Cloverfields Capital Group LP boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 32.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 76,003 shares of the ride-sharing company’s stock after acquiring an additional 18,787 shares during the quarter. Uber Technologies comprises about 1.9% of Cloverfields Capital Group LP’s investment portfolio, making the stock its 14th biggest position. Cloverfields Capital Group LP’s holdings in Uber Technologies were worth $6,210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently added to or reduced their stakes in the stock. Titan Investment Solutions Ltd purchased a new stake in Uber Technologies during the 4th quarter valued at $28,234,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Uber Technologies during the fourth quarter valued at approximately $335,000. Milford Funds Ltd. bought a new position in shares of Uber Technologies during the fourth quarter valued at approximately $12,447,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Uber Technologies by 2.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,078,612 shares of the ride-sharing company’s stock valued at $1,068,653,000 after buying an additional 258,448 shares during the last quarter. Finally, Korea Investment CORP grew its stake in shares of Uber Technologies by 7.5% during the fourth quarter. Korea Investment CORP now owns 1,577,449 shares of the ride-sharing company’s stock valued at $128,893,000 after buying an additional 110,084 shares during the last quarter. 80.24% of the stock is owned by institutional investors.
Uber Technologies Stock Down 1.3%
Uber Technologies stock opened at $68.67 on Friday. The business has a fifty day moving average of $73.41 and a two-hundred day moving average of $77.16. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm has a market cap of $139.79 billion, a P/E ratio of 17.13, a P/E/G ratio of 5.91 and a beta of 1.12. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
- Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
- Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
- Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
- Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?
Insider Activity at Uber Technologies
In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction 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 transaction, the senior vice president directly owned 460,756 shares of the company’s stock, 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 Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 3.81% of the company’s stock.
Analysts Set New Price Targets
UBER has been the topic of a number of analyst reports. Citizens Jmp reaffirmed a “market outperform” rating and set a $100.00 target price on shares of Uber Technologies in a research note on Tuesday, April 28th. Tigress Financial boosted their price target on Uber Technologies from $110.00 to $115.00 and gave the company a “buy” rating in a report on Friday. Piper Sandler boosted their price target on Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. Finally, Wells Fargo & Company boosted their price target on Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $104.97.
Read Our Latest Stock Analysis on Uber Technologies
About Uber Technologies
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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