Titan Wealth CI Ltd Invests $5.99 Million in Uber Technologies, Inc. $UBER

Titan Wealth CI Ltd bought a new stake in Uber Technologies, Inc. (NYSE:UBERFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 73,296 shares of the ride-sharing company’s stock, valued at approximately $5,988,000. Uber Technologies comprises about 2.3% of Titan Wealth CI Ltd’s holdings, making the stock its 25th biggest holding.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares during the last quarter. Mach 1 Financial Group LLC acquired a new position in shares of Uber Technologies during the 4th quarter worth approximately $1,220,000. Teacher Retirement System of Texas increased its position in shares of Uber Technologies by 17.6% during the 4th quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock worth $45,280,000 after purchasing an additional 82,851 shares during the last quarter. Robinhood Asset Management LLC bought a new stake in shares of Uber Technologies during the 4th quarter worth approximately $10,884,000. Finally, Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Uber Technologies during the 4th quarter worth approximately $17,336,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on UBER shares. Needham & Company LLC reissued a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research note on Thursday, May 7th. Piper Sandler increased their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Truist Financial boosted their price objective on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Royal Bank Of Canada began coverage on Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating for the company. Finally, Guggenheim reissued a “buy” rating on shares of Uber Technologies in a research report on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, thirty have given 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 company currently has an average rating of “Moderate Buy” and a consensus price target of $104.97.

Check Out Our Latest Analysis on UBER

Uber Technologies Price Performance

Shares of UBER opened at $73.27 on Wednesday. The firm has a market capitalization of $149.15 billion, a PE ratio of 18.27, a PEG ratio of 6.19 and a beta of 1.12. The company’s 50-day moving average is $73.47 and its 200-day moving average is $76.95. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week 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.

Uber Technologies (NYSE:UBERGet Free Report) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 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 business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the previous year, the firm posted $0.83 EPS. Uber Technologies’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. Equities analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Uber Technologies News Roundup

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

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.

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

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