Bar Harbor Wealth Management Boosts Stock Holdings in Uber Technologies, Inc. $UBER

Bar Harbor Wealth Management boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 81.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,158 shares of the ride-sharing company’s stock after purchasing an additional 7,717 shares during the period. Bar Harbor Wealth Management’s holdings in Uber Technologies were worth $1,402,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Pacer Advisors Inc. raised its stake in shares of Uber Technologies by 1,905.3% in the 3rd quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock valued at $426,216,000 after acquiring an additional 4,133,532 shares during the period. Massachusetts Financial Services Co. MA raised its stake in shares of Uber Technologies by 4,471.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock valued at $290,660,000 after acquiring an additional 2,901,936 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in shares of Uber Technologies by 97.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 5,422,035 shares of the ride-sharing company’s stock valued at $531,197,000 after acquiring an additional 2,671,539 shares during the period. C WorldWide Group Holding A S purchased a new position in shares of Uber Technologies in the 3rd quarter valued at $173,776,000. Finally, Danske Bank A S purchased a new position in shares of Uber Technologies in the 3rd quarter valued at $151,979,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analysts Set New Price Targets

UBER has been the topic of a number of research reports. Jefferies Financial Group reissued a “buy” rating on shares of Uber Technologies in a research note on Wednesday, January 7th. Cantor Fitzgerald cut 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 note on Thursday, February 5th. Guggenheim cut their target price on shares of Uber Technologies from $135.00 to $125.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a research note on Thursday, December 18th. Finally, Canaccord Genuity Group set a $72.00 target price on shares of Uber Technologies in a research note on Thursday, February 5th. One research 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’s stock. According to MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $105.14.

View Our Latest Analysis on Uber Technologies

Uber Technologies Price Performance

UBER opened at $70.55 on Friday. The company has a fifty day simple moving average of $73.35 and a 200 day simple moving average of $83.39. The firm has a market cap of $144.14 billion, a price-to-earnings ratio of 14.98, a PEG ratio of 6.42 and a beta of 1.21. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99. 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 (NYSE:UBERGet Free Report) last released its quarterly earnings results 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 firm had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period in the previous year, the business posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insider Activity at Uber Technologies

In related 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 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 trade represents a 6.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Tony West sold 3,125 shares of the firm’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the sale, the insider directly owned 176,584 shares of the company’s stock, valued at approximately $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. Company insiders own 3.81% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

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)

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