sharing company’s stock after buying an additional 59,300 shares during the quarter. Comgest Global Investors S.A.S.’s holdings in Uber Technologies were worth $14,176,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Brant Point Investment Management LLC bought a new position in shares of Uber Technologies during the second quarter worth about $933,000. Spirepoint Private Client LLC boosted its position in Uber Technologies by 21.9% during the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock worth $7,331,000 after acquiring an additional 13,454 shares during the last quarter. Econ Financial Services Corp bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $1,538,000. Transcendent Capital Group LLC bought a new position in shares of Uber Technologies during the 3rd quarter worth approximately $1,859,000. Finally, Munro Partners acquired a new stake in shares of Uber Technologies in the second quarter valued at approximately $96,294,000. 80.24% of the stock is currently owned by institutional investors.

Key Stories Impacting Uber Technologies

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

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the sale, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.84% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $108.00 target price on shares of Uber Technologies in a research report on Wednesday, October 29th. Citigroup decreased their price objective on Uber Technologies from $120.00 to $110.00 and set a “buy” rating for the company in a report on Friday, February 6th. UBS Group set a $111.00 target price on Uber Technologies in a report on Monday, February 2nd. KeyCorp reduced their price target on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Finally, Susquehanna reaffirmed a “positive” rating and set a $110.00 price target on shares of Uber Technologies in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $104.61.

Read Our Latest Stock Report on Uber Technologies

Uber Technologies Stock Performance

NYSE UBER opened at $72.79 on Thursday. The firm has a 50-day moving average price of $80.27 and a two-hundred day moving average price of $88.73. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The company has a market capitalization of $149.81 billion, a P/E ratio of 15.45, a P/E/G ratio of 6.45 and a beta of 1.21. The company has a quick ratio of 1.15, a current ratio of 1.14 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBERGet Free Report) last released its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The company had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business’s revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

About Uber Technologies

(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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