Uber Technologies, Inc. $UBER Shares Sold by HS Management Partners LLC

HS Management Partners LLC lowered its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 20.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 219,459 shares of the ride-sharing company’s stock after selling 56,616 shares during the quarter. Uber Technologies comprises about 5.5% of HS Management Partners LLC’s holdings, making the stock its 8th largest position. HS Management Partners LLC’s holdings in Uber Technologies were worth $15,786,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Stelac Advisory Services LLC raised its position in Uber Technologies by 10.4% in the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock valued at $121,000 after buying an additional 117 shares during the last quarter. Cadence Bank boosted its position in Uber Technologies by 1.7% during the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after acquiring an additional 122 shares during the last quarter. Salvus Wealth Management LLC grew its stake in shares of Uber Technologies by 4.9% during the 4th quarter. Salvus Wealth Management LLC now owns 2,644 shares of the ride-sharing company’s stock worth $216,000 after acquiring an additional 123 shares in the last quarter. Avion Wealth grew its stake in shares of Uber Technologies by 17.5% during the 4th quarter. Avion Wealth now owns 839 shares of the ride-sharing company’s stock worth $68,000 after acquiring an additional 125 shares in the last quarter. Finally, Crewe Advisors LLC raised its holdings in shares of Uber Technologies by 6.6% in the fourth quarter. Crewe Advisors LLC now owns 2,079 shares of the ride-sharing company’s stock valued at $170,000 after purchasing an additional 129 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on UBER shares. Needham & Company LLC reissued a “buy” rating and issued a $109.00 price objective on shares of Uber Technologies in a research report on Thursday, May 7th. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating for the company. Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a research note on Tuesday, June 9th. Wells Fargo & Company boosted their price target on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $104.54.

Uber Technologies Stock Performance

Shares of UBER stock opened at $74.39 on Friday. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99. The company has a market capitalization of $151.42 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 6.32 and a beta of 1.12. The company has a 50-day simple moving average of $73.09 and a 200 day simple moving average of $75.64. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.

Uber Technologies (NYSE:UBER) last released 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. The firm had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, sell-side analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

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.