Uber Technologies, Inc. $UBER Shares Acquired by Trajan Wealth LLC

Trajan Wealth LLC boosted its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 4.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 208,167 shares of the ride-sharing company’s stock after buying an additional 7,973 shares during the quarter. Trajan Wealth LLC’s holdings in Uber Technologies were worth $20,394,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of UBER. Kilter Group LLC acquired a new position in shares of Uber Technologies in the 2nd quarter worth approximately $26,000. Westend Capital Management LLC acquired a new stake in Uber Technologies during the third quarter valued at approximately $27,000. Total Investment Management Inc. bought a new stake in Uber Technologies during the second quarter worth approximately $32,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Uber Technologies in the third quarter worth approximately $34,000. Finally, Howard Hughes Medical Institute bought a new position in shares of Uber Technologies in the second quarter valued at $42,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.70% of the company’s stock.

Uber Technologies Price Performance

Shares of UBER opened at $73.76 on Monday. The business’s 50-day moving average is $79.79 and its 200-day moving average is $88.50. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market capitalization of $151.80 billion, a price-to-earnings ratio of 15.66, a P/E/G ratio of 6.77 and a beta of 1.21. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The company had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. During the same period in the previous year, the firm posted $3.21 earnings per share. The business’s revenue for the quarter was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on UBER shares. Morgan Stanley reduced their price objective on Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Roth Mkm set a $105.00 target price on Uber Technologies in a report on Thursday, February 5th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research note on Thursday, December 18th. Truist Financial set a $108.00 price objective on Uber Technologies in a report on Monday, February 9th. Finally, Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $104.61.

Check Out Our Latest Analysis on UBER

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.

See Also

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

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