Alliance Wealth Advisors LLC UT Invests $975,000 in Uber Technologies, Inc. $UBER

Alliance Wealth Advisors LLC UT purchased a new position in Uber Technologies, Inc. (NYSE:UBER) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 9,956 shares of the ride-sharing company’s stock, valued at approximately $975,000.

Several other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of Uber Technologies by 0.7% during the third quarter. Vanguard Group Inc. now owns 190,828,841 shares of the ride-sharing company’s stock valued at $18,695,502,000 after purchasing an additional 1,277,322 shares during the last quarter. Geode Capital Management LLC increased its position in Uber Technologies by 2.6% during the 2nd quarter. Geode Capital Management LLC now owns 45,859,136 shares of the ride-sharing company’s stock valued at $4,258,756,000 after buying an additional 1,168,288 shares in the last quarter. Norges Bank purchased a new position in Uber Technologies during the second quarter valued at $2,348,319,000. Charles Schwab Investment Management Inc. boosted its holdings in Uber Technologies by 1.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 13,810,255 shares of the ride-sharing company’s stock worth $1,288,497,000 after acquiring an additional 142,933 shares in the last quarter. Finally, Legal & General Group Plc boosted its holdings in Uber Technologies by 5.2% in the second quarter. Legal & General Group Plc now owns 12,518,594 shares of the ride-sharing company’s stock worth $1,167,985,000 after acquiring an additional 615,692 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other news, insider Tony West sold 3,125 shares of the business’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 completion of the sale, the insider owned 176,584 shares of the company’s stock, valued at $14,744,764. The trade was a 1.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 3.70% of the stock is owned by corporate insiders.

Uber Technologies Stock Performance

UBER stock opened at $73.76 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99. The company has a market cap of $151.80 billion, a P/E ratio of 15.66, a price-to-earnings-growth ratio of 6.77 and a beta of 1.21. The stock’s fifty day moving average price is $79.79 and its 200-day moving average price is $88.50.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS 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 analysts’ expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The firm’s revenue was up 20.1% compared to the same quarter last year. During the same quarter last year, the company posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, equities analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Erste Group Bank lowered Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Wall Street Zen cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Barclays dropped their target price on shares of Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Wedbush reduced their price target on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Finally, Arete Research set a $125.00 price objective on shares of Uber Technologies and gave the stock a “buy” rating in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $104.61.

About Uber Technologies

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.