Westerkirk Capital Inc. Sells 8,972 Shares of Uber Technologies, Inc. $UBER

Westerkirk Capital Inc. lessened its holdings in Uber Technologies, Inc. (NYSE:UBER) by 53.7% in the fourth quarter, Holdings Channel reports. The firm owned 7,728 shares of the ride-sharing company’s stock after selling 8,972 shares during the period. Westerkirk Capital Inc.’s holdings in Uber Technologies were worth $631,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of UBER. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies in the 3rd quarter valued at $25,000. Lloyd Advisory Services LLC. bought a new position in Uber Technologies in the 4th quarter valued at $27,000. Ares Financial Consulting LLC bought a new position in Uber Technologies in the 4th quarter valued at $28,000. Imprint Wealth LLC bought a new position in Uber Technologies in the 3rd quarter valued at $32,000. Finally, Blueline Advisors LLC bought a new position in shares of Uber Technologies during the 4th quarter worth $37,000. Institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the transaction, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.81% of the stock is currently owned by corporate insiders.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Brokerages currently rate Uber as a “Moderate Buy,” reinforcing the view that analysts remain constructive on the stock’s long-term outlook. Uber Technologies, Inc. (NYSE:UBER) Receives Average Recommendation of “Moderate Buy” from Brokerages
• Positive Sentiment: Uber continues to expand its autonomous-vehicle strategy, including sign-ups for London robotaxi rides with Wayve and a broader push in Munich with Autobrains and Nvidia, which supports the growth story. Uber opens sign-ups for London ‘robotaxis’ ahead of launch ‘in months’
• Positive Sentiment: Several commentary pieces framed Uber as an attractive long-term investment, with bulls highlighting growth, cash flow, and valuation upside. Is Uber (UBER) One of the Best NYSE Stocks to Buy for Long-Term Investment?
• Neutral Sentiment: Uber Canada’s support for an Indigenous procurement marketplace is a reputational and partnership win, but it is unlikely to move the stock by itself. CCIB Relaunches Indigenous Procurement Marketplace, Supported by Uber Canada
• Negative Sentiment: News that Uber’s block sale weighed on Aurora Innovation and other autonomous-trucking stocks may hint at portfolio rebalancing or reduced enthusiasm around some autonomous bets. Stock Market Today, June 9: Aurora Innovation Falls After Uber Block Sale Weighs on Autonomous Trucking Stocks
• Negative Sentiment: Uber is facing scrutiny over its Delivery Hero expansion plans, including a challenge from a Saudi startup, which adds execution and regulatory uncertainty. Uber Delivery Hero Dispute Puts Expansion And Valuation Thesis Under Scrutiny
• Negative Sentiment: A separate article argued Uber may be creating a tax shelter in Hawaii, which could invite reputational or policy pressure. In Hawaii, Uber is creating a tax shelter for itself

Uber Technologies Stock Up 0.5%

Shares of NYSE UBER opened at $70.43 on Wednesday. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The business has a 50-day simple moving average of $73.54 and a two-hundred day simple moving average of $77.42. 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 company has a market cap of $143.36 billion, a P/E ratio of 17.56, a P/E/G ratio of 5.96 and a beta of 1.12.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on UBER. Piper Sandler increased their price target on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. BTIG Research reiterated a “buy” rating and set a $100.00 price target on shares of Uber Technologies in a research note on Tuesday, May 26th. Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a research note on Tuesday. JPMorgan Chase & Co. increased their price target on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, UBS Group downgraded Uber Technologies from a “buy” rating to a “neutral” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $104.68.

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.