Allianz SE Sells 8,087 Shares of Uber Technologies, Inc. $UBER

Allianz SE reduced its position in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 4.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 168,775 shares of the ride-sharing company’s stock after selling 8,087 shares during the period. Allianz SE’s holdings in Uber Technologies were worth $13,791,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new stake in Uber Technologies during the third quarter worth about $25,000. Imprint Wealth LLC purchased a new stake in Uber Technologies during the third quarter worth about $32,000. Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies during the fourth quarter worth about $27,000. Ares Financial Consulting LLC purchased a new stake in Uber Technologies during the fourth quarter worth about $28,000. Finally, Gould Capital LLC increased its holdings in Uber Technologies by 245.0% during the fourth quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company’s stock worth $28,000 after buying an additional 245 shares during the last quarter. 80.24% of the stock is owned by institutional investors.

Key Headlines Impacting Uber Technologies

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

Analyst Ratings Changes

A number of research firms recently issued reports on UBER. US Capital Advisors set a $95.00 price objective on shares of Uber Technologies in a report on Monday, May 11th. Citigroup restated a “market outperform” rating on shares of Uber Technologies in a report on Tuesday, May 26th. Needham & Company LLC restated a “buy” rating and set a $109.00 price objective on shares of Uber Technologies in a report on Thursday, May 7th. Tigress Financial raised their price objective on shares of Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Friday. Finally, Fox Advisors upgraded shares of Uber Technologies from a “hold” rating to an “outperform” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $104.97.

Check Out Our Latest Stock Analysis on Uber Technologies

Insider Buying and Selling

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction that occurred 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 transaction, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.81% of the company’s stock.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $68.67 on Friday. The company has a 50 day moving average of $73.41 and a 200 day moving average of $77.16. The stock has a market cap of $139.79 billion, a P/E ratio of 17.13, a P/E/G ratio of 5.91 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. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings data 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 company had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. Uber Technologies’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

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.

Further Reading

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

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