Egerton Capital UK LLP Acquires New Holdings in Uber Technologies, Inc. $UBER

Key Points

• Egerton Capital UK LLP disclosed a new fourth-quarter stake in Uber, buying 2.68 million shares valued at about $219.1 million. The position makes Uber its 17th-largest holding and about 2.4% of its portfolio.
• Uber continues to attract heavy institutional interest, with institutional investors owning 80.24% of the stock. Several firms increased or initiated positions, though insider SVP Nikki Krishnamurthy also sold 30,000 shares in March.
• Uber recently reported Q1 earnings above expectations and issued Q2 guidance of $0.78 to $0.82 EPS, while analysts maintain a Moderate Buy consensus and average target price of $104.68. The stock was trading around $70.84, below its recent averages and well under its 52-week high.

Egerton Capital UK LLP acquired a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 2,681,172 shares of the ride-sharing company's stock, valued at approximately $219,079,000. Uber Technologies comprises about 2.4% of Egerton Capital UK LLP's investment portfolio, making the stock its 17th largest holding. Egerton Capital UK LLP owned about 0.13% of Uber Technologies at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Krane Funds Advisors LLC bought a new position in Uber Technologies in the 4th quarter valued at approximately $1,438,000. Lyrical Asset Management LP lifted its stake in Uber Technologies by 25.0% in the 4th quarter. Lyrical Asset Management LP now owns 3,518,917 shares of the ride-sharing company's stock valued at $287,531,000 after purchasing an additional 702,882 shares during the last quarter. Arrowroot Family Office LLC lifted its stake in Uber Technologies by 5.7% in the 4th quarter. Arrowroot Family Office LLC now owns 3,531 shares of the ride-sharing company's stock valued at $289,000 after purchasing an additional 190 shares during the last quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna raised its stake in shares of Uber Technologies by 727.4% during the fourth quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 25,723 shares of the ride-sharing company's stock valued at $2,102,000 after acquiring an additional 22,614 shares during the last quarter. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD bought a new position in shares of Uber Technologies during the fourth quarter valued at $9,226,000. Institutional investors own 80.24% of the company's stock.

Uber Technologies Trading Up 0.2%

NYSE:UBER opened at $70.84 on Monday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $144.21 billion, a price-to-earnings ratio of 17.67, a PEG ratio of 6.01 and a beta of 1.12. The firm has a fifty day simple moving average of $73.53 and a two-hundred day simple moving average of $77.70. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99.

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

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

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction dated Monday, March 16th. The shares were 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 directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.81% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on UBER. Fox Advisors raised shares of Uber Technologies from a "hold" rating to an "outperform" rating in a research note on Monday, May 11th. JPMorgan Chase & Co. raised their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Thursday, May 7th. Weiss Ratings raised shares of Uber Technologies from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, May 28th. Wells Fargo & Company raised their price target on shares of Uber Technologies from $95.00 to $102.00 and gave the company an "overweight" rating in a research note on Thursday, May 7th. Finally, BNP Paribas Exane downgraded shares of Uber Technologies to an "underweight" rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $104.68.

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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