Uber Technologies, Inc. $UBER Position Lowered by Elevate Capital Advisors LLC

Elevate Capital Advisors LLC decreased its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 31.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,313 shares of the ride-sharing company’s stock after selling 9,676 shares during the period. Elevate Capital Advisors LLC’s holdings in Uber Technologies were worth $1,741,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Aljian Capital Management LLC lifted its position in shares of Uber Technologies by 6.4% during the fourth quarter. Aljian Capital Management LLC now owns 18,911 shares of the ride-sharing company’s stock worth $1,545,000 after purchasing an additional 1,136 shares during the last quarter. Family Investment Center Inc. lifted its position in shares of Uber Technologies by 15.3% during the fourth quarter. Family Investment Center Inc. now owns 3,639 shares of the ride-sharing company’s stock worth $297,000 after purchasing an additional 484 shares during the last quarter. Bouvel Investment Partners LLC lifted its position in shares of Uber Technologies by 1.5% during the fourth quarter. Bouvel Investment Partners LLC now owns 54,651 shares of the ride-sharing company’s stock worth $4,466,000 after purchasing an additional 800 shares during the last quarter. Carnegie Investment Counsel lifted its holdings in Uber Technologies by 13.2% in the fourth quarter. Carnegie Investment Counsel now owns 582,289 shares of the ride-sharing company’s stock worth $47,579,000 after acquiring an additional 67,988 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in Uber Technologies by 65.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company’s stock worth $400,596,000 after acquiring an additional 1,935,832 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Key Stories Impacting Uber Technologies

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

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the sale, the insider owned 176,584 shares in the company, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction that occurred 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 owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.81% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on UBER shares. Wall Street Zen cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Wells Fargo & Company cut their target price on shares of Uber Technologies from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Monday, March 30th. Sanford C. Bernstein reissued an “outperform” rating on shares of Uber Technologies in a report on Thursday, December 18th. Truist Financial set a $108.00 target price on shares of Uber Technologies in a report on Monday, February 9th. Finally, Roth Mkm set a $105.00 target price on shares of Uber Technologies in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.14.

View Our Latest Analysis on UBER

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $70.55 on Friday. The firm’s 50 day moving average is $73.35 and its two-hundred day moving average is $83.39. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The firm has a market capitalization of $144.14 billion, a P/E ratio of 14.98, a PEG ratio of 6.42 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 (NYSE:UBERGet Free Report) last announced its quarterly earnings results 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). 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 posted $3.21 EPS. Uber Technologies’s revenue for the quarter was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Analysts anticipate 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.

Featured Stories

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

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