Hillsdale Investment Management Inc. Takes $5.34 Million Position in Uber Technologies, Inc. $UBER

Hillsdale Investment Management Inc. bought a new position in Uber Technologies, Inc. (NYSE:UBER) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 54,540 shares of the ride-sharing company’s stock, valued at approximately $5,343,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UBER. Vanguard Group Inc. raised its holdings in shares of Uber Technologies by 0.7% in the third quarter. Vanguard Group Inc. now owns 190,828,841 shares of the ride-sharing company’s stock valued at $18,695,502,000 after buying an additional 1,277,322 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Uber Technologies by 2.6% during the second quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company’s stock worth $4,258,756,000 after purchasing an additional 1,168,288 shares in the last quarter. Norges Bank acquired a new position in shares of Uber Technologies during the second quarter worth approximately $2,348,319,000. Charles Schwab Investment Management Inc. grew its stake in shares of Uber Technologies by 1.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 13,810,255 shares of the ride-sharing company’s stock valued at $1,288,497,000 after purchasing an additional 142,933 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Uber Technologies by 5.2% in the second quarter. Legal & General Group Plc now owns 12,518,594 shares of the ride-sharing company’s stock valued at $1,167,985,000 after purchasing an additional 615,692 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Performance

Shares of UBER stock opened at $73.76 on Friday. The stock has a market cap of $151.80 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 6.76 and a beta of 1.21. The stock has a 50-day moving average of $79.79 and a 200-day moving average of $88.51. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15. Uber Technologies, Inc. has a one year low of $60.63 and a one year high of $101.99.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The firm had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. During the same quarter in the prior year, the firm posted $3.21 EPS. The firm’s revenue for the quarter was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, sell-side analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insiders Place Their Bets

In other Uber Technologies news, insider Tony West sold 3,125 shares of the business’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the transaction, the insider directly 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.84% of the company’s stock.

Wall Street Analyst Weigh In

UBER has been the subject of several research reports. Stifel Nicolaus lowered their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating for the company in a research note on Tuesday, January 27th. Canaccord Genuity Group set a $72.00 price objective on Uber Technologies in a research report on Thursday, February 5th. The Goldman Sachs Group set a $125.00 price target on shares of Uber Technologies in a research report on Wednesday, February 4th. Wedbush dropped their price target on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Finally, UBS Group set a $111.00 price objective on shares of Uber Technologies in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $104.61.

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.