Circle Wealth Management LLC Has $1.39 Million Stock Holdings in Uber Technologies, Inc. $UBER

Circle Wealth Management LLC trimmed its holdings in Uber Technologies, Inc. (NYSE:UBER) by 43.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,039 shares of the ride-sharing company’s stock after selling 13,324 shares during the quarter. Circle Wealth Management LLC’s holdings in Uber Technologies were worth $1,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Advisors Capital Management LLC lifted its stake 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 valued at $627,000 after purchasing an additional 111 shares during the period. Stelac Advisory Services LLC increased its stake in Uber Technologies by 10.4% during the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock valued at $121,000 after purchasing an additional 117 shares in the last quarter. Smithfield Trust Co increased its stake 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 in the last quarter. Oxinas Partners Wealth Management LLC increased its holdings in Uber Technologies by 1.3% during the 3rd quarter. Oxinas Partners Wealth Management LLC now owns 9,423 shares of the ride-sharing company’s stock worth $923,000 after purchasing an additional 122 shares in the last quarter. Finally, Cadence Bank increased its holdings in Uber Technologies by 1.7% during the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock worth $722,000 after purchasing an additional 122 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Down 1.3%

Shares of NYSE:UBER opened at $68.67 on Friday. The stock’s 50-day moving average price is $73.41 and its 200-day moving average price is $77.16. Uber Technologies, Inc. has a 12-month low of $67.19 and a 12-month high of $101.99. The stock has a market capitalization of $139.79 billion, a P/E ratio of 17.13, a price-to-earnings-growth ratio of 5.91 and a beta of 1.12. 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:UBER) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $13.28 billion. During the same period last year, the firm earned $0.83 earnings per share. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, equities analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.81% of the company’s stock.

Uber Technologies News Summary

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

• Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
• Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
• Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
• Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
• Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?

Wall Street Analyst Weigh In

UBER has been the subject of several recent analyst reports. Macquarie Infrastructure raised Uber Technologies to an “outperform” rating in a report on Monday, May 11th. Truist Financial upped their price objective on Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. TD Cowen began coverage on Uber Technologies in a research report on Monday, May 11th. They set a “hold” rating on the stock. Weiss Ratings raised shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 28th. Finally, Piper Sandler increased their target price on Uber Technologies from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus target price of $104.97.

Uber Technologies Profile

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.