Uber Technologies, Inc. $UBER Shares Acquired by Oarsman Capital Inc.

Oarsman Capital Inc. lifted its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 63.0% in the fourth quarter, Holdings Channel reports. The firm owned 30,358 shares of the ride-sharing company’s stock after purchasing an additional 11,728 shares during the period. Oarsman Capital Inc.’s holdings in Uber Technologies were worth $2,481,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UBER. Vanguard Group Inc. lifted its stake in shares of Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after acquiring an additional 1,670,761 shares in the last quarter. Capital Research Global Investors raised its holdings in Uber Technologies by 2.6% in the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock valued at $9,270,561,000 after acquiring an additional 2,903,021 shares in the last quarter. Geode Capital Management LLC raised its holdings in Uber Technologies by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after acquiring an additional 1,602,596 shares in the last quarter. Norges Bank bought a new position in Uber Technologies during the 4th quarter valued at $2,515,094,000. Finally, Northern Trust Corp grew its holdings in Uber Technologies by 1.5% during the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after acquiring an additional 297,132 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies News Summary

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

Uber Technologies Price Performance

Shares of UBER opened at $72.85 on Tuesday. The stock’s fifty day moving average is $73.44 and its 200-day moving average is $77.04. The firm has a market capitalization of $148.29 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 5.85 and a beta of 1.12. 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 $67.19 and a one year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. Uber Technologies’s revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Analysts Set New Price Targets

UBER has been the subject of several research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. BNP Paribas Exane lowered Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Weiss Ratings downgraded Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. BTIG Research restated a “buy” rating and set a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. Finally, TD Cowen initiated coverage on shares of Uber Technologies in a report on Monday, May 11th. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $104.97.

Get Our Latest Analysis on UBER

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.

Recommended Stories

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBERFree Report).

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

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.