ABN Amro Investment Solutions Buys 39,994 Shares of Uber Technologies, Inc. $UBER

ABN Amro Investment Solutions increased its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 26.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 193,708 shares of the ride-sharing company’s stock after acquiring an additional 39,994 shares during the quarter. ABN Amro Investment Solutions’ holdings in Uber Technologies were worth $15,828,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Uber Technologies by 129.7% in the fourth 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 last quarter. Massachusetts Financial Services Co. MA increased its position in Uber Technologies by 65.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company’s stock worth $400,596,000 after purchasing an additional 1,935,832 shares during the last quarter. C WorldWide Group Holding A S bought a new stake in Uber Technologies in the third quarter worth $173,776,000. Vanguard Group Inc. increased its position in 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 purchasing an additional 1,670,761 shares during the last quarter. Finally, Danske Bank A S bought a new stake in Uber Technologies in the third quarter worth $151,979,000. Institutional investors own 80.24% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s 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 of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The shares were bought at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. 3.81% of the stock is currently owned by insiders.

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Analysts Set New Price Targets

Several brokerages recently weighed in on UBER. Citizens Jmp restated a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, April 28th. HSBC cut shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Benchmark restated a “hold” rating on shares of Uber Technologies in a research report on Thursday, February 5th. Wedbush cut their price objective on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Finally, US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $105.11.

Read Our Latest Analysis on UBER

Uber Technologies Stock Up 0.8%

Shares of UBER opened at $74.66 on Thursday. The firm has a market capitalization of $151.97 billion, a P/E ratio of 18.62, a P/E/G ratio of 6.30 and a beta of 1.16. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99. 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 firm has a fifty day moving average price of $74.18 and a 200-day moving average price of $79.57.

Uber Technologies (NYSE:UBERGet Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’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 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

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.

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

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