Savvy Advisors Inc. Acquires 9,152 Shares of Uber Technologies, Inc. $UBER

Savvy Advisors Inc. lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 52.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,534 shares of the ride-sharing company’s stock after purchasing an additional 9,152 shares during the quarter. Savvy Advisors Inc.’s holdings in Uber Technologies were worth $2,168,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of UBER. Measured Wealth Private Client Group LLC bought a new stake in Uber Technologies during the third quarter valued at approximately $25,000. Westend Capital Management LLC purchased a new position in Uber Technologies in the 3rd quarter worth approximately $27,000. Total Investment Management Inc. bought a new position in shares of Uber Technologies in the 2nd quarter worth $32,000. Imprint Wealth LLC bought a new position in shares of Uber Technologies in the 3rd quarter worth $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at $34,000. 80.24% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Morgan Stanley dropped their price objective on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Citizens Jmp upgraded Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 price target on the stock in a research report on Wednesday, February 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $109.00 price target on shares of Uber Technologies in a research note on Tuesday, February 3rd. Wall Street Zen cut Uber Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Truist Financial set a $108.00 price objective on Uber Technologies in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $105.14.

Check Out Our Latest Analysis on Uber Technologies

Key Headlines Impacting Uber Technologies

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

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $71.75 on Monday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The stock has a market cap of $146.59 billion, a PE ratio of 15.23, a PEG ratio of 6.57 and a beta of 1.21. The company’s fifty day moving average is $74.28 and its 200 day moving average is $84.21. Uber Technologies, Inc. has a 52 week low of $60.63 and a 52 week high of $101.99.

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 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 quarter in the prior year, the firm posted $3.21 EPS. The firm’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. Research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insider Buying and Selling at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.84% of the company’s stock.

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.

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

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