Cerity Partners LLC Has $86.05 Million Stock Holdings in Uber Technologies, Inc. $UBER

Cerity Partners LLC boosted its stake in Uber Technologies, Inc. (NYSE:UBERFree 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:

Uber Technologies Stock Performance

NYSE UBER opened at $70.43 on Wednesday. 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 current ratio of 1.07 and a quick ratio of 1.07. The firm has a market cap of $143.36 billion, a price-to-earnings ratio of 17.56, a PEG ratio of 5.96 and a beta of 1.12. The company has a fifty day moving average price of $73.54 and a 200-day moving average price of $77.42.

Uber Technologies (NYSE:UBERGet 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

(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.

Further Reading

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

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