HughesLittle Investment Management Ltd. Has $34.76 Million Holdings in Uber Technologies, Inc. $UBER

HughesLittle Investment Management Ltd. raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 425,413 shares of the ride-sharing company’s stock after buying an additional 7,463 shares during the period. Uber Technologies comprises approximately 6.3% of HughesLittle Investment Management Ltd.’s investment portfolio, making the stock its 8th biggest position. HughesLittle Investment Management Ltd.’s holdings in Uber Technologies were worth $34,760,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Transcendent Capital Group LLC purchased a new position in Uber Technologies in the 3rd quarter worth about $1,859,000. Mawer Investment Management Ltd. purchased a new stake in Uber Technologies in the 3rd quarter valued at about $74,107,000. Rhumbline Advisers grew its stake in Uber Technologies by 1.1% in the 3rd quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock worth $365,479,000 after acquiring an additional 42,278 shares in the last quarter. Longbow Finance SA grew its stake in Uber Technologies by 51.8% in the 3rd quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock worth $11,001,000 after acquiring an additional 38,304 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Uber Technologies by 11.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 379,452 shares of the ride-sharing company’s stock worth $37,175,000 after acquiring an additional 38,182 shares during the period. Institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the completion of the sale, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the transaction, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $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. Corporate insiders own 3.81% of the company’s stock.

Uber Technologies Trading Up 0.7%

NYSE UBER opened at $75.23 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm has a market cap of $153.14 billion, a PE ratio of 18.76, a price-to-earnings-growth ratio of 5.77 and a beta of 1.16. The company has a 50 day moving average price of $74.19 and a 200 day moving average price of $80.14. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last announced its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. The company had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. Uber Technologies’s revenue was up 14.5% compared to the same quarter last year. During the same period last year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts forecast that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on UBER shares. UBS Group downgraded shares of Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. DA Davidson raised their price objective on Uber Technologies from $105.00 to $107.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Canaccord Genuity Group set a $72.00 target price on Uber Technologies in a research report on Thursday, February 5th. Wedbush lowered their target price on Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Finally, US Capital Advisors set a $95.00 price target on Uber Technologies in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $105.11.

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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.

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

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