Atria Investments Inc Raises Stock Position in Uber Technologies, Inc. $UBER

Atria Investments Inc lifted its holdings in Uber Technologies, Inc. (NYSE:UBERFree Report) by 18.7% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 169,725 shares of the ride-sharing company’s stock after purchasing an additional 26,724 shares during the period. Atria Investments Inc’s holdings in Uber Technologies were worth $16,628,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Illinois Municipal Retirement Fund increased its position in shares of Uber Technologies by 6.8% during the third quarter. Illinois Municipal Retirement Fund now owns 232,680 shares of the ride-sharing company’s stock worth $22,796,000 after acquiring an additional 14,854 shares during the period. Wedbush Securities Inc. increased its holdings in Uber Technologies by 15.7% during the 3rd quarter. Wedbush Securities Inc. now owns 45,946 shares of the ride-sharing company’s stock worth $4,501,000 after purchasing an additional 6,242 shares during the period. Varma Mutual Pension Insurance Co raised its position in Uber Technologies by 13.8% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 297,892 shares of the ride-sharing company’s stock valued at $29,184,000 after purchasing an additional 36,100 shares in the last quarter. Leuthold Group LLC boosted its stake in shares of Uber Technologies by 3.5% in the 3rd quarter. Leuthold Group LLC now owns 63,508 shares of the ride-sharing company’s stock valued at $6,222,000 after buying an additional 2,173 shares during the period. Finally, PFG Private Wealth Management LLC acquired a new position in shares of Uber Technologies during the third quarter worth about $351,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on UBER. Barclays reduced their target price on shares of Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. Jefferies Financial Group restated a “buy” rating on shares of Uber Technologies in a report on Wednesday, January 7th. Wedbush decreased their price objective 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. DA Davidson increased their target price on Uber Technologies from $102.00 to $108.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Wall Street Zen cut Uber Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $104.89.

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Uber Technologies Trading Down 3.4%

Shares of UBER stock opened at $71.01 on Thursday. The business’s fifty day moving average price is $82.14 and its 200 day moving average price is $89.33. The firm has a market capitalization of $147.54 billion, a PE ratio of 15.08, a P/E/G ratio of 6.72 and a beta of 1.21. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15. Uber Technologies, Inc. has a 1-year low of $60.63 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last issued its 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). The company had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.Uber Technologies’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, sell-side analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insider Activity

In other news, 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 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 Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders have sold 9,375 shares of company stock worth $799,875. 3.84% of the stock is currently owned by company insiders.

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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.

See Also

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

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