Axiom Investors LLC DE Trims Stock Position in Uber Technologies, Inc. $UBER

Axiom Investors LLC DE cut its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 65.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 361,519 shares of the ride-sharing company’s stock after selling 680,657 shares during the quarter. Axiom Investors LLC DE’s holdings in Uber Technologies were worth $29,540,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new position in Uber Technologies during the third quarter worth about $25,000. Lloyd Advisory Services LLC. purchased a new position in Uber Technologies during the fourth quarter worth about $27,000. Ares Financial Consulting LLC purchased a new position in shares of Uber Technologies in the 4th quarter worth about $28,000. Imprint Wealth LLC purchased a new position in shares of Uber Technologies in the 3rd quarter worth about $32,000. Finally, Blueline Advisors LLC purchased a new position in shares of Uber Technologies in the 4th quarter worth about $37,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Uber Technologies

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on UBER shares. DA Davidson restated a “buy” rating and issued a $107.00 price objective on shares of Uber Technologies in a report on Tuesday, May 26th. Wolfe Research set a $100.00 price objective on Uber Technologies in a report on Friday, May 29th. UBS Group downgraded Uber Technologies from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a report on Monday, June 1st. Finally, Guggenheim restated a “buy” rating on shares of Uber Technologies in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.68.

View Our Latest Stock Analysis on UBER

Insiders Place Their Bets

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.81% of the company’s stock.

Uber Technologies Stock Performance

Shares of NYSE:UBER opened at $70.43 on Wednesday. The company has a market cap of $143.36 billion, a P/E ratio of 17.56, a PEG ratio of 5.96 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies, Inc. has a one year low of $68.46 and a one year high of $101.99. The business’s 50-day simple moving average is $73.54 and its 200 day simple moving average is $77.42.

Uber Technologies (NYSE:UBERGet Free Report) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion for 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 company’s revenue was up 14.5% on a year-over-year basis. During the same period last year, the business posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, sell-side analysts forecast 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.

Further Reading

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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