Arax Advisory Partners Has $1.72 Million Stock Position in Uber Technologies, Inc. $UBER

Arax Advisory Partners trimmed its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 47.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 21,072 shares of the ride-sharing company’s stock after selling 19,122 shares during the period. Arax Advisory Partners’ holdings in Uber Technologies were worth $1,722,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies during the third quarter valued at $25,000. Imprint Wealth LLC acquired a new position in Uber Technologies during the third quarter valued at $32,000. Lloyd Advisory Services LLC. acquired a new position in Uber Technologies during the fourth quarter valued at $27,000. Ares Financial Consulting LLC acquired a new position in Uber Technologies during the fourth quarter valued at $28,000. Finally, Gould Capital LLC raised its position in Uber Technologies by 245.0% during 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. 80.24% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. BTIG Research reissued a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, May 26th. Weiss Ratings lowered Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday. TD Cowen began coverage on Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Uber Technologies in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.

Get Our Latest Stock Analysis on Uber Technologies

Key Stories Impacting Uber Technologies

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Uber Technologies Stock Performance

Shares of UBER stock opened at $72.85 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The stock’s 50-day moving average is $73.44 and its two-hundred day moving average is $77.04. The firm has a market cap of $148.29 billion, a P/E ratio of 18.17, a PEG ratio of 5.85 and a beta of 1.12.

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

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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