Maple Capital Management Inc. Buys 7,136 Shares of Uber Technologies, Inc. $UBER

Maple Capital Management Inc. increased its position in Uber Technologies, Inc. (NYSE:UBERFree Report) by 6.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 120,398 shares of the ride-sharing company’s stock after acquiring an additional 7,136 shares during the quarter. Maple Capital Management Inc.’s holdings in Uber Technologies were worth $9,838,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in UBER. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies in the third quarter worth $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Uber Technologies in the 4th quarter valued at about $28,000. Imprint Wealth LLC bought a new stake in shares of Uber Technologies during the 3rd quarter valued at about $32,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Uber Technologies during the third quarter worth about $34,000. Finally, Hager Investment Management Services LLC grew its holdings in shares of Uber Technologies by 276.2% during the fourth quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company’s stock worth $40,000 after purchasing an additional 359 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on UBER. Wall Street Zen downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Jefferies Financial Group reissued a “buy” rating on shares of Uber Technologies in a research note on Wednesday, January 7th. Truist Financial set a $108.00 price objective on shares of Uber Technologies in a research report on Monday, February 9th. DA Davidson lifted their price objective on shares of Uber Technologies from $105.00 to $107.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Morgan Stanley cut their target price on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $105.17.

Read Our Latest Stock Analysis on Uber Technologies

Insider Activity at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s 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 sale, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 3.81% of the company’s stock.

Key Stories Impacting Uber Technologies

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

Uber Technologies Stock Performance

Uber Technologies stock opened at $79.24 on Thursday. The firm has a fifty day simple moving average of $74.06 and a two-hundred day simple moving average of $80.91. 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 twelve month low of $68.46 and a twelve month high of $101.99. The company has a market capitalization of $161.89 billion, a PE ratio of 16.82, a P/E/G ratio of 6.72 and a beta of 1.16.

Uber Technologies (NYSE:UBERGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Research analysts expect that Uber Technologies, Inc. will post 3.32 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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