Black Creek Investment Management Inc. lessened its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 6.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 187,689 shares of the ride-sharing company’s stock after selling 12,840 shares during the period. Uber Technologies comprises 0.8% of Black Creek Investment Management Inc.’s portfolio, making the stock its 18th biggest holding. Black Creek Investment Management Inc.’s holdings in Uber Technologies were worth $15,336,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies in the third quarter valued at about $25,000. Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies in the fourth quarter valued at about $27,000. Ares Financial Consulting LLC bought a new stake in shares of Uber Technologies in the fourth quarter valued at about $28,000. Gould Capital LLC lifted its stake in shares of Uber Technologies by 245.0% in the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock valued at $28,000 after buying an additional 245 shares during the period. Finally, SWAN Capital LLC lifted its stake in shares of Uber Technologies by 265.0% in the fourth quarter. SWAN Capital LLC now owns 365 shares of the ride-sharing company’s stock valued at $30,000 after buying an additional 265 shares during the period. Institutional investors own 80.24% of the company’s stock.
Uber Technologies Stock Performance
NYSE:UBER opened at $68.67 on Friday. Uber Technologies, Inc. has a 1 year low of $67.19 and a 1 year high of $101.99. The firm has a 50 day moving average of $73.41 and a 200-day moving average of $77.16. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $139.79 billion, a P/E ratio of 17.13, a price-to-earnings-growth ratio of 5.85 and a beta of 1.12.
Analysts Set New Price Targets
UBER has been the subject of a number of analyst reports. The Goldman Sachs Group set a $115.00 price target on shares of Uber Technologies in a research note on Thursday, May 7th. Guggenheim restated a “buy” rating on shares of Uber Technologies in a research note on Tuesday. US Capital Advisors set a $95.00 price target on shares of Uber Technologies in a research note on Monday, May 11th. Wells Fargo & Company raised their price target on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and a consensus target price of $104.97.
Get Our Latest Stock Report on UBER
Key Stories Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$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?
Insider Buying and Selling at Uber Technologies
In related 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 value of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 3.81% of the stock is currently owned by corporate insiders.
Uber Technologies Company Profile
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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