ProShare Advisors LLC Has $33.77 Million Holdings in Uber Technologies, Inc. $UBER

ProShare Advisors LLC raised its position in Uber Technologies, Inc. (NYSE:UBERFree Report) by 8.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 413,259 shares of the ride-sharing company’s stock after purchasing an additional 32,388 shares during the period. ProShare Advisors LLC’s holdings in Uber Technologies were worth $33,767,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of UBER. Sage Rhino Capital LLC increased its position in shares of Uber Technologies by 4.2% during the third quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock worth $268,000 after buying an additional 110 shares during the period. Advisors Capital Management LLC lifted its holdings in Uber Technologies by 1.8% in the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock valued at $627,000 after buying an additional 111 shares during the period. Emergent Wealth Advisors LLC lifted its holdings in Uber Technologies by 0.7% in the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock valued at $1,701,000 after buying an additional 114 shares during the period. Stelac Advisory Services LLC boosted its position in Uber Technologies by 10.4% during the third quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock valued at $121,000 after acquiring an additional 117 shares during the last quarter. Finally, Archer Investment Corp boosted its position in Uber Technologies by 33.2% during the third quarter. Archer Investment Corp now owns 473 shares of the ride-sharing company’s stock valued at $46,000 after acquiring an additional 118 shares during the last quarter. 80.24% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, 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 directly owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of Uber Technologies stock in a transaction that occurred on Tuesday, February 24th. The stock was acquired at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the transaction, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 3.81% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Royal Bank Of Canada initiated coverage on Uber Technologies in a research report on Monday, May 11th. They issued an “outperform” rating for the company. TD Cowen initiated coverage on Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating on the stock. Citigroup reaffirmed a “buy” rating on shares of Uber Technologies in a research note on Tuesday, March 17th. Weiss Ratings downgraded Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 13th. Finally, Piper Sandler boosted their price target on Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.11.

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Uber Technologies Price Performance

UBER stock opened at $74.66 on Thursday. The stock has a market capitalization of $151.97 billion, a PE ratio of 18.62, a price-to-earnings-growth ratio of 6.30 and a beta of 1.16. The company’s 50-day moving average is $74.18 and its 200-day moving average is $79.57. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a 1 year low of $68.46 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS 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 company had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same period last year, the business posted $0.83 EPS. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

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.

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

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