CV Advisors LLC Buys 12,600 Shares of Uber Technologies, Inc. $UBER

CV Advisors LLC grew its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 52.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,460 shares of the ride-sharing company’s stock after purchasing an additional 12,600 shares during the period. Uber Technologies makes up about 0.8% of CV Advisors LLC’s portfolio, making the stock its 16th biggest position. CV Advisors LLC’s holdings in Uber Technologies were worth $2,979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Uber Technologies by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 190,828,841 shares of the ride-sharing company’s stock valued at $18,695,502,000 after acquiring an additional 1,277,322 shares during the last quarter. Northern Trust Corp lifted its position in shares of Uber Technologies by 1.5% during the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after purchasing an additional 297,132 shares during the last quarter. Capital World Investors lifted its position in shares of Uber Technologies by 1.1% during the third quarter. Capital World Investors now owns 17,016,467 shares of the ride-sharing company’s stock worth $1,667,121,000 after purchasing an additional 182,976 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Uber Technologies by 6.9% during the third quarter. Legal & General Group Plc now owns 13,386,313 shares of the ride-sharing company’s stock valued at $1,311,457,000 after purchasing an additional 867,719 shares during the period. Finally, Boston Partners grew its holdings in shares of Uber Technologies by 2.9% in the third quarter. Boston Partners now owns 9,422,708 shares of the ride-sharing company’s stock worth $923,919,000 after purchasing an additional 263,824 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Performance

Shares of UBER stock opened at $71.75 on Monday. The business’s fifty day simple moving average is $74.28 and its 200-day simple moving average is $84.21. The company has a market cap of $146.59 billion, a PE ratio of 15.23, a PEG ratio of 6.57 and a beta of 1.21. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99.

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 the consensus estimate of $0.79 by ($0.08). The company had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period in the previous year, the business earned $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction on 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 transaction, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Tony West sold 3,125 shares of the company’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the transaction, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.84% of the stock is currently owned by insiders.

Analysts Set New Price Targets

UBER has been the topic of a number of research analyst reports. Citigroup reaffirmed a “buy” rating on shares of Uber Technologies in a research report on Tuesday, March 17th. Truist Financial set a $108.00 price target on Uber Technologies in a report on Monday, February 9th. JPMorgan Chase & Co. dropped their price objective on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Guggenheim decreased their target price on Uber Technologies from $135.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. Finally, BTIG Research reiterated a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and a consensus target price of $105.14.

Check Out Our Latest Analysis on UBER

Key Stories Impacting Uber Technologies

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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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