Seaview Investment Managers LLC raised its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 16.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 98,976 shares of the ride-sharing company’s stock after purchasing an additional 14,294 shares during the quarter. Uber Technologies accounts for approximately 3.0% of Seaview Investment Managers LLC’s investment portfolio, making the stock its 15th biggest holding. Seaview Investment Managers LLC’s holdings in Uber Technologies were worth $8,087,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Uber Technologies during the 3rd quarter worth $25,000. Imprint Wealth LLC acquired a new position in shares of Uber Technologies during the third quarter worth about $32,000. Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies during the fourth quarter worth about $27,000. Ares Financial Consulting LLC purchased a new stake in Uber Technologies during the fourth quarter worth about $28,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Uber Technologies in the third quarter valued at about $34,000. 80.24% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on UBER shares. Mizuho cut their price objective on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Fox Advisors raised shares of Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Morgan Stanley dropped their price objective on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. 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. Finally, Truist Financial increased their price objective on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $104.97.
Uber Technologies Stock Up 0.1%
Shares of NYSE UBER opened at $71.87 on Tuesday. The firm’s 50-day simple moving average is $74.12 and its 200 day simple moving average is $79.05. The company has a market cap of $146.31 billion, a price-to-earnings ratio of 17.92, a price-to-earnings-growth ratio of 6.11 and a beta of 1.16. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99.
Uber Technologies (NYSE:UBER – Get Free Report) last announced 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 during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.
Insider Transactions at Uber Technologies
In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.81% of the company’s stock.
Trending Headlines about Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber is reportedly considering a higher bid for Delivery Hero after its initial offer was turned down, raising the chance of a strategic acquisition that could broaden Uber’s delivery business. Uber weighs higher bid for Delivery Hero, FT reports
- Positive Sentiment: Delivery Hero confirmed it received a takeover offer from Uber, and reports say Uber has built a meaningful stake in the company, suggesting serious deal interest rather than a one-off approach. Delivery Hero shares hit 18-month high following Uber bid news
- Neutral Sentiment: Analyst commentary this week remained supportive of Uber, with firms such as Citizens and Truist staying bullish, which helps reinforce a positive longer-term sentiment backdrop for the stock. Citizens and Truist Securities Remain Bullish on UBER
- Neutral Sentiment: Uber also drew attention for its AI and robotaxi strategy, but that news is more about long-term growth than an immediate stock catalyst. Uber Nvidia Robotaxi Push Puts Autonomous Future At Center Of Valuation
- Negative Sentiment: The proposed deal could become more expensive if Uber sweetens its bid, which would increase acquisition risk and potentially weigh on near-term capital allocation. Uber weighs higher bid for Delivery Hero after €11.5bn offer rebuffed
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.
Read More
- Five stocks we like better than Uber Technologies
- SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns
- Microsoft Stock Discount May Be Ending as AI Catalysts Build
- Apparel Earnings Winners and Losers: Ralph Lauren Takes Off
- Why Walmart, Target and TJX Got Such Different Reactions After Earnings
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:UBER – Free Report).
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.
