53,000 Shares in Uber Technologies, Inc. $UBER Acquired by BLI Banque de Luxembourg Investments

BLI Banque de Luxembourg Investments acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 53,000 shares of the ride-sharing company’s stock, valued at approximately $4,353,000.

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

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction that occurred 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 directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 3.81% of the company’s stock.

Uber Technologies Trading Up 0.5%

Shares of Uber Technologies stock opened at $70.43 on Wednesday. The company has a fifty day simple moving average of $73.54 and a 200-day simple moving average of $77.42. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99. The stock has a market cap of $143.36 billion, a price-to-earnings ratio of 17.56, a PEG ratio of 5.96 and a beta of 1.12.

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. On average, equities analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on UBER shares. Guggenheim restated a “buy” rating on shares of Uber Technologies in a report on Tuesday. DA Davidson restated a “buy” rating and issued a $107.00 target price on shares of Uber Technologies in a research report on Tuesday, May 26th. Wells Fargo & Company upped their price objective on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Weiss Ratings raised Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 28th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $104.68.

Get Our Latest Analysis on UBER

More Uber Technologies News

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

About Uber Technologies

(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

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBERFree Report).

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.