First National Trust Co Buys 18,236 Shares of Uber Technologies, Inc. $UBER

First National Trust Co raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 44.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,512 shares of the ride-sharing company’s stock after purchasing an additional 18,236 shares during the period. First National Trust Co’s holdings in Uber Technologies were worth $4,863,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at about $25,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Uber Technologies during the 4th quarter valued at about $27,000. Ares Financial Consulting LLC purchased a new stake in shares of Uber Technologies during the 4th quarter valued at about $28,000. Imprint Wealth LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at about $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at about $34,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Performance

Shares of NYSE:UBER opened at $71.87 on Friday. The firm has a market cap of $146.31 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 6.11 and a beta of 1.16. The firm’s 50 day simple moving average is $74.14 and its 200-day simple moving average is $79.36. Uber Technologies, Inc. has a one year low of $68.46 and a one 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 issued its 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 business had revenue of $13.20 billion for 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 company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the company posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, equities analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Uber Technologies News Summary

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

• Positive Sentiment: Uber is reportedly considering a full acquisition of Delivery Hero, a move that could broaden its global food-delivery scale and improve its competitive position outside the U.S. Uber explores takeover of European food delivery rival Delivery Hero – Bloomberg
• Positive Sentiment: Analysts and media coverage also pointed to strong underlying business momentum, with Uber’s gross bookings still growing and its Q2 guidance implying continued demand in Mobility and Delivery. Sustained Gross Bookings Momentum Benefits Uber: What Lies Ahead?
• Positive Sentiment: Uber’s autonomous-vehicle strategy remains a key long-term catalyst, with Nvidia saying its partnership could help power robotaxi expansion across nearly 30 cities and four continents by 2028. Jensen Huang Says Nvidia Is Powering Uber’s Push Into Trillion-Dollar Self-Driving Opportunity Across 30 Cities
• Neutral Sentiment: Uber was also linked to broader commentary on its post-earnings outlook and autonomous push, but these pieces were more thematic than immediately stock-moving. What’s next for Uber after Q1 earnings and its aggressive autonomous push?
• Negative Sentiment: Investor caution increased because a takeover of Delivery Hero could require significant spending and may distract from Uber’s push for profitability and disciplined capital deployment. Uber considers full takeover of Delivery Hero in major expansion move: Report
• Negative Sentiment: Separate headlines about potential liability and insurance issues around Uber’s driver accidents added to regulatory and reputational concerns. Consumer Watchdog Report: Uber Plan To Limit Accident Liability Aims To Free Up Insurance Reserves

Insider Buying and Selling

In related news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of Uber Technologies stock in a transaction dated Tuesday, February 24th. The shares were acquired at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the transaction, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. The trade was a 357.02% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’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 transaction of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 3.81% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on UBER shares. Truist Financial upped their target price on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. UBS Group cut shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, May 11th. Citigroup restated a “buy” rating on shares of Uber Technologies in a research report on Tuesday, March 17th. Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Finally, BNP Paribas Exane cut shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $104.97.

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.