Arbejdsmarkedets Tillaegspension Purchases Shares of 261,131 Uber Technologies, Inc. $UBER

Key Points

• Arbejdsmarkedets Tillaegspension bought a new stake in Uber during the fourth quarter, acquiring 261,131 shares valued at about $21.3 million.
• Uber continues to attract heavy institutional ownership, with large holders like Vanguard, Northern Trust, and Capital World Investors also adding shares. Overall, about 80.24% of Uber’s stock is held by institutional investors and hedge funds.
• Analyst sentiment remains mostly positive despite some mixed views: Uber has a Moderate Buy consensus rating and an average price target of $105.11, while the company recently beat EPS estimates in its latest quarterly results.

Arbejdsmarkedets Tillaegspension purchased a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 261,131 shares of the ride-sharing company's stock, valued at approximately $21,337,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake 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 buying an additional 1,670,761 shares in the last quarter. Northern Trust Corp increased its position in shares of Uber Technologies by 1.5% during the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company's stock valued at $1,911,301,000 after purchasing an additional 297,132 shares during the last quarter. Capital World Investors increased its position in shares of Uber Technologies by 1.1% during the 3rd quarter. Capital World Investors now owns 17,016,467 shares of the ride-sharing company's stock valued at $1,667,121,000 after purchasing an additional 182,976 shares during the last quarter. Legal & General Group Plc increased its holdings in Uber Technologies by 6.9% in the 3rd quarter. Legal & General Group Plc now owns 13,386,313 shares of the ride-sharing company's stock worth $1,311,457,000 after acquiring an additional 867,719 shares during the last quarter. Finally, Boston Partners increased its holdings in Uber Technologies by 2.9% in the 3rd quarter. Boston Partners now owns 9,422,708 shares of the ride-sharing company's stock worth $923,919,000 after acquiring an additional 263,824 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently commented on UBER. KeyCorp cut their price objective on Uber Technologies from $110.00 to $105.00 and set an "overweight" rating for the company in a report on Tuesday, January 20th. HSBC downgraded Uber Technologies to a "reduce" rating in a research report on Monday. Guggenheim restated a "buy" rating and set a $125.00 target price on shares of Uber Technologies in a report on Monday, April 27th. Citigroup restated a "buy" rating on shares of Uber Technologies in a report on Tuesday, March 17th. Finally, Truist Financial upped their price target on Uber Technologies from $108.00 to $112.00 and gave the stock a "buy" rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Uber Technologies has a consensus rating of "Moderate Buy" and an average price target of $105.11.

Uber Technologies Stock Up 0.7%

NYSE UBER opened at $75.23 on Friday. The stock's 50-day moving average price is $74.19 and its 200-day moving average price is $80.14. 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 52 week low of $68.46 and a 52 week high of $101.99. The company has a market capitalization of $153.14 billion, a P/E ratio of 18.76, a price-to-earnings-growth ratio of 5.74 and a beta of 1.16.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter last year, the company earned $0.83 earnings per share. The business'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, equities research analysts predict that Uber Technologies, Inc. will post 3.26 earnings per share for the current year.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber’s Uber One subscription program reached 50 million members, highlighting stronger customer loyalty and a potentially more durable recurring revenue stream. Uber just hit an impressive 50M milestone
• Positive Sentiment: Fox Advisors upgraded Uber to Outperform and set a $95 price target, reflecting confidence in the company’s investment strategy and future earnings power. Uber Technologies (UBER) – Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio
• Positive Sentiment: Uber announced plans to open two campuses in India and expand infrastructure support there, which could strengthen product development and operating efficiency over time. Uber to open 2 campuses in India to support product development, operations
• Neutral Sentiment: Several articles continue to frame Uber as a long-term “super app” or autonomy winner, but these are mostly strategic narratives rather than immediate catalysts. Can Uber Make an “Everything” App?
• Negative Sentiment: SoftBank’s Q1 portfolio update showed a complete exit from Uber, which may weigh on sentiment because it removes a notable institutional backer. SoftBank (SFTBY) Dumps Uber and Lemonade, Slashes T-Mobile Holdings in Q1 Portfolio Overhaul
• Negative Sentiment: Reports about tension in the Uber-Waymo partnership and criticism of autonomous-vehicle rollout could raise concerns about the pace and competitiveness of Uber’s self-driving strategy. Uber-Waymo Partnership On The Rocks? Exec Shares 'Scary' SF Robotaxi Moment, Slam AV Rollout

Insider Activity at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm's stock in a transaction that occurred on 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 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 transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business's stock in a transaction on Tuesday, February 24th. The shares were purchased at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the acquisition, the chief financial officer directly owned 28,742 shares in the company, valued at $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 3.81% of the company's stock.

About Uber Technologies

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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