Andra AP fonden Has $31.42 Million Position in Uber Technologies, Inc. $UBER

Key Points

• Andra AP fonden increased its Uber stake by 27% in the fourth quarter, buying 81,698 more shares and bringing its total holdings to 384,498 shares worth about $31.4 million.
• Uber continues to attract strong institutional support, with about 80.24% of shares held by institutional investors and hedge funds, even as a few newer funds made small starter positions.
• The company’s recent news flow is mixed but mostly constructive: analysts remain generally bullish, Uber beat recent EPS estimates and gave solid guidance, while major bets on autonomous vehicles and a new financing partnership with Banco Santander could support future growth.

Andra AP fonden raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 27.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 384,498 shares of the ride-sharing company's stock after buying an additional 81,698 shares during the quarter. Andra AP fonden's holdings in Uber Technologies were worth $31,417,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies during the third quarter valued at approximately $25,000. Imprint Wealth LLC bought a new stake in shares of Uber Technologies during the third quarter valued at approximately $32,000. Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies during the fourth quarter valued at approximately $27,000. Ares Financial Consulting LLC bought a new stake in Uber Technologies in the fourth quarter valued at $28,000. Finally, Blueline Advisors LLC bought a new stake in Uber Technologies in the fourth quarter valued at $37,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies News Summary

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

• Positive Sentiment: Several recent pieces argue Uber is still one of the better stocks to own, pointing to its maturing platform, improving fundamentals, and potential upside from autonomous ride-hailing rather than disruption from it. Article Title
• Positive Sentiment: Uber also announced a major financing partnership with Banco Santander to create a €1 billion platform for European fleet operators, which could help expand supply and support growth in key international markets. Article Title
• Positive Sentiment: Investor sentiment was helped by commentary that Uber’s self-driving investments could strengthen its long-term position, with reports highlighting robotaxi tests in Europe and the company’s commitment to autonomous technology. Article Title
• Neutral Sentiment: Uber reported in a recent market recap that its latest quarter beat EPS expectations but missed on revenue, while guidance for the next quarter was reasonably solid; this keeps the earnings picture mixed but not alarming for investors.
• Negative Sentiment: Uber filed suit against New York City over a new driver-retention rule, arguing it weakens safety controls and harms the platform’s ability to deactivate problematic drivers. The case introduces legal and regulatory uncertainty for the core ride-hailing business. Article Title

Analyst Ratings Changes

A number of brokerages have weighed in on UBER. Guggenheim reiterated a "buy" rating on shares of Uber Technologies in a research report on Tuesday. The Goldman Sachs Group set a $115.00 price target on Uber Technologies in a research report on Thursday, May 7th. Truist Financial upped their price target on Uber Technologies from $108.00 to $112.00 and gave the company a "buy" rating in a research report on Thursday, May 7th. Weiss Ratings upgraded Uber Technologies from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, May 28th. Finally, Macquarie Infrastructure upgraded Uber Technologies to an "outperform" rating in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $104.68.

Insider Transactions at Uber Technologies

In related 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.81% of the stock is currently owned by corporate insiders.

Uber Technologies Price Performance

Shares of UBER stock opened at $69.51 on Friday. The stock's fifty day moving average is $73.48 and its 200-day moving average is $77.22. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market capitalization of $141.49 billion, a PE ratio of 17.33, a PEG ratio of 5.83 and a beta of 1.12. Uber Technologies, Inc. has a 52 week low of $67.19 and a 52 week high of $101.99.

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 company had revenue of $13.20 billion for the quarter, compared to analysts' expectations of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business's revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts expect that Uber Technologies, Inc. will post 2.95 EPS 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.

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