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Altrafin AG Purchases New Shares in Uber Technologies, Inc. $UBER

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Altrafin AG purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 117,613 shares of the ride-sharing company's stock, valued at approximately $9,610,000. Uber Technologies makes up about 3.0% of Altrafin AG's investment portfolio, making the stock its 12th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in UBER. Norges Bank bought a new stake in shares of Uber Technologies during the fourth quarter worth $2,515,094,000. Marshall Wace LLP lifted its holdings in Uber Technologies by 1,462.2% during the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company's stock worth $546,919,000 after acquiring an additional 6,264,946 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Uber Technologies by 129.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company's stock valued at $776,883,000 after purchasing an additional 5,293,822 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Uber Technologies by 2.6% in the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company's stock valued at $9,270,561,000 after purchasing an additional 2,903,021 shares in the last quarter. Finally, Egerton Capital UK LLP acquired a new stake in Uber Technologies in the 4th quarter valued at $219,079,000. Institutional investors own 80.24% of the company's stock.

Uber Technologies Trading Down 1.3%

NYSE UBER opened at $68.67 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. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The company has a market cap of $139.79 billion, a price-to-earnings ratio of 17.13, a price-to-earnings-growth ratio of 5.85 and a beta of 1.12. The business's fifty day moving average is $73.41 and its 200 day moving average is $77.16.

Uber Technologies (NYSE:UBER - Get Free Report) last announced 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. The firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business's quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Trending Headlines about Uber Technologies

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

Insider Buying and Selling

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction dated 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 transaction, the senior vice president directly owned 460,756 shares of the company's stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.81% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Royal Bank Of Canada assumed coverage on Uber Technologies in a research report on Monday, May 11th. They set an "outperform" rating for the company. BTIG Research restated a "buy" rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. TD Cowen assumed coverage on Uber Technologies in a research note on Monday, May 11th. They set a "hold" rating on the stock. HSBC downgraded Uber Technologies to a "reduce" rating in a research report on Monday, May 11th. Finally, Wells Fargo & Company increased their price target on Uber Technologies from $95.00 to $102.00 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 given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies has an average rating of "Moderate Buy" and a consensus price target of $104.97.

View Our Latest Stock Analysis on UBER

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.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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