First Trust Advisors LP Has $60.42 Million Position in Uber Technologies, Inc. $UBER

First Trust Advisors LP boosted its position in Uber Technologies, Inc. (NYSE:UBERFree Report) by 61.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 616,671 shares of the ride-sharing company’s stock after buying an additional 233,984 shares during the period. First Trust Advisors LP’s holdings in Uber Technologies were worth $60,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of 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 in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Uber Technologies by 65.0% in the fourth 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 in the last quarter. Bison Wealth LLC grew its stake in shares of Uber Technologies by 20.3% in the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after acquiring an additional 641 shares in the last quarter. Caxton Associates LLP bought a new position in Uber Technologies during the first quarter worth about $304,000. Finally, Schnieders Capital Management LLC. bought a new position in Uber Technologies during the second quarter worth about $842,000. 80.24% of the stock is owned by institutional investors and hedge funds.

More Uber Technologies News

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Insiders Place Their Bets

In related news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The stock was bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the acquisition, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Tony West sold 3,125 shares of the stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the transaction, the insider owned 176,584 shares of the company’s stock, valued at $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 3.70% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Melius Research set a $73.00 price objective on shares of Uber Technologies in a report on Monday, January 5th. Wells Fargo & Company lowered their target price on shares of Uber Technologies from $122.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. UBS Group set a $111.00 price target on shares of Uber Technologies in a research report on Monday, February 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a research note on Tuesday, February 3rd. Finally, BTIG Research reissued a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $105.29.

View Our Latest Stock Analysis on UBER

Uber Technologies Trading Down 2.0%

UBER opened at $72.40 on Wednesday. The company has a market cap of $149.00 billion, a P/E ratio of 15.37, a PEG ratio of 6.77 and a beta of 1.22. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The company’s 50 day moving average is $78.20 and its 200-day moving average is $86.93. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last released 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). The company had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.Uber Technologies’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities research analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Uber Technologies Company Profile

(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.

See Also

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:UBERFree Report).

Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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