7,670 Shares in Uber Technologies, Inc. $UBER Acquired by Bingham Private Wealth LLC

Bingham Private Wealth LLC purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 7,670 shares of the ride-sharing company’s stock, valued at approximately $627,000.

Other large investors have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies in the 3rd quarter valued at $25,000. Westend Capital Management LLC purchased a new stake in Uber Technologies in the 3rd quarter valued at $27,000. Imprint Wealth LLC purchased a new stake in Uber Technologies in the 3rd quarter valued at $32,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in Uber Technologies in the 3rd quarter valued at $34,000. Finally, True Wealth Design LLC grew its holdings in Uber Technologies by 38.6% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the ride-sharing company’s stock valued at $42,000 after buying an additional 118 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Uber Technologies

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Insider Buying and Selling

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Tony West sold 3,125 shares of the stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider directly owned 176,584 shares in the company, valued at approximately $14,744,764. The trade was a 1.74% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.81% of the stock is owned by corporate insiders.

Uber Technologies Stock Performance

NYSE UBER opened at $72.93 on Wednesday. The stock has a market cap of $148.99 billion, a PE ratio of 15.48, a P/E/G ratio of 6.59 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 twelve month low of $68.46 and a twelve month high of $101.99. The stock has a fifty day simple moving average of $73.08 and a 200-day simple moving average of $82.94.

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). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The business had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. During the same quarter in the prior year, the company posted $3.21 earnings per share. The business’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. Equities analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Roth Mkm set a $105.00 target price on Uber Technologies in a report on Thursday, February 5th. Jefferies Financial Group restated a “buy” rating on shares of Uber Technologies in a report on Wednesday, January 7th. Wells Fargo & Company dropped their target price on Uber Technologies from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Monday, March 30th. Cantor Fitzgerald dropped their target price on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Finally, Wolfe Research dropped their target price on Uber Technologies from $125.00 to $110.00 and set an “outperform” rating for the company in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $105.14.

Check Out Our Latest Stock Analysis on UBER

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.

Further Reading

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

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