Uber Technologies, Inc. $UBER Shares Sold by Hartline Investment Corp

Hartline Investment Corp lowered its position in Uber Technologies, Inc. (NYSE:UBER) by 10.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,137 shares of the ride-sharing company’s stock after selling 8,503 shares during the quarter. Hartline Investment Corp’s holdings in Uber Technologies were worth $5,405,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after acquiring an additional 1,670,761 shares during the last quarter. Mach 1 Financial Group LLC bought a new position in Uber Technologies during the fourth quarter worth $1,220,000. Teacher Retirement System of Texas boosted its holdings in Uber Technologies by 17.6% in the fourth quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock worth $45,280,000 after purchasing an additional 82,851 shares during the period. Robinhood Asset Management LLC bought a new stake in Uber Technologies during the fourth quarter valued at $10,884,000. Finally, Dixon Mitchell Investment Counsel Inc. bought a new stake in Uber Technologies during the fourth quarter valued at $17,336,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

More Uber Technologies News

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

• Positive Sentiment: Wells Fargo kept an Overweight rating on Uber and raised its price target to $100, signaling continued analyst confidence in the company’s upside. Uber Technologies (NYSE:UBER) Given New $100.00 Price Target at Wells Fargo & Company
• Positive Sentiment: Uber is drawing bullish commentary on its robotaxi strategy, with analysts arguing that partnerships with autonomous-driving companies could let Uber benefit from self-driving growth without taking on the heavy R&D burden itself. Uber: The Robotaxi Revolution Makes Me More Bullish
• Positive Sentiment: Uber’s collaboration with Stellantis and Wayve on Level 4 autonomous robotaxis adds to the view that Uber could become a key platform beneficiary as autonomy scales. Stellantis (STLA) Makes a Bold Autonomous Driving Move With Uber and Wayve
• Neutral Sentiment: Uber was added to several Russell value indexes while being removed from a larger growth-oriented benchmark, which could affect index-fund flows and reflects how the market is classifying the stock. Uber Technologies (UBER) Could Be 13% Undervalued On Russell Value Index Reshuffle
• Neutral Sentiment: Investor focus is also on Uber’s decision to pause most Europe food-delivery expansion while it evaluates a potential Delivery Hero deal; the move may improve strategic focus, but it also raises questions about capital allocation and execution. How Investors Are Reacting To Uber Technologies (UBER) Pivoting From Uber Eats Expansion To Delivery Hero Deal
• Negative Sentiment: Uber and Waymo reportedly ended their partnership in one major U.S. city, which may be seen as a setback for Uber’s autonomous-vehicle rollout narrative. Uber and Waymo broke up in this major US city – here’s why
• Negative Sentiment: A study raising questions about insurance charges varying by ride could add pressure by drawing attention to pricing transparency and operating-cost consistency. Uber’s Insurance Charges Varied by Ride Despite the Same Route and Driver, Study Finds

Wall Street Analysts Forecast Growth

Several research firms have recently commented on UBER. Citizens Jmp reaffirmed a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a report on Tuesday, April 28th. Raymond James Financial raised shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Needham & Company LLC restated a “buy” rating and issued a $109.00 target price on shares of Uber Technologies in a research note on Thursday, May 7th. US Capital Advisors set a $95.00 target price on Uber Technologies in a report on Monday, May 11th. Finally, BTIG Research reiterated a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $104.18.

Uber Technologies Stock Up 2.5%

UBER opened at $74.21 on Wednesday. The stock’s 50 day moving average price is $73.04 and its 200 day moving average price is $75.50. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market cap of $151.07 billion, a P/E ratio of 18.51, a P/E/G ratio of 6.15 and a beta of 1.12. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99.

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

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.