Black Swift Group LLC Makes New $2.25 Million Investment in Uber Technologies, Inc. $UBER

Black Swift Group LLC purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 27,500 shares of the ride-sharing company’s stock, valued at approximately $2,247,000.

Several other large investors also recently bought and sold shares of UBER. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies during the 3rd quarter worth about $25,000. Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies during the 4th quarter worth about $27,000. Ares Financial Consulting LLC purchased a new stake in Uber Technologies during the 4th quarter worth about $28,000. Imprint Wealth LLC purchased a new stake in Uber Technologies during the 3rd quarter worth about $32,000. Finally, Blueline Advisors LLC purchased a new stake in Uber Technologies during the 4th quarter worth about $37,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on UBER shares. Raymond James Financial upgraded Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Canaccord Genuity Group set a $72.00 price objective on Uber Technologies in a research report on Thursday, February 5th. Wolfe Research set a $100.00 price objective on Uber Technologies in a research report on Friday. Piper Sandler upped their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $104.68.

Read Our Latest Analysis on UBER

Uber Technologies Stock Down 0.1%

Shares of NYSE UBER opened at $70.30 on Monday. The stock has a market cap of $143.10 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 5.99 and a beta of 1.12. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The business has a 50-day moving average price of $73.71 and a 200 day moving average price of $78.42.

Uber Technologies (NYSE:UBERGet Free Report) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business’s revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Insider Activity

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.81% of the stock is currently owned by company insiders.

Key Headlines Impacting 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.

See Also

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

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