Colonial Trust Advisors Purchases 12,968 Shares of Uber Technologies, Inc. $UBER

Colonial Trust Advisors raised its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 43.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,967 shares of the ride-sharing company’s stock after buying an additional 12,968 shares during the quarter. Colonial Trust Advisors’ holdings in Uber Technologies were worth $4,209,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Kilter Group LLC bought a new stake in Uber Technologies in the second quarter worth $26,000. Westend Capital Management LLC purchased a new position in shares of Uber Technologies in the 3rd quarter worth $27,000. Total Investment Management Inc. purchased a new position in shares of Uber Technologies in the 2nd quarter worth $32,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Uber Technologies in the 3rd quarter worth about $34,000. Finally, Howard Hughes Medical Institute purchased a new stake in shares of Uber Technologies during the 2nd quarter valued at about $42,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the stock in a transaction on Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the acquisition, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Tony West sold 3,125 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the transaction, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on UBER shares. TD Cowen reiterated a “buy” rating on shares of Uber Technologies in a research report on Wednesday, November 5th. Roth Mkm set a $105.00 target price on Uber Technologies in a report on Thursday, February 5th. Erste Group Bank downgraded Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Needham & Company LLC restated a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Uber Technologies from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $104.53.

Read Our Latest Analysis on UBER

Uber Technologies Stock Up 0.9%

Shares of UBER opened at $71.34 on Wednesday. The firm has a fifty day moving average price of $79.37 and a 200-day moving average price of $88.22. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $146.83 billion, a P/E ratio of 15.15, a P/E/G ratio of 6.48 and a beta of 1.21. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last posted 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 return on equity of 43.63% and a net margin of 19.33%.The company had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. During the same period in the prior year, the business earned $3.21 EPS. The company’s quarterly revenue was up 20.1% on a year-over-year basis. 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 earnings per share for the current year.

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

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

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