Uber Technologies, Inc. $UBER Shares Bought by Comgest Global Investors S.A.S.

Comgest Global Investors S.A.S. boosted its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 69.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 144,696 shares of the ride-sharing company’s stock after acquiring an additional 59,300 shares during the quarter. Comgest Global Investors S.A.S.’s holdings in Uber Technologies were worth $14,176,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Foster Group Inc. increased its position in shares of Uber Technologies by 3.3% during the third quarter. Foster Group Inc. now owns 3,364 shares of the ride-sharing company’s stock worth $330,000 after acquiring an additional 107 shares during the last quarter. Sage Rhino Capital LLC grew its stake in Uber Technologies by 4.2% during the 3rd quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock valued at $268,000 after purchasing an additional 110 shares in the last quarter. Quent Capital LLC increased its holdings in Uber Technologies by 3.3% during the 3rd quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock worth $343,000 after purchasing an additional 111 shares during the last quarter. Advisors Capital Management LLC boosted its stake in shares of Uber Technologies by 1.8% during the 3rd quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock valued at $627,000 after buying an additional 111 shares during the last quarter. Finally, Emergent Wealth Advisors LLC grew its position in shares of Uber Technologies by 0.7% during the third quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock worth $1,701,000 after buying an additional 114 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Roth Mkm set a $105.00 target price on shares of Uber Technologies in a research note on Thursday, February 5th. Stifel Nicolaus decreased their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Citigroup lowered their price target on Uber Technologies from $120.00 to $110.00 and set a “buy” rating for the company in a report on Friday, February 6th. Wall Street Zen cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Cantor Fitzgerald decreased their price target on shares of Uber Technologies from $99.00 to $92.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and an average target price of $104.61.

Read Our Latest Analysis on Uber Technologies

Insider Activity

In related news, insider Tony West sold 3,125 shares of the stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the transaction, the insider owned 176,584 shares in the company, valued at $14,744,764. This trade represents a 1.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.84% of the stock is owned by insiders.

Uber Technologies Stock Up 3.2%

UBER opened at $72.79 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.15. Uber Technologies, Inc. has a 12 month low of $60.63 and a 12 month high of $101.99. The stock’s 50 day moving average price is $80.27 and its 200 day moving average price is $88.73. The stock has a market cap of $149.81 billion, a P/E ratio of 15.45, a P/E/G ratio of 6.45 and a beta of 1.21.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The business had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period last year, the business posted $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, research analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Uber Technologies News Summary

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

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.

Recommended Stories

Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBERFree Report).

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

Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.com's FREE daily email newsletter.