Uber Technologies, Inc. $UBER Shares Purchased by NEOS Investment Management LLC

NEOS Investment Management LLC lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 50.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 253,823 shares of the ride-sharing company’s stock after acquiring an additional 84,889 shares during the period. NEOS Investment Management LLC’s holdings in Uber Technologies were worth $24,867,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kilter Group LLC purchased a new stake in shares of Uber Technologies during the second quarter valued at approximately $26,000. Westend Capital Management LLC purchased a new stake in Uber Technologies during the 3rd quarter worth $27,000. Total Investment Management Inc. acquired a new position in Uber Technologies in the 2nd quarter worth $32,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Uber Technologies in the third quarter worth $34,000. Finally, Howard Hughes Medical Institute acquired a new position in Uber Technologies during the 2nd quarter valued at approximately $42,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

UBER has been the topic of several recent analyst reports. Needham & Company LLC reissued a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a report on Tuesday, February 3rd. Truist Financial set a $108.00 target price on shares of Uber Technologies in a research report on Monday, February 9th. BMO Capital Markets reduced their price objective on shares of Uber Technologies from $113.00 to $106.00 and set an “outperform” rating for the company in a research note on Wednesday, November 5th. Guggenheim reissued a “buy” rating and issued a $135.00 target price on shares of Uber Technologies in a research note on Thursday, January 22nd. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $104.89.

Insider Activity

In other news, insider Tony West sold 3,125 shares of the stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the transaction, the insider directly owned 176,584 shares in the company, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.70% of the company’s stock.

Uber Technologies Stock Performance

Uber Technologies stock opened at $69.83 on Tuesday. The stock has a 50-day simple moving average of $80.86 and a 200 day simple moving average of $88.96. The company has a quick ratio of 1.15, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The stock has a market capitalization of $145.09 billion, a price-to-earnings ratio of 14.83, a P/E/G ratio of 6.40 and a beta of 1.21.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The company had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period last year, the firm earned $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Uber Technologies Company 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.