Clal Insurance Enterprises Holdings Ltd boosted its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 75.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,495 shares of the ride-sharing company’s stock after purchasing an additional 10,948 shares during the period. Clal Insurance Enterprises Holdings Ltd’s holdings in Uber Technologies were worth $2,083,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sumitomo Life Insurance Co. increased its stake in shares of Uber Technologies by 6.8% in the fourth quarter. Sumitomo Life Insurance Co. now owns 168,333 shares of the ride-sharing company’s stock valued at $13,754,000 after buying an additional 10,694 shares during the period. Wealthspire Advisors LLC raised its stake in shares of Uber Technologies by 69.0% during the fourth quarter. Wealthspire Advisors LLC now owns 17,392 shares of the ride-sharing company’s stock valued at $1,421,000 after acquiring an additional 7,102 shares during the last quarter. Geo Capital Gestora de Recursos Ltd bought a new position in shares of Uber Technologies during the fourth quarter valued at $2,258,000. Summit Financial LLC increased its position in shares of Uber Technologies by 19.7% during the fourth quarter. Summit Financial LLC now owns 63,407 shares of the ride-sharing company’s stock worth $5,181,000 after buying an additional 10,450 shares during the period. Finally, Howland Capital Management LLC increased its position in shares of Uber Technologies by 3.0% during the fourth quarter. Howland Capital Management LLC now owns 253,340 shares of the ride-sharing company’s stock worth $20,700,000 after buying an additional 7,430 shares during the period. Institutional investors own 80.24% of the company’s stock.
Uber Technologies Stock Down 1.3%
UBER stock opened at $68.67 on Friday. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock’s 50 day moving average is $73.41 and its 200-day moving average is $77.16. The firm has a market capitalization of $139.79 billion, a PE ratio of 17.13, a P/E/G ratio of 5.91 and a beta of 1.12.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the stock. DA Davidson reiterated a “buy” rating and set a $107.00 price objective on shares of Uber Technologies in a research report on Tuesday, May 26th. Weiss Ratings upgraded shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 28th. TD Cowen started coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating for the company. BTIG Research restated a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a report on Tuesday, May 26th. Finally, UBS Group cut shares of Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.97.
Get Our Latest Analysis on UBER
Insiders Place Their Bets
In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction dated 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 $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.81% of the company’s stock.
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
- Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
- Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
- Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
- Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?
About Uber Technologies
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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