Bartlett & CO. Wealth Management LLC Acquires 151,628 Shares of Uber Technologies, Inc. $UBER

Bartlett & CO. Wealth Management LLC boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 35.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 584,463 shares of the ride-sharing company’s stock after acquiring an additional 151,628 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Uber Technologies were worth $43,209,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Osbon Capital Management LLC bought a new stake in shares of Uber Technologies in the 4th quarter worth approximately $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies in the 4th quarter worth approximately $25,000. Portus Wealth Advisors LLC purchased a new position in Uber Technologies during the first quarter valued at $25,000. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies in the 3rd quarter worth about $25,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Uber Technologies in the fourth quarter worth about $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies News Roundup

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

Uber Technologies Stock Down 2.0%

UBER stock opened at $72.55 on Friday. The company has a market cap of $147.69 billion, a price-to-earnings ratio of 18.09, a P/E/G ratio of 6.26 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The business’s 50-day moving average is $72.72 and its two-hundred day moving average is $75.14. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping 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 quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, analysts forecast that Uber Technologies, Inc. will post 2.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on UBER shares. DA Davidson reiterated a “buy” rating and set a $107.00 price target on shares of Uber Technologies in a report on Tuesday, May 26th. Piper Sandler boosted their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Royal Bank Of Canada assumed coverage on Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating on the stock. Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a research note on Tuesday, June 9th. Finally, KeyCorp cut their target price on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $104.65.

Get Our Latest Stock Report on Uber Technologies

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.

Featured Stories

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBERFree Report).

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

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.