Uber Technologies, Inc. $UBER Shares Acquired by Mirabaud & Cie SA

Mirabaud & Cie SA increased its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 718.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,900 shares of the ride-sharing company’s stock after buying an additional 14,834 shares during the period. Uber Technologies makes up about 0.4% of Mirabaud & Cie SA’s investment portfolio, making the stock its 28th biggest position. Mirabaud & Cie SA’s holdings in Uber Technologies were worth $1,381,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Foster Group Inc. grew its stake in shares of Uber Technologies by 3.3% during the third quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock valued at $330,000 after acquiring an additional 107 shares in the last quarter. Sage Rhino Capital LLC lifted its stake in shares of Uber Technologies by 4.2% in the third quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock worth $268,000 after acquiring an additional 110 shares in the last quarter. Quent Capital LLC lifted its stake in shares of Uber Technologies by 3.3% in the third quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock worth $343,000 after acquiring an additional 111 shares in the last quarter. Advisors Capital Management LLC boosted its holdings in Uber Technologies by 1.8% in the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock valued at $627,000 after purchasing an additional 111 shares during the last quarter. Finally, Emergent Wealth Advisors LLC boosted its holdings in Uber Technologies by 0.7% in the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock valued at $1,701,000 after purchasing an additional 114 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Erste Group Bank downgraded Uber Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 5th. BNP Paribas Exane assumed coverage on Uber Technologies in a research note on Wednesday, January 14th. They set an “outperform” rating and a $108.00 target price for the company. Truist Financial set a $108.00 price target on shares of Uber Technologies in a research report on Monday, February 9th. Citizens Jmp raised shares of Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 price target on the stock in a report on Wednesday, February 4th. Finally, DA Davidson reduced their price objective on shares of Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $105.14.

Get Our Latest Analysis on Uber Technologies

Insiders Place Their Bets

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 completion of 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 document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction on Tuesday, February 24th. The shares were acquired at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares of the company’s stock, valued at $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.84% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Uber Technologies

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

Uber Technologies Trading Down 0.2%

NYSE:UBER opened at $71.77 on Thursday. The company has a market cap of $146.62 billion, a PE ratio of 15.24, a P/E/G ratio of 6.58 and a beta of 1.21. The business’s 50 day moving average is $74.70 and its two-hundred day moving average is $84.64. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 52 week low of $60.63 and a 52 week high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly 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 firm had revenue of $14.37 billion during 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%. Uber Technologies’s revenue was up 20.1% compared to the same quarter last year. During the same quarter 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 predict that Uber Technologies, Inc. will post 2.54 EPS 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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