Cookson Peirce & Co. Inc. Has $27.10 Million Stake in Uber Technologies, Inc. $UBER

Key Points

• Cookson Peirce & Co. Inc. trimmed its Uber stake by 4.5% in the fourth quarter, selling 15,611 shares and ending with 331,661 shares valued at about $27.1 million.
• Uber remains widely held by institutions, with about 80.24% of shares owned by institutional investors and hedge funds. Several other funds also increased their positions modestly during the quarter.
• Uber’s latest earnings showed strong revenue growth of 14.5% year over year and EPS of $0.72, while recent news highlights management’s push into AI efficiency and a larger robotaxi/autonomous vehicle strategy.

Cookson Peirce & Co. Inc. trimmed its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 331,661 shares of the ride-sharing company's stock after selling 15,611 shares during the quarter. Uber Technologies accounts for 1.1% of Cookson Peirce & Co. Inc.'s investment portfolio, making the stock its 24th largest holding. Cookson Peirce & Co. Inc.'s holdings in Uber Technologies were worth $27,100,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Advisors Capital Management LLC grew its holdings in Uber Technologies by 1.8% during the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company's stock worth $627,000 after buying an additional 111 shares in the last quarter. Stelac Advisory Services LLC grew its holdings in Uber Technologies by 10.4% during the third quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company's stock worth $121,000 after buying an additional 117 shares in the last quarter. Smithfield Trust Co grew its holdings in Uber Technologies by 8.3% during the third quarter. Smithfield Trust Co now owns 1,532 shares of the ride-sharing company's stock worth $151,000 after buying an additional 118 shares in the last quarter. Oxinas Partners Wealth Management LLC grew its holdings in Uber Technologies by 1.3% during the third quarter. Oxinas Partners Wealth Management LLC now owns 9,423 shares of the ride-sharing company's stock worth $923,000 after buying an additional 122 shares in the last quarter. Finally, Cadence Bank grew its holdings in Uber Technologies by 1.7% during the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company's stock worth $722,000 after buying an additional 122 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

More Uber Technologies News

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. The Goldman Sachs Group set a $115.00 price target on Uber Technologies in a report on Thursday, May 7th. UBS Group downgraded Uber Technologies from a "buy" rating to a "neutral" rating in a report on Monday, May 11th. Fox Advisors upgraded Uber Technologies from a "hold" rating to an "outperform" rating in a report on Monday, May 11th. TD Cowen assumed coverage on Uber Technologies in a report on Monday, May 11th. They set a "hold" rating for the company. Finally, Citizens Jmp reiterated a "market outperform" rating and set a $100.00 price target on shares of Uber Technologies in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $104.68.

Uber Technologies Stock Down 1.9%

Shares of NYSE:UBER opened at $70.84 on Friday. The company has a market capitalization of $144.21 billion, a PE ratio of 17.67, a price-to-earnings-growth ratio of 6.01 and a beta of 1.12. 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 business has a fifty day moving average price of $73.53 and a two-hundred day moving average price of $77.80. Uber Technologies, Inc. has a 1 year low of $68.46 and a 1 year high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last announced 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. The firm had revenue of $13.20 billion during 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 revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Insider Transactions at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the 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 sale, 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 document filed with the SEC, which is accessible through this hyperlink. 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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