Money Concepts Capital Corp Decreases Stock Position in Uber Technologies, Inc. $UBER

Money Concepts Capital Corp cut its holdings in Uber Technologies, Inc. (NYSE:UBER) by 86.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,650 shares of the ride-sharing company’s stock after selling 16,319 shares during the quarter. Money Concepts Capital Corp’s holdings in Uber Technologies were worth $217,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Transcendent Capital Group LLC purchased a new position in Uber Technologies in the 3rd quarter valued at about $1,859,000. Mawer Investment Management Ltd. purchased a new position in Uber Technologies in the 3rd quarter valued at about $74,107,000. Longbow Finance SA lifted its holdings in Uber Technologies by 51.8% in the 3rd quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock valued at $11,001,000 after purchasing an additional 38,304 shares in the last quarter. Rhumbline Advisers lifted its holdings in Uber Technologies by 1.1% in the 3rd quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock valued at $365,479,000 after purchasing an additional 42,278 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UBER has been the subject of a number of research analyst reports. Morgan Stanley dropped their price objective on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. DA Davidson upped their price objective on shares of Uber Technologies from $105.00 to $107.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Wall Street Zen downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. HSBC downgraded shares of Uber Technologies to a “reduce” rating in a research note on Monday. Finally, Guggenheim reaffirmed a “buy” rating and set a $125.00 price objective on shares of Uber Technologies in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $105.11.

Insider Buying and Selling

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the transaction, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was 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 owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The SEC filing for this sale provides additional information. 3.81% of the stock is currently owned by corporate insiders.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber said its Uber One subscription program has reached 50 million members, highlighting strong customer loyalty and recurring revenue potential as the company deepens engagement across rides and delivery. Uber just hit an impressive 50M milestone
• Positive Sentiment: Uber is expanding its technology and operations footprint in India with two new campuses and a data-center partnership, signaling ongoing investment in product development and infrastructure that could support future growth. Uber to open 2 campuses in India to support product development, operations
• Positive Sentiment: Analyst sentiment remains constructive, with Fox Advisors upgrading Uber to Outperform and setting a $95 target, while another update nudged fair-value estimates higher as investors reassess Uber’s autonomy partnerships and valuation. Uber Technologies (UBER) – Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio How The Uber Technologies (UBER) Narrative Is Shifting Around Autonomy Deals And Valuation
• Positive Sentiment: Uber continues to get bullish attention from prominent market voices and investors, including commentary from Jim Cramer and a note that billionaire David Tepper views Uber as a top AI stock, which may help sentiment around the shares. Jim Cramer on Uber: “There Aren’t Many as Good” This is why Uber Technologies, Inc. (UBER) is a Top AI Stock, according to Billionaire David Tepper
• Neutral Sentiment: Several articles continue to frame Uber as a potential “everything app” or a beneficiary of robotaxi and autonomy upside, but these are longer-term themes rather than immediate catalysts. Can Uber Make an “Everything” App? Uber: Accelerating Flywheel With Superapp And Robotaxis Upside
• Neutral Sentiment: Uber’s leadership reshuffle, focused on AI and autonomous-vehicle risk management, appears strategic rather than alarming and may simply reflect the company’s shifting priorities. Uber Reshapes Leadership To Tackle AI And Autonomous Vehicle Risks
• Negative Sentiment: Uber’s public sparring with Waymo could underscore competitive pressure in autonomous driving, even if it does not change near-term fundamentals. Uber has been taking direct — and indirect — shots at its partner, Waymo

Uber Technologies Stock Down 0.0%

UBER opened at $74.70 on Friday. The firm has a 50 day moving average price of $74.22 and a 200 day moving average price of $80.17. The company has a market cap of $152.05 billion, a PE ratio of 18.63, a price-to-earnings-growth ratio of 5.76 and a beta of 1.16. Uber Technologies, Inc. has a 1 year low of $68.46 and a 1 year high of $101.99. 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 (NYSE:UBER) last posted its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion during 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%. The company’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Sell-side 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.