United Capital Management of KS Inc. Raises Stock Holdings in Uber Technologies, Inc. $UBER

United Capital Management of KS Inc. increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 61.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,072 shares of the ride-sharing company’s stock after purchasing an additional 12,980 shares during the period. United Capital Management of KS Inc.’s holdings in Uber Technologies were worth $3,338,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of UBER. Kilter Group LLC acquired a new position in Uber Technologies in the 2nd quarter valued at about $26,000. Westend Capital Management LLC purchased a new position in shares of Uber Technologies in the 3rd quarter valued at approximately $27,000. Total Investment Management Inc. purchased a new position in shares of Uber Technologies in the 2nd quarter valued at approximately $32,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Uber Technologies during the third quarter worth approximately $34,000. Finally, Howard Hughes Medical Institute acquired a new stake in shares of Uber Technologies during the second quarter worth $42,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Trading Down 1.7%

NYSE:UBER opened at $75.31 on Friday. Uber Technologies, Inc. has a 52-week low of $60.63 and a 52-week high of $101.99. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The stock has a fifty day simple moving average of $78.67 and a 200-day simple moving average of $87.48. The company has a market capitalization of $155.00 billion, a PE ratio of 15.99, a price-to-earnings-growth ratio of 7.03 and a beta of 1.22.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.08). Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business had revenue of $14.37 billion for the quarter, compared to analysts’ expectations of $14.32 billion. During the same quarter last year, the business posted $3.21 earnings per share. The business’s revenue was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, equities research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was bought at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the acquisition, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 transaction, the insider directly owned 176,584 shares in the company, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 3.84% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on UBER. Erste Group Bank cut shares of Uber Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. DA Davidson lowered their price objective on Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. Canaccord Genuity Group set a $72.00 target price on Uber Technologies in a research note on Thursday, February 5th. KeyCorp decreased their price target on Uber Technologies from $110.00 to $105.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. Finally, BNP Paribas Exane initiated coverage on Uber Technologies in a report on Wednesday, January 14th. They issued an “outperform” rating and a $108.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $104.53.

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.