Sendero Wealth Management LLC Sells 7,347 Shares of Uber Technologies, Inc. $UBER

Sendero Wealth Management LLC lowered its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 9.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,807 shares of the ride-sharing company’s stock after selling 7,347 shares during the period. Uber Technologies comprises about 0.7% of Sendero Wealth Management LLC’s holdings, making the stock its 26th largest holding. Sendero Wealth Management LLC’s holdings in Uber Technologies were worth $5,949,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Mayflower Financial Advisors LLC raised its holdings in shares of Uber Technologies by 9.2% during the 4th quarter. Mayflower Financial Advisors LLC now owns 9,391 shares of the ride-sharing company’s stock valued at $767,000 after buying an additional 789 shares in the last quarter. Regatta Capital Group LLC boosted its stake in Uber Technologies by 3.8% in the fourth quarter. Regatta Capital Group LLC now owns 6,908 shares of the ride-sharing company’s stock worth $564,000 after buying an additional 252 shares in the last quarter. Argentarii LLC boosted its stake in Uber Technologies by 53.5% in the fourth quarter. Argentarii LLC now owns 3,330 shares of the ride-sharing company’s stock worth $272,000 after buying an additional 1,160 shares in the last quarter. Wynn Capital LLC grew its position in Uber Technologies by 21.6% during the fourth quarter. Wynn Capital LLC now owns 3,326 shares of the ride-sharing company’s stock valued at $272,000 after acquiring an additional 591 shares during the last quarter. Finally, Signal Advisors Wealth LLC grew its position in Uber Technologies by 7.7% during the fourth quarter. Signal Advisors Wealth LLC now owns 62,551 shares of the ride-sharing company’s stock valued at $5,111,000 after acquiring an additional 4,494 shares during the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Tony West sold 3,125 shares of Uber Technologies 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 sale, the insider owned 176,584 shares in the company, valued at $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 SEC, which is available at this link. Also, 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 completion of the sale, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.84% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on UBER. UBS Group set a $111.00 price objective on shares of Uber Technologies in a report on Monday, February 2nd. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Morgan Stanley decreased their target price on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Wall Street Zen downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, Citigroup restated a “buy” rating on shares of Uber Technologies in a research report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $105.29.

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Uber Technologies News Summary

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Uber Technologies Trading Down 3.4%

NYSE UBER opened at $70.59 on Friday. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a 50 day simple moving average of $75.80 and a two-hundred day simple moving average of $85.38. The stock has a market cap of $144.21 billion, a P/E ratio of 14.99, a price-to-earnings-growth ratio of 6.69 and a beta of 1.22.

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

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

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