Tredje AP fonden Acquires 150,272 Shares of Uber Technologies, Inc. $UBER

Tredje AP fonden grew its holdings in Uber Technologies, Inc. (NYSE:UBER) by 26.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 715,540 shares of the ride-sharing company’s stock after purchasing an additional 150,272 shares during the period. Tredje AP fonden’s holdings in Uber Technologies were worth $70,101,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analysts Set New Price Targets

Several brokerages recently issued reports on UBER. TD Cowen reissued a “buy” rating on shares of Uber Technologies in a research note on Wednesday, November 5th. Wall Street Zen cut Uber Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $108.00 price target on shares of Uber Technologies in a research report on Wednesday, October 29th. Roth Mkm set a $105.00 price target on Uber Technologies in a research note on Thursday, February 5th. Finally, Citizens Jmp upgraded Uber Technologies from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $104.61.

Insider Buying and Selling at Uber Technologies

In other news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider owned 176,584 shares of the company’s stock, valued at $14,744,764. The trade was a 1.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.84% of the company’s stock.

Uber Technologies Trading Up 1.1%

UBER opened at $73.76 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.15 and a debt-to-equity ratio of 0.38. The firm has a market cap of $151.80 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 6.67 and a beta of 1.21. Uber Technologies, Inc. has a 12 month low of $60.63 and a 12 month high of $101.99. The stock has a fifty day moving average price of $79.79 and a 200-day moving average price of $88.51.

Uber Technologies (NYSE:UBER) last posted its earnings results 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 company had revenue of $14.37 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter last year, the firm earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

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.