Clarkston Capital Partners LLC Buys New Position in Uber Technologies, Inc. $UBER

Clarkston Capital Partners LLC bought a new stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) in the 4th quarter, Holdings Channel.com reports. The firm bought 20,860 shares of the ride-sharing company’s stock, valued at approximately $1,704,000.

Other large investors also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new stake in Uber Technologies during the third quarter valued at approximately $25,000. Lloyd Advisory Services LLC. bought a new stake in Uber Technologies during the fourth quarter valued at approximately $27,000. Ares Financial Consulting LLC bought a new stake in Uber Technologies during the fourth quarter valued at approximately $28,000. Gould Capital LLC grew its position in Uber Technologies by 245.0% during the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after buying an additional 245 shares during the period. Finally, SWAN Capital LLC grew its position in Uber Technologies by 265.0% during the fourth quarter. SWAN Capital LLC now owns 365 shares of the ride-sharing company’s stock valued at $30,000 after buying an additional 265 shares during the period. 80.24% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the transaction, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.81% of the stock is currently owned by insiders.

Key Uber Technologies News

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

Uber Technologies Stock Performance

UBER opened at $68.67 on Friday. The firm has a market cap of $139.79 billion, a P/E ratio of 17.13, a PEG ratio of 5.91 and a beta of 1.12. Uber Technologies, Inc. has a 1-year low of $67.19 and a 1-year high of $101.99. The company has a 50 day simple moving average of $73.41 and a two-hundred day simple moving average of $77.16. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates 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 revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 28th. Needham & Company LLC restated a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. UBS Group lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. Wolfe Research set a $100.00 target price on shares of Uber Technologies in a research report on Friday, May 29th. Finally, US Capital Advisors set a $95.00 target price on shares of Uber Technologies in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $104.97.

Check Out Our Latest Stock Analysis on UBER

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

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

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