Citizens Business Bank Raises Stock Position in Uber Technologies, Inc. $UBER

Citizens Business Bank grew its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 10.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 84,038 shares of the ride-sharing company’s stock after buying an additional 8,018 shares during the period. Uber Technologies accounts for 1.4% of Citizens Business Bank’s investment portfolio, making the stock its 20th largest holding. Citizens Business Bank’s holdings in Uber Technologies were worth $8,233,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UBER. Westend Capital Management LLC acquired a new position in Uber Technologies in the third quarter valued at $27,000. Kilter Group LLC purchased a new stake in shares of Uber Technologies in the 2nd quarter valued at about $26,000. Total Investment Management Inc. acquired a new stake in shares of Uber Technologies in the 2nd quarter valued at about $32,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Uber Technologies during the 3rd quarter worth approximately $34,000. Finally, True Wealth Design LLC increased its position in Uber Technologies by 38.6% during the third quarter. True Wealth Design LLC now owns 424 shares of the ride-sharing company’s stock worth $42,000 after buying an additional 118 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on UBER. Weiss Ratings reissued a “buy (b)” rating on shares of Uber Technologies in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $108.00 price target on shares of Uber Technologies in a research note on Wednesday, October 29th. Wolfe Research dropped their price objective on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Wall Street Zen downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, BTIG Research reissued a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $104.53.

Read Our Latest Research Report on UBER

Insider Activity at Uber Technologies

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of Uber Technologies stock in a transaction on Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the acquisition, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Tony West sold 3,125 shares of the business’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the sale, the insider owned 176,584 shares in the company, valued at $14,744,764. The trade was a 1.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.84% of the stock is owned by company insiders.

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Uber Technologies Stock Up 2.0%

Shares of NYSE:UBER opened at $72.80 on Thursday. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The firm’s 50-day simple moving average is $79.25 and its 200-day simple moving average is $88.11. The company has a market cap of $149.84 billion, a price-to-earnings ratio of 15.46, a PEG ratio of 6.54 and a beta of 1.21.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings data 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). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The firm had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. During the same quarter in the previous year, the business earned $3.21 EPS. Uber Technologies’s revenue for the quarter was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities research analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

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.

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

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