Oppenheimer & Co. Inc. Has $18.57 Million Holdings in Uber Technologies, Inc. $UBER

Oppenheimer & Co. Inc. cut its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 227,261 shares of the ride-sharing company’s stock after selling 20,177 shares during the period. Oppenheimer & Co. Inc.’s holdings in Uber Technologies were worth $18,569,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies in the third quarter valued at $25,000. Ares Financial Consulting LLC acquired a new stake in Uber Technologies in the fourth quarter valued at $28,000. Imprint Wealth LLC acquired a new stake in Uber Technologies in the third quarter valued at $32,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Uber Technologies in the third quarter valued at $34,000. Finally, Hager Investment Management Services LLC increased its holdings in Uber Technologies by 276.2% in the fourth quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company’s stock valued at $40,000 after purchasing an additional 359 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UBER has been the subject of a number of recent research reports. UBS Group set a $111.00 price objective on Uber Technologies in a report on Monday, February 2nd. Cantor Fitzgerald decreased their price objective on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Royal Bank Of Canada restated an “outperform” rating and issued a $105.00 price objective on shares of Uber Technologies in a report on Thursday, February 5th. JPMorgan Chase & Co. decreased their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Finally, Mizuho decreased their price objective on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $105.14.

Read Our Latest Stock Report on Uber Technologies

Key Headlines Impacting Uber Technologies

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

Uber Technologies Stock Performance

Shares of UBER opened at $74.79 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $152.80 billion, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 6.82 and a beta of 1.21. The firm’s fifty day simple moving average is $73.91 and its two-hundred day simple moving average is $81.34. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings results 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). The firm had revenue of $14.37 billion for the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business’s revenue was up 20.1% compared to the same quarter last year. During the same period last year, the company posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, analysts predict that Uber Technologies, Inc. will post 3.34 EPS for the current year.

Insiders Place Their Bets

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the transaction, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 3.81% of the company’s stock.

About Uber Technologies

(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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