Black Creek Investment Management Inc. Sells 12,840 Shares of Uber Technologies, Inc. $UBER

Black Creek Investment Management Inc. lessened its stake in Uber Technologies, Inc. (NYSE:UBERFree 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.

Uber Technologies (NYSE:UBERGet Free Report) last posted 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. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. During the same quarter in the previous year, the company posted $0.83 earnings per share. Uber Technologies’s quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

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.

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Key Stories Impacting Uber Technologies

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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

(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.

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

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