NFJ Investment Group LLC Purchases 98,102 Shares of Uber Technologies, Inc. $UBER

NFJ Investment Group LLC raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 33.0% in the 4th quarter, Holdings Channel reports. The firm owned 394,961 shares of the ride-sharing company’s stock after acquiring an additional 98,102 shares during the period. Uber Technologies makes up 1.2% of NFJ Investment Group LLC’s investment portfolio, making the stock its 24th largest holding. NFJ Investment Group LLC’s holdings in Uber Technologies were worth $32,272,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Norges Bank purchased a new stake in Uber Technologies in the 4th quarter worth about $2,515,094,000. Marshall Wace LLP raised its position in Uber Technologies by 1,462.2% in the 4th quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock worth $546,919,000 after purchasing an additional 6,264,946 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Uber Technologies by 129.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock worth $776,883,000 after purchasing an additional 5,293,822 shares during the period. Capital Research Global Investors raised its position in Uber Technologies by 2.6% in the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after purchasing an additional 2,903,021 shares during the period. Finally, Egerton Capital UK LLP purchased a new stake in Uber Technologies in the 4th quarter worth about $219,079,000. Institutional investors own 80.24% of the company’s stock.

Insider Activity at Uber Technologies

In other news, 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 directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 3.81% of the company’s stock.

Key Uber Technologies News

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

• Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
• Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
• Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
• Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
• Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?

Uber Technologies Trading Down 1.3%

NYSE:UBER opened at $68.67 on Friday. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99. The firm has a fifty day simple moving average of $73.41 and a 200-day simple moving average of $77.16. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $139.79 billion, a P/E ratio of 17.13, a PEG ratio of 5.85 and a beta of 1.12.

Uber Technologies (NYSE:UBER) last posted 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. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the previous year, the firm posted $0.83 earnings per share. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on UBER shares. Piper Sandler increased their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” 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. UBS Group lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. Finally, The Goldman Sachs Group set a $115.00 price objective on shares of Uber Technologies in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $104.97.

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.