Angeles Wealth Management LLC Sells 8,781 Shares of Uber Technologies, Inc. $UBER

Angeles Wealth Management LLC cut its position in Uber Technologies, Inc. (NYSE:UBER) by 40.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,912 shares of the ride-sharing company’s stock after selling 8,781 shares during the quarter. Angeles Wealth Management LLC’s holdings in Uber Technologies were worth $929,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies during the 3rd quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC bought a new stake in Uber Technologies in the fourth quarter valued at $25,000. Osbon Capital Management LLC acquired a new position in shares of Uber Technologies during the fourth quarter valued at about $25,000. Imprint Wealth LLC acquired a new position in shares of Uber Technologies during the third quarter valued at about $32,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Uber Technologies during the 4th quarter worth about $27,000. Institutional investors own 80.24% of the company’s stock.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber’s acquisition of Delivery Hero would nearly double its global food-delivery reach and expand operations to about 99 markets, raising the company’s long-term growth potential. Uber agrees to buy Delivery Hero in $14.8 billion deal to expand global food delivery business (UBER)
• Positive Sentiment: Analysts said the deal could improve cross-selling, increase engagement with Uber One, and strengthen Uber’s cross-platform strategy by combining mobility and delivery services. Uber’s Delivery Hero deal could strengthen cross-platform strategy
• Positive Sentiment: UBS and other analysts suggested the acquisition could boost growth and profitability by giving Uber more scale in international delivery markets. Uber Technologies’ Delivery Hero Deal Could Boost Growth, Profit, UBS Says
• Positive Sentiment: Uber also received upbeat earnings estimate revisions, with Erste Group Bank raising FY2026 and FY2027 EPS forecasts, which reinforces optimism around the company’s profit outlook. Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
• Neutral Sentiment: Uber also expanded Uber Eats partnerships with GameStop and Foot Locker, showing continued diversification beyond restaurant delivery, though these moves are smaller than the Delivery Hero transaction. GameStop (GME) Joins Uber Eats For On Demand Delivery Nationwide

Uber Technologies Price Performance

UBER opened at $72.55 on Friday. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The company has a market capitalization of $147.69 billion, a price-to-earnings ratio of 18.09, a PEG ratio of 6.26 and a beta of 1.12. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm has a 50-day moving average price of $72.72 and a 200-day moving average price of $75.14.

Uber Technologies (NYSE:UBER) last posted its 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. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the prior year, the business posted $0.83 earnings per share. The business’s quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts expect that Uber Technologies, Inc. will post 2.97 EPS for the current year.

Analyst Ratings Changes

UBER has been the subject of a number of research analyst reports. Guggenheim reaffirmed a “buy” rating on shares of Uber Technologies in a research report on Tuesday, June 9th. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a research note on Monday, May 11th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. BTIG Research reiterated a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $100.00 price target on shares of Uber Technologies in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $104.65.

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.