Allen Investment Management LLC Reduces Stock Position in Uber Technologies, Inc. $UBER

Posted by ABMN Staff on Jun 3rd, 2026

Allen Investment Management LLC cut its stake in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 61.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 904,100 shares of the ride-sharing company’s stock after selling 1,412,857 shares during the period. Allen Investment Management LLC’s holdings in Uber Technologies were worth $73,874,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Advisors Capital Management LLC grew its position in shares of Uber Technologies by 1.8% in the 3rd quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after acquiring an additional 111 shares in the last quarter. Stelac Advisory Services LLC lifted its holdings in shares of Uber Technologies by 10.4% in the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock worth $121,000 after purchasing an additional 117 shares during the last quarter. Smithfield Trust Co boosted its position in Uber Technologies by 8.3% during the 3rd quarter. Smithfield Trust Co now owns 1,532 shares of the ride-sharing company’s stock valued at $151,000 after purchasing an additional 118 shares during the period. Oxinas Partners Wealth Management LLC lifted its stake in Uber Technologies by 1.3% in the third quarter. Oxinas Partners Wealth Management LLC now owns 9,423 shares of the ride-sharing company’s stock valued at $923,000 after buying an additional 122 shares during the last quarter. Finally, Cadence Bank lifted its stake in Uber Technologies by 1.7% in the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock valued at $722,000 after buying an additional 122 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Stock Up 5.0%

Shares of Uber Technologies stock opened at $73.89 on Tuesday. The firm has a market cap of $150.40 billion, a price-to-earnings ratio of 18.43, a P/E/G ratio of 5.99 and a beta of 1.12. The stock has a 50-day simple moving average of $73.68 and a 200-day simple moving average of $78.28. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. 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 (NYSE:UBER – Get 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. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The company had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the prior year, the company posted $0.83 EPS. The firm’s 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. On average, equities research analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction dated 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 sale, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 3.81% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. UBS Group cut shares of Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Wedbush reduced their price target on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. BNP Paribas Exane downgraded shares of Uber Technologies to an “underweight” rating in a report on Monday, May 11th. HSBC lowered shares of Uber Technologies to a “reduce” rating in a research report on Monday, May 11th. Finally, US Capital Advisors set a $95.00 target price on Uber Technologies in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $104.68.

View Our Latest Stock Report on UBER

Trending Headlines about Uber Technologies

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

Positive Sentiment: Uber announced a new Munich robotaxi program with Autobrains and NVIDIA, a potentially important step toward scaling autonomous ride-hailing in Europe. The project uses NVIDIA DRIVE Hyperion for Level 4-ready autonomy, which investors may view as a meaningful expansion of Uber’s self-driving strategy. Autobrains and Uber to Launch Agentic AI Robotaxi Program in Munich built on NVIDIA DRIVE Hyperion
Positive Sentiment: Uber also increased its ownership in Careem Technologies through a $100 million deal with UAE telecom company e&, strengthening control over a key regional asset and suggesting continued confidence in its Middle East operations. Careem stake sold to Uber for $100m in cash deal
Positive Sentiment: Coverage highlighting Uber as a favored stock in Jeff Bezos-related portfolios and other bullish stock screens may be adding to investor sentiment, reinforcing the view that large-cap backers still see upside in the company. Uber Technologies (UBER): One of the Elite Jeff Bezos Stocks to Buy
Neutral Sentiment: Reports that Prosus may increase its stake in Delivery Hero could complicate Uber’s takeover ambitions in that market, but this is more of a strategic overhang than an immediate financial hit. Prosus considering raising Delivery Hero stake in bid to thwart Uber takeover, FT reports
Negative Sentiment: A separate valuation-focused article noted Uber’s recent pullback over the past month and quarter, reminding investors that the stock has still been under pressure despite the latest positive news flow. A Look At Uber Technologies (UBER) Valuation After Recent Pullback And Türkiye Expansion Moves

About Uber Technologies

(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.