Capital World Investors Acquires 182,976 Shares of Uber Technologies, Inc. $UBER

Capital World Investors grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 1.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,016,467 shares of the ride-sharing company’s stock after buying an additional 182,976 shares during the quarter. Capital World Investors owned 0.82% of Uber Technologies worth $1,667,121,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Kilter Group LLC bought a new stake in Uber Technologies during the second quarter worth approximately $26,000. Westend Capital Management LLC bought a new position in shares of Uber Technologies during the 3rd quarter valued at approximately $27,000. Total Investment Management Inc. bought a new position in shares of Uber Technologies during the 2nd quarter valued at approximately $32,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in Uber Technologies during the 3rd quarter valued at $34,000. Finally, Howard Hughes Medical Institute bought a new stake in Uber Technologies in the second quarter worth $42,000. Institutional investors own 80.24% of the company’s stock.

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Insiders Place Their Bets

In related news, insider Tony West sold 3,125 shares of the company’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were acquired at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the acquisition, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on UBER. Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 price objective on shares of Uber Technologies in a research report on Thursday, February 5th. Canaccord Genuity Group set a $72.00 price target on shares of Uber Technologies in a report on Thursday, February 5th. UBS Group set a $111.00 price objective on shares of Uber Technologies in a research report on Monday, February 2nd. Stifel Nicolaus dropped 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. Finally, BTIG Research reiterated a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and an average target price of $104.53.

Read Our Latest Report on UBER

Uber Technologies Stock Performance

Uber Technologies stock opened at $73.91 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market capitalization of $152.11 billion, a PE ratio of 15.69, a P/E/G ratio of 6.89 and a beta of 1.22. The company has a 50 day moving average price of $78.39 and a 200-day moving average price of $87.10. Uber Technologies, Inc. has a fifty-two week low of $60.63 and a fifty-two week high of $101.99.

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

Uber Technologies Company 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.

Further Reading

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

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