Insider Selling: Uber Technologies (NYSE:UBER) SVP Sells $2,233,500.00 in Stock

Uber Technologies, Inc. (NYSE:UBERGet Free Report) 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 transaction of $2,233,500.00. Following the transaction, 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. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Uber Technologies Stock Down 2.0%

Shares of Uber Technologies stock opened at $73.86 on Friday. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month high of $101.99. The stock has a market cap of $152.01 billion, a price-to-earnings ratio of 15.68, a price-to-earnings-growth ratio of 6.91 and a beta of 1.22. 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 company has a fifty day moving average price of $76.76 and a 200 day moving average price of $85.92.

Uber Technologies (NYSE:UBERGet Free Report) last released its quarterly earnings data 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 company had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. During the same period last year, the business earned $3.21 earnings per share. The company’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 research analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Uber Technologies News Roundup

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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UBER. Wedbush lowered their price target on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Thursday, February 5th. KeyCorp decreased 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 report on Tuesday, January 20th. Cantor Fitzgerald lowered their target price on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Finally, UBS Group set a $111.00 target price on Uber Technologies in a research report on Monday, February 2nd. One 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $105.29.

Read Our Latest Stock Analysis on UBER

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after acquiring an additional 1,670,761 shares during the period. Capital Research Global Investors boosted its position in shares of Uber Technologies by 2.6% during the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after buying an additional 2,903,021 shares during the period. Geode Capital Management LLC grew its holdings in Uber Technologies by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after buying an additional 1,602,596 shares in the last quarter. Norges Bank acquired a new stake in Uber Technologies in the 4th quarter valued at approximately $2,515,094,000. Finally, Northern Trust Corp increased its position in Uber Technologies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after acquiring an additional 297,132 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Company Profile

(Get 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.

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Insider Buying and Selling by Quarter for Uber Technologies (NYSE:UBER)

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