Varma Mutual Pension Insurance Co Has $25.77 Million Holdings in Uber Technologies, Inc. $UBER

Varma Mutual Pension Insurance Co raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 5.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 315,317 shares of the ride-sharing company’s stock after buying an additional 17,425 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Uber Technologies were worth $25,765,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of UBER. Brighton Jones LLC lifted its holdings in shares of Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock worth $4,491,000 after buying an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after purchasing an additional 6,129 shares in the last quarter. Bison Wealth LLC raised its stake in shares of Uber Technologies by 20.3% in the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock valued at $229,000 after purchasing an additional 641 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of Uber Technologies in the first quarter valued at $304,000. Finally, Schnieders Capital Management LLC. acquired a new position in shares of Uber Technologies in the second quarter valued at $842,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Stock Performance

Uber Technologies stock opened at $75.19 on Monday. 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 stock has a fifty day moving average price of $73.91 and a two-hundred day moving average price of $81.16. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The firm has a market capitalization of $153.61 billion, a P/E ratio of 15.96, a P/E/G ratio of 6.88 and a beta of 1.16.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. During the same quarter in the prior year, the company earned $3.21 earnings per share. The business’s revenue was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, analysts anticipate that Uber Technologies, Inc. will post 3.34 EPS for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was purchased at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the purchase, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. The trade was a 357.02% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This represents a 6.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.81% of the company’s stock.

Analyst Ratings Changes

UBER has been the subject of a number of recent research reports. Jefferies Financial Group restated a “buy” rating on shares of Uber Technologies in a research note on Wednesday, January 7th. JPMorgan Chase & Co. cut their target price on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Wedbush cut their target price on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Wells Fargo & Company cut their target price on Uber Technologies from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. Finally, UBS Group cut their target price on Uber Technologies from $111.00 to $110.00 and set a “buy” rating for the company in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $105.11.

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.