Diversify Wealth Management LLC boosted its position in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 252.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 166,867 shares of the ride-sharing company’s stock after buying an additional 119,571 shares during the quarter. Diversify Wealth Management LLC’s holdings in Uber Technologies were worth $12,427,000 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. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies in the third quarter worth about $25,000. Nalls Sherbakoff Group LLC acquired a new stake in Uber Technologies during the 4th quarter valued at approximately $25,000. Osbon Capital Management LLC acquired a new stake in Uber Technologies during the 4th quarter valued at approximately $25,000. Imprint Wealth LLC purchased a new stake in Uber Technologies during the 3rd quarter worth approximately $32,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Uber Technologies in the 4th quarter valued at approximately $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.
Uber Technologies Stock Performance
Shares of NYSE UBER traded up $0.21 during trading on Friday, reaching $74.56. The stock had a trading volume of 9,748,548 shares, compared to its average volume of 19,835,724. Uber Technologies, Inc. has a one year low of $67.19 and a one year high of $101.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $151.77 billion, a PE ratio of 18.59, a P/E/G ratio of 6.33 and a beta of 1.12. The firm’s 50 day moving average price is $72.99 and its two-hundred day moving average price is $75.42.
Uber Technologies News Roundup
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber remains a heavily watched stock, with recent analyst coverage and price targets still broadly favorable, reinforcing the view that Wall Street sees room for upside. Article title
- Positive Sentiment: Investor interest is also supported by Uber’s recent operating strength, including revenue growth and earnings that beat expectations in the latest reported quarter. Article title
- Neutral Sentiment: Media coverage comparing Uber with DoorDash adds to the stock’s visibility, but the piece is mostly a valuation and business-model debate rather than a direct new catalyst. Article title
- Negative Sentiment: Uber is facing fresh scrutiny over automation and driver pay, including protests tied to AI-driven pay cuts and concerns that rapid tech adoption could hurt driver earnings and create regulatory or reputational risk. Article title
- Negative Sentiment: Discussion around Uber’s “agentic pods” and broader AI automation strategy highlights the company’s push to reduce costs, but it also reinforces investor worries that more automation could pressure the human-driver model. Article title
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the company. Royal Bank Of Canada initiated coverage on Uber Technologies in a research note on Monday, May 11th. They set an “outperform” rating for the company. Wells Fargo & Company dropped their price target on shares of Uber Technologies from $102.00 to $100.00 and set an “overweight” rating for the company in a research note on Monday, July 6th. Piper Sandler upped their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. HSBC cut shares of Uber Technologies to a “reduce” rating in a report on Monday, May 11th. Finally, US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $104.18.
View Our Latest Stock Report on UBER
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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