Clal Insurance Enterprises Holdings Ltd Grows Stake in Uber Technologies, Inc. $UBER

Clal Insurance Enterprises Holdings Ltd raised its stake in Uber Technologies, Inc. (NYSE:UBERFree Report) by 75.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,495 shares of the ride-sharing company’s stock after acquiring an additional 10,948 shares during the quarter. Clal Insurance Enterprises Holdings Ltd’s holdings in Uber Technologies were worth $2,083,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Longbow Finance SA raised its position in shares of Uber Technologies by 51.8% in the third quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock valued at $11,001,000 after purchasing an additional 38,304 shares during the period. Vanguard Group Inc. raised its position in shares of Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares during the period. Mach 1 Financial Group LLC purchased a new stake in Uber Technologies in the 4th quarter worth approximately $1,220,000. DDD Partners LLC lifted its stake in Uber Technologies by 243.7% in the 3rd quarter. DDD Partners LLC now owns 174,824 shares of the ride-sharing company’s stock worth $17,128,000 after purchasing an additional 123,963 shares in the last quarter. Finally, Teacher Retirement System of Texas boosted its holdings in Uber Technologies by 17.6% in the 4th quarter. Teacher Retirement System of Texas now owns 554,154 shares of the ride-sharing company’s stock valued at $45,280,000 after purchasing an additional 82,851 shares during the period. Institutional investors own 80.24% of the company’s stock.

Key Headlines Impacting Uber Technologies

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

Insider Activity at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 3.81% of the company’s stock.

Uber Technologies Trading Down 1.3%

Shares of UBER opened at $68.67 on Friday. The stock has a market capitalization of $139.79 billion, a P/E ratio of 17.13, a PEG ratio of 5.91 and a beta of 1.12. 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 fifty day simple moving average of $73.41 and a two-hundred day simple moving average of $77.16. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last announced its quarterly 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. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. During the same quarter in the prior year, the company posted $0.83 EPS. The firm’s revenue for the quarter 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. On average, research analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a report on Monday, May 11th. They issued an “outperform” rating on the stock. Raymond James Financial upgraded Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday, May 11th. Piper Sandler increased their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. US Capital Advisors set a $95.00 price objective on Uber Technologies in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. increased their price objective on Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and a consensus target price of $104.97.

View Our Latest Stock Report on Uber Technologies

Uber Technologies 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.

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

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