SeaCrest Wealth Management LLC Has $3.58 Million Stake in Uber Technologies, Inc. $UBER

SeaCrest Wealth Management LLC cut its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 22.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,060 shares of the ride-sharing company’s stock after selling 10,438 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Uber Technologies were worth $3,580,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Uber Technologies by 0.7% in the third quarter. Vanguard Group Inc. now owns 190,828,841 shares of the ride-sharing company’s stock valued at $18,695,502,000 after acquiring an additional 1,277,322 shares during the last quarter. Norges Bank acquired a new stake in Uber Technologies during the 2nd quarter valued at approximately $2,348,319,000. Capital World Investors raised its holdings in Uber Technologies by 1.1% during the 3rd quarter. Capital World Investors now owns 17,016,467 shares of the ride-sharing company’s stock worth $1,667,121,000 after purchasing an additional 182,976 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Uber Technologies by 1.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 13,810,255 shares of the ride-sharing company’s stock worth $1,288,497,000 after purchasing an additional 142,933 shares during the period. Finally, Legal & General Group Plc boosted its stake in shares of Uber Technologies by 6.9% in the 3rd quarter. Legal & General Group Plc now owns 13,386,313 shares of the ride-sharing company’s stock valued at $1,311,457,000 after purchasing an additional 867,719 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Up 2.1%

NYSE:UBER traded up $1.54 during trading hours on Friday, reaching $74.51. The company had a trading volume of 2,360,599 shares, compared to its average volume of 21,152,172. 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 firm has a market cap of $153.35 billion, a price-to-earnings ratio of 15.73, a P/E/G ratio of 6.87 and a beta of 1.22. The business’s 50-day simple moving average is $77.89 and its two-hundred day simple moving average is $86.75. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month 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 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 company had revenue of $14.37 billion for the quarter, compared to analyst estimates of $14.32 billion. During the same quarter in the prior year, the company posted $3.21 EPS. Uber Technologies’s revenue for the quarter was up 20.1% on a year-over-year basis. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. On average, equities analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on UBER shares. The Goldman Sachs Group set a $125.00 target price on shares of Uber Technologies in a research note on Wednesday, February 4th. Morgan Stanley cut their price target on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Erste Group Bank lowered Uber Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Cantor Fitzgerald dropped their price objective on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $105.29.

View Our Latest Analysis on Uber Technologies

Insider Buying and Selling at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were purchased at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the acquisition, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Tony West sold 3,125 shares of the stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total transaction of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares of the company’s stock, valued at approximately $14,744,764. This represents a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.84% of the company’s stock.

Uber Technologies News Roundup

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

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.

See Also

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

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