Eurizon Capital SGR S.p.A. Buys New Stake in Uber Technologies, Inc. $UBER

Eurizon Capital SGR S.p.A. bought a new stake in Uber Technologies, Inc. (NYSE:UBERFree Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 884,630 shares of the ride-sharing company’s stock, valued at approximately $72,305,000.

A number of other hedge funds have also recently modified their holdings of the stock. Advisors Capital Management LLC grew its position in shares of Uber Technologies by 1.8% in the 3rd 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 last quarter. Stelac Advisory Services LLC grew its position in shares of Uber Technologies by 10.4% in the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock valued at $121,000 after buying an additional 117 shares during the last quarter. Archer Investment Corp grew its position in shares of Uber Technologies by 33.2% in the 3rd quarter. Archer Investment Corp now owns 473 shares of the ride-sharing company’s stock valued at $46,000 after buying an additional 118 shares during the last quarter. Smithfield Trust Co grew its position in shares of Uber Technologies by 8.3% in the 3rd quarter. Smithfield Trust Co now owns 1,532 shares of the ride-sharing company’s stock valued at $151,000 after buying an additional 118 shares during the last quarter. Finally, Oxinas Partners Wealth Management LLC grew its position in shares of Uber Technologies by 1.3% in the 3rd quarter. Oxinas Partners Wealth Management LLC now owns 9,423 shares of the ride-sharing company’s stock valued at $923,000 after buying an additional 122 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Stock Down 0.9%

UBER stock opened at $70.30 on Friday. Uber Technologies, Inc. has a one year low of $68.46 and a one year high of $101.99. The stock has a market capitalization of $143.10 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 6.03 and a beta of 1.16. 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 company has a fifty day moving average of $73.71 and a 200-day moving average of $78.53.

Uber Technologies (NYSE:UBERGet Free Report) last released its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. During the same quarter last year, the business earned $0.83 EPS. The business’s revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Insider Activity at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 3.81% of the company’s stock.

Trending Headlines about Uber Technologies

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Analysts Set New Price Targets

UBER has been the topic of a number of recent analyst reports. Cantor Fitzgerald dropped their target price on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research note on Monday, May 11th. Citizens Jmp reiterated a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, April 28th. TD Cowen assumed coverage on shares of Uber Technologies in a research note on Monday, May 11th. They set a “hold” rating for the company. Finally, Guggenheim reiterated a “buy” rating and set a $125.00 price target on shares of Uber Technologies in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $104.68.

Read Our Latest Stock Analysis on UBER

Uber Technologies Company 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.

See Also

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

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