Bartlett & CO. Wealth Management LLC Increases Stock Position in Uber Technologies, Inc. $UBER

Bartlett & CO. Wealth Management LLC increased its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 6,846.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 432,835 shares of the ride-sharing company’s stock after buying an additional 426,604 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Uber Technologies were worth $35,367,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies during the third quarter worth about $25,000. Westend Capital Management LLC purchased a new stake in Uber Technologies during the third quarter worth about $27,000. Imprint Wealth LLC purchased a new stake in Uber Technologies during the third quarter worth about $32,000. Total Investment Management Inc. purchased a new stake in Uber Technologies during the second quarter worth about $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in Uber Technologies during the third quarter worth about $34,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

More Uber Technologies News

Here are the key news stories impacting Uber Technologies this week:

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UBER. Guggenheim decreased their price objective on shares of Uber Technologies from $135.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a research note on Thursday, December 18th. BNP Paribas Exane initiated coverage on shares of Uber Technologies in a research note on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 target price for the company. Truist Financial set a $108.00 target price on shares of Uber Technologies in a research note on Monday, February 9th. Finally, Wall Street Zen downgraded shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.14.

View Our Latest Stock Analysis on UBER

Uber Technologies Trading Down 1.7%

Shares of UBER opened at $70.55 on Friday. The firm has a market cap of $144.14 billion, a price-to-earnings ratio of 14.98, a PEG ratio of 6.54 and a beta of 1.21. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. Uber Technologies, Inc. has a fifty-two week low of $68.46 and a fifty-two week high of $101.99. The firm has a 50 day moving average price of $73.35 and a 200-day moving average price of $83.49.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The business had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company’s revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities research analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insiders Place Their Bets

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’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 sale, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The shares were purchased at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 3.81% of the company’s stock.

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.

Further Reading

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

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.