Uber Technologies, Inc. $UBER Shares Sold by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV cut its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 42.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,582 shares of the ride-sharing company’s stock after selling 7,061 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Uber Technologies were worth $689,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Physicians Financial Services Inc. boosted its holdings in shares of Uber Technologies by 10.4% during the first quarter. Physicians Financial Services Inc. now owns 11,772 shares of the ride-sharing company’s stock valued at $847,000 after acquiring an additional 1,111 shares during the period. J. Derek Lewis & Associates Inc. acquired a new stake in shares of Uber Technologies in the 4th quarter worth about $326,000. HughesLittle Investment Management Ltd. increased its holdings in shares of Uber Technologies by 1.8% in the 4th quarter. HughesLittle Investment Management Ltd. now owns 425,413 shares of the ride-sharing company’s stock worth $34,760,000 after acquiring an additional 7,463 shares during the period. Rockefeller Capital Management L.P. lifted its position in Uber Technologies by 16.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,071,306 shares of the ride-sharing company’s stock valued at $250,956,000 after purchasing an additional 434,283 shares during the last quarter. Finally, Osbon Capital Management LLC bought a new stake in Uber Technologies in the 4th quarter valued at about $25,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies News Roundup

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on UBER. DA Davidson reissued a “buy” rating and issued a $107.00 price objective on shares of Uber Technologies in a report on Tuesday, May 26th. Royal Bank Of Canada initiated coverage on Uber Technologies in a research report on Monday, May 11th. They set an “outperform” rating for the company. Tigress Financial increased their price target on Uber Technologies from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. BNP Paribas Exane lowered Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Finally, Truist Financial raised their price target on Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and an average target price of $104.97.

View Our Latest Stock Analysis on UBER

Uber Technologies Trading Up 5.7%

Shares of NYSE UBER opened at $73.67 on Thursday. Uber Technologies, Inc. has a 12 month low of $67.19 and a 12 month high of $101.99. The company has a market cap of $149.97 billion, a price-to-earnings ratio of 18.37, a P/E/G ratio of 5.92 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 business has a fifty day simple moving average of $73.44 and a 200-day simple moving average of $76.25.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. During the same quarter last year, the business posted $0.83 EPS. The company’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. Sell-side analysts predict that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Uber Technologies 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.

See Also

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

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