BI Asset Management Fondsmaeglerselskab A S Lowers Position in Uber Technologies, Inc. $UBER

BI Asset Management Fondsmaeglerselskab A S cut its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 14.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 390,975 shares of the ride-sharing company's stock after selling 65,841 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Uber Technologies were worth $31,947,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of UBER. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies during the third quarter valued at approximately $25,000. Lloyd Advisory Services LLC. purchased a new position in shares of Uber Technologies during the fourth quarter valued at approximately $27,000. Ares Financial Consulting LLC purchased a new position in shares of Uber Technologies during the fourth quarter valued at approximately $28,000. Imprint Wealth LLC purchased a new position in Uber Technologies in the 3rd quarter worth approximately $32,000. Finally, Blueline Advisors LLC purchased a new position in Uber Technologies in the 4th quarter worth approximately $37,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies News Summary

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

• Positive Sentiment: Uber CEO Dara Khosrowshahi said AI tools have boosted employee productivity enough that the company is slowing hiring, which could support margins if the efficiency gains hold. The company also said it is capping AI spending after blowing through its annual budget in just one quarter, signaling tighter cost control. Article: Uber CEO Dara Khosrowshahi Says Company 'Blew' Through Its Annual AI Budget In A Single Quarter, Reports Increased Human Productivity
• Positive Sentiment: Uber is expanding its robotaxi ambitions with a large investment in Nuro, tied to plans for a major autonomous vehicle rollout using Lucid vehicles, which could strengthen its long-term growth story. Article: Uber commits nearly $500 million to Nuro robotaxi startup
• Neutral Sentiment: The company also announced a new grant round through its Health Access Fund with LISC to help low-income patients access transportation, which supports Uber’s brand and community relationships but is unlikely to move the stock on its own. Article: Uber and LISC open new grant application through Health Access Fund to bridge transportation gaps for low-income patients
• Neutral Sentiment: Several reports focused on whether Uber is a buy after recent weakness, reflecting ongoing investor debate rather than a clear new catalyst. Article: Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
• Negative Sentiment: Investors remain worried that robotaxis could disrupt Uber’s ride-hailing business, and reports said the company is recruiting fewer drivers in some self-driving markets and is making a bigger bet on autonomous vehicles to adapt. That shift adds uncertainty around Uber’s future moat and driver supply. Article: Uber is making a much bigger bet on robotaxis
• Negative Sentiment: Uber also cut 23% of roles in its People and Places division, a sign of restructuring that may help efficiency but can also reflect pressure to trim costs amid a more cautious outlook. Article: Uber Reshapes HR Team As Stock Trades Below Valuation Estimates

Insiders Place Their Bets

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company's stock in a transaction on 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 transaction, the senior vice president owned 460,756 shares of the company's stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 3.81% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on UBER shares. Weiss Ratings upgraded shares of Uber Technologies from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, May 28th. BNP Paribas Exane lowered shares of Uber Technologies to an "underweight" rating in a report on Monday, May 11th. Royal Bank Of Canada started coverage on shares of Uber Technologies in a report on Monday, May 11th. They issued an "outperform" rating for the company. DA Davidson restated a "buy" rating and issued a $107.00 price objective on shares of Uber Technologies in a report on Tuesday, May 26th. Finally, Citizens Jmp restated a "market outperform" rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Tuesday, April 28th. One investment 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 issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $104.68.

Uber Technologies Trading Down 1.9%

Shares of UBER stock opened at $70.84 on Friday. Uber Technologies, Inc. has a 1 year low of $68.46 and a 1 year high of $101.99. The firm has a fifty day moving average price of $73.53 and a 200-day moving average price of $77.80. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market cap of $144.21 billion, a price-to-earnings ratio of 17.67, a PEG ratio of 6.14 and a beta of 1.12.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. During the same quarter in the previous year, the firm posted $0.83 EPS. The company'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. As a group, equities analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current 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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