11,680 Shares in Uber Technologies, Inc. $UBER Purchased by Total Wealth Planning & Management Inc.

Total Wealth Planning & Management Inc. purchased a new position in Uber Technologies, Inc. (NYSE:UBER) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,680 shares of the ride-sharing company’s stock, valued at approximately $954,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after buying an additional 1,670,761 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Uber Technologies by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock valued at $3,906,083,000 after purchasing an additional 1,602,596 shares during the last quarter. Norges Bank purchased a new stake in Uber Technologies during the fourth quarter valued at about $2,515,094,000. Northern Trust Corp lifted its holdings in Uber Technologies by 1.5% during the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after purchasing an additional 297,132 shares during the last quarter. Finally, Capital World Investors lifted its holdings in Uber Technologies by 1.1% during the third quarter. Capital World Investors now owns 17,016,467 shares of the ride-sharing company’s stock valued at $1,667,121,000 after purchasing an additional 182,976 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

More Uber Technologies News

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

• Positive Sentiment: Uber is expanding its autonomous-vehicle roadmap, including a new robotaxi push with Nuro and Lucid and a Madrid pilot with WeRide, which could support long-term growth if the company can scale driverless service successfully. Uber is making a much bigger bet on robotaxis
• Positive Sentiment: DA Davidson reaffirmed a Buy rating and a $107 price target, signaling that some analysts still see upside despite near-term volatility. DA Davidson Reaffirms Buy Rating on Uber Technologies (UBER) Following Delivery Hero Acquisition Interest
• Positive Sentiment: Uber and LISC expanded the Health Access Fund with up to $750,000 in new grants, reinforcing Uber’s role in healthcare transportation and supporting its public-service image. Uber and LISC open new grant application through Health Access Fund to bridge transportation gaps for low-income patients

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the sale, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 3.81% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

UBER has been the topic of several recent research reports. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating on the stock. Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Wells Fargo & Company upped their price objective on shares of Uber Technologies from $95.00 to $102.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. HSBC downgraded shares of Uber Technologies to a “reduce” rating in a report on Monday, May 11th. Finally, BNP Paribas Exane downgraded shares of Uber Technologies to an “underweight” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $104.68.

Uber Technologies Trading Up 0.8%

Shares of UBER opened at $72.23 on Friday. The business’s 50-day moving average price is $73.57 and its 200-day moving average price is $77.85. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99. The stock has a market cap of $147.04 billion, a PE ratio of 18.01, a P/E/G ratio of 6.10 and a beta of 1.12. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. During the same period in the prior year, the business posted $0.83 earnings per share. The company’s revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

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.