CIBC Private Wealth Group LLC Has $4.87 Million Stake in Uber Technologies, Inc. $UBER

CIBC Private Wealth Group LLC lifted its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 72.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,664 shares of the ride-sharing company’s stock after purchasing an additional 20,919 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Uber Technologies were worth $4,866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Norges Bank acquired a new position in Uber Technologies in the 2nd quarter valued at approximately $2,348,319,000. Pacer Advisors Inc. boosted its stake in shares of Uber Technologies by 1,905.3% during 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 buying an additional 4,133,532 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in shares of Uber Technologies by 4,471.9% during 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 buying an additional 2,901,936 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in shares of Uber Technologies by 97.1% during 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 in the last quarter. Finally, C WorldWide Group Holding A S purchased a new position in shares of Uber Technologies during the 3rd quarter valued at $173,776,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on UBER shares. Mizuho cut their price objective on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Wells Fargo & Company lowered their target price on Uber Technologies from $122.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Stifel Nicolaus dropped their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Erste Group Bank downgraded Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Finally, Arete Research set a $125.00 price target on Uber Technologies and gave the company a “buy” rating in a report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $105.29.

View Our Latest Stock Report on Uber Technologies

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Tony West sold 3,125 shares of the stock in a transaction 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 completion of the transaction, the insider directly owned 176,584 shares in the company, valued at $14,744,764. This represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 3.84% of the company’s stock.

Uber Technologies Stock Down 2.0%

NYSE UBER opened at $73.86 on Friday. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99. The company has a market capitalization of $152.01 billion, a price-to-earnings ratio of 15.68, a PEG ratio of 6.91 and a beta of 1.22. The stock’s 50 day moving average is $76.76 and its two-hundred day moving average is $85.92. 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 issued its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The company had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company’s quarterly revenue was up 20.1% on a year-over-year basis. During the same period in the previous year, the company posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Trending Headlines about Uber Technologies

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

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.

Read More

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

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.