Cerity Partners LLC boosted its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 4.7% in the fourth quarter, HoldingsChannel reports. The firm owned 1,053,066 shares of the ride-sharing company’s stock after buying an additional 47,722 shares during the period. Cerity Partners LLC’s holdings in Uber Technologies were worth $86,046,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. Cantillon Capital Management LLC grew its holdings in Uber Technologies by 0.8% in the fourth quarter. Cantillon Capital Management LLC now owns 5,140,663 shares of the ride-sharing company’s stock worth $420,044,000 after purchasing an additional 38,605 shares during the period. Deepwater Asset Management LLC grew its holdings in Uber Technologies by 28.6% in the fourth quarter. Deepwater Asset Management LLC now owns 181,566 shares of the ride-sharing company’s stock worth $14,836,000 after purchasing an additional 40,337 shares during the period. CenterBook Partners LP grew its holdings in Uber Technologies by 115.4% in the fourth quarter. CenterBook Partners LP now owns 263,986 shares of the ride-sharing company’s stock worth $21,570,000 after purchasing an additional 141,414 shares during the period. Fiera Capital Corp grew its holdings in Uber Technologies by 62.5% in the fourth quarter. Fiera Capital Corp now owns 484,079 shares of the ride-sharing company’s stock worth $39,554,000 after purchasing an additional 186,128 shares during the period. Finally, Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new stake in Uber Technologies in the fourth quarter worth $3,133,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber is expanding its autonomous-vehicle push, including sign-ups for Wayve-powered robotaxis in London and a Munich robotaxi program with Autobrains and Nvidia, reinforcing the company’s long-term growth narrative. Uber opens sign-ups for London ‘robotaxis’ ahead of launch ‘in months’
- Positive Sentiment: Commentary from analysts and media has been constructive, with articles calling Uber a potentially attractive long-term stock and highlighting growth, cash flow, and relatively low leverage. Zacks Investment Ideas feature highlights: SOXX, Uber Technologies and Netflix
- Positive Sentiment: Uber is also being discussed as a productivity and AI beneficiary, with coverage suggesting the company is finding ways to generate more revenue with fewer hires and monetize driver downtime through AI data services. Huge News for Uber Stock Investors
- Neutral Sentiment: Uber Canada’s support for the relaunch of an Indigenous Procurement Marketplace is a positive corporate/social initiative, but it is unlikely to move the stock much on its own. CCIB Relaunches Indigenous Procurement Marketplace, Supported by Uber Canada
- Negative Sentiment: Uber is facing fresh scrutiny over a disputed Delivery Hero-related expansion effort, which adds geopolitical, regulatory, and execution risk to its food-delivery strategy. Uber Delivery Hero Dispute Puts Expansion And Valuation Thesis Under Scrutiny
- Negative Sentiment: Some investors are also questioning whether Uber’s valuation can keep up with its growth story, with recent coverage framing the stock as a possible value trap versus a true growth engine. Is Uber Stock A Value Trap Or A Growth Engine?
Uber Technologies Stock Performance
Uber Technologies (NYSE:UBER – Get Free Report) last posted its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the prior year, the business posted $0.83 EPS. The business’s revenue 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. As a group, equities research analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.
Wall Street Analyst Weigh In
UBER has been the subject of a number of recent research reports. Macquarie Infrastructure upgraded shares of Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. Citizens Jmp restated a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, April 28th. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating for the company. TD Cowen initiated coverage on shares of Uber Technologies in a research note on Monday, May 11th. They set a “hold” rating for the company. Finally, Citigroup restated a “market outperform” rating on shares of Uber Technologies in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $104.68.
Read Our Latest Stock Report on UBER
Insider Activity
In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.81% of the stock is currently owned by 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.
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