Uber Technologies, Inc. $UBER Shares Sold by Nwam LLC

Nwam LLC cut its stake in Uber Technologies, Inc. (NYSE:UBER) by 59.0% during the 4th quarter, HoldingsChannel reports. The fund owned 5,139 shares of the ride-sharing company’s stock after selling 7,393 shares during the period. Nwam LLC’s holdings in Uber Technologies were worth $421,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies in the third quarter valued at $25,000. Imprint Wealth LLC acquired a new stake in Uber Technologies in the third quarter valued at $32,000. Ares Financial Consulting LLC acquired a new stake in Uber Technologies in the fourth quarter valued at $28,000. Pilgrim Partners Asia Pte Ltd bought a new stake in Uber Technologies during the third quarter valued at $34,000. Finally, Financial Network Wealth Advisors LLC increased its stake in Uber Technologies by 116.7% during the third quarter. Financial Network Wealth Advisors LLC now owns 455 shares of the ride-sharing company’s stock valued at $45,000 after purchasing an additional 245 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on UBER shares. Stifel Nicolaus lowered their target price on shares of Uber Technologies from $122.00 to $105.00 and set a “buy” rating for the company in a research note on Tuesday, January 27th. Wedbush lowered their target price 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. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday. US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research note on Monday. Finally, HSBC lowered shares of Uber Technologies to a “reduce” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $105.11.

More Uber Technologies News

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

• Positive Sentiment: Uber reported strong first-quarter momentum, with trips, revenue, and gross bookings all rising, reinforcing the view that its core ride-hailing and delivery businesses are still growing briskly. Article Title
• Positive Sentiment: Management appears to have boosted investor confidence by guiding above expectations and showing that bookings accelerated again, which supports the stock’s bull case after earnings. Article Title
• Positive Sentiment: Uber is deepening its push into autonomous mobility by exploring a driver-sensor network that could become a new data and monetization opportunity, potentially improving its long-term valuation. Article Title
• Positive Sentiment: The company continues to broaden its platform with partnerships in retail and travel, including Ulta Beauty and Expedia, which could support more cross-selling and revenue diversification. Article Title
• Neutral Sentiment: Uber also announced that its CFO will speak at Bernstein’s conference later this month, a routine investor-relations event that may keep the stock in focus but is unlikely to move shares by itself. Article Title
• Neutral Sentiment: Several articles highlight that Uber is attracting heavy investor attention and that analysts remain engaged, which underscores interest in the name but does not add new fundamental information. Article Title
• Negative Sentiment: Longer-term concerns remain around autonomous-vehicle competition and the possibility that self-driving technology could reduce the need for human drivers, which is why some coverage frames the robotaxi opportunity as both a growth driver and a threat. Article Title

Insider Activity

In other news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the transaction, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, 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 position. The disclosure for this sale is available in the SEC filing. 3.81% of the stock is currently owned by corporate insiders.

Uber Technologies Stock Up 0.4%

Uber Technologies stock opened at $76.43 on Wednesday. The company has a 50-day simple moving average of $74.28 and a 200-day simple moving average of $80.45. The firm has a market capitalization of $155.57 billion, a P/E ratio of 19.06, a P/E/G ratio of 5.87 and a beta of 1.16. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies, Inc. has a one year low of $68.46 and a one year high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results 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 business had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts expect that Uber Technologies, Inc. will post 3.25 earnings per share for the current year.

Uber Technologies 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.