Kovitz Investment Group Partners LLC Grows Stock Holdings in Uber Technologies, Inc. $UBER

Kovitz Investment Group Partners LLC boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 12.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 493,972 shares of the ride-sharing company’s stock after purchasing an additional 54,668 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Uber Technologies were worth $48,394,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Kilter Group LLC purchased a new position in shares of Uber Technologies in the 2nd quarter worth $26,000. Westend Capital Management LLC purchased a new stake in Uber Technologies during the third quarter valued at $27,000. Total Investment Management Inc. bought a new position in Uber Technologies in the second quarter valued at about $32,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Uber Technologies in the third quarter worth about $34,000. Finally, Howard Hughes Medical Institute purchased a new position in Uber Technologies in the second quarter worth about $42,000. Institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $73.76 on Friday. The stock has a market cap of $151.80 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 6.76 and a beta of 1.21. Uber Technologies, Inc. has a 1 year low of $60.63 and a 1 year high of $101.99. The firm has a fifty day moving average price of $79.79 and a 200-day moving average price of $88.51. 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 (NYSE:UBER) last issued its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.08). The business had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The company’s quarterly revenue was up 20.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In other news, insider Tony West sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total transaction of $260,937.50. Following the sale, the insider directly owned 176,584 shares of the company’s stock, valued at $14,744,764. This represents a 1.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.84% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Uber Technologies in a research report on Thursday, December 18th. Barclays reduced their target price on shares of Uber Technologies from $110.00 to $107.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. UBS Group set a $111.00 price target on shares of Uber Technologies in a research report on Monday, February 2nd. Guggenheim cut their price objective on shares of Uber Technologies from $135.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $104.61.

Uber Technologies Company 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.