Handelsbanken Fonder AB Sells 782,957 Shares of Uber Technologies, Inc. $UBER

Handelsbanken Fonder AB trimmed its stake in Uber Technologies, Inc. (NYSE:UBER) by 36.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,339,552 shares of the ride-sharing company’s stock after selling 782,957 shares during the period. Handelsbanken Fonder AB’s holdings in Uber Technologies were worth $109,455,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies in the 3rd quarter worth approximately $25,000. Imprint Wealth LLC bought a new position in Uber Technologies in the 3rd quarter worth approximately $32,000. Ares Financial Consulting LLC bought a new position in Uber Technologies in the 4th quarter worth approximately $28,000. Pilgrim Partners Asia Pte Ltd bought a new position in Uber Technologies in the 3rd quarter worth approximately $34,000. Finally, Archer Investment Corp increased its position in Uber Technologies by 33.2% in the 3rd quarter. Archer Investment Corp now owns 473 shares of the ride-sharing company’s stock worth $46,000 after buying an additional 118 shares during the period. 80.24% of the stock is owned by institutional investors.

Uber Technologies News Summary

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

• Positive Sentiment: Analysts and market commentary highlighted Uber’s strong Q1 results, including an EPS beat and guidance for solid Q2 gross bookings, reinforcing the view that Mobility and Delivery demand remains resilient. UBER vs. LYFT: Which Stock Is Better Positioned Post Q1 Results?
• Positive Sentiment: Uber is expanding its delivery footprint by adding more than 1,500 Ulta Beauty stores to Uber Eats, showing continued progress in broadening beyond ride-hailing into everyday services and retail delivery. Ulta Beauty Tie-Up and Q1 Results Could Be A Game Changer For Uber Technologies (UBER)
• Positive Sentiment: Uber boosted its stake in Germany’s Delivery Hero to 19.5%, signaling continued international investment and a willingness to deepen its presence in overseas delivery markets. Uber raises stake in Germany’s Delivery Hero
• Positive Sentiment: Uber and Naver reportedly formed a consortium to bid for South Korea’s Baedal Minjok, suggesting further expansion opportunities in a major food-delivery market. Uber, Naver team up on Baemin takeover -Seoul Economic Daily
• Neutral Sentiment: Additional coverage framed Uber as well positioned versus Lyft after Q1, but the article was largely a comparative analysis rather than new company-specific news. UBER vs. LYFT: Which Stock Is Better Positioned Post Q1 Results?
• Neutral Sentiment: News about Lucid’s robotaxi-related headlines mentioned Uber only indirectly, with no clear direct impact on Uber’s fundamentals. Lucid Stock Falls Despite Progress On Uber Robotaxi: What Investors Need To Know

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $75.06 on Tuesday. Uber Technologies, Inc. has a 1-year low of $68.46 and a 1-year high of $101.99. The firm has a market capitalization of $152.80 billion, a PE ratio of 18.72, a PEG ratio of 6.38 and a beta of 1.16. The business’s 50 day moving average is $74.18 and its 200-day moving average is $79.88. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the firm earned $0.83 EPS. Uber Technologies’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. Sell-side analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have commented on UBER. JPMorgan Chase & Co. lifted their price target on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Royal Bank Of Canada began coverage on Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating on the stock. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, April 28th. Piper Sandler lifted their price target on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Mizuho dropped their price target on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $105.11.

Insider Activity at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the acquisition, the chief financial officer owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies 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 sale, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.81% of the stock is currently owned by company insiders.

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.