Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Stock Holdings in Uber Technologies, Inc. $UBER

Key Points

• Fjarde AP Fonden increased its Uber stake by 6.0% in the fourth quarter, adding 31,200 shares to bring its total holdings to 551,833 shares valued at about $45.1 million.
• Institutional interest in Uber remains strong overall, with several major investors also expanding positions; 80.24% of Uber’s stock is owned by hedge funds and other institutional investors.
• Uber’s recent earnings topped EPS expectations, and analysts currently hold a Moderate Buy consensus with an average price target of $104.68, though views remain mixed after several rating changes.

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 551,833 shares of the ride-sharing company's stock after buying an additional 31,200 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Uber Technologies were worth $45,090,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of UBER. Norges Bank purchased a new stake in Uber Technologies during the 4th quarter worth approximately $2,515,094,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Uber Technologies by 129.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company's stock worth $776,883,000 after buying an additional 5,293,822 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Uber Technologies by 65.2% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company's stock worth $400,596,000 after buying an additional 1,935,832 shares in the last quarter. Mawer Investment Management Ltd. increased its stake in Uber Technologies by 231.0% during the 4th quarter. Mawer Investment Management Ltd. now owns 2,503,682 shares of the ride-sharing company's stock worth $204,576,000 after buying an additional 1,747,252 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock worth $15,729,142,000 after buying an additional 1,670,761 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on UBER shares. HSBC lowered Uber Technologies to a "reduce" rating in a research note on Monday, May 11th. US Capital Advisors set a $95.00 price target on Uber Technologies in a research report on Monday, May 11th. DA Davidson restated a "buy" rating and issued a $107.00 price target on shares of Uber Technologies in a research report on Tuesday, May 26th. UBS Group lowered Uber Technologies from a "buy" rating to a "neutral" rating in a research report on Monday, May 11th. Finally, Fox Advisors upgraded Uber Technologies from a "hold" rating to an "outperform" rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Uber Technologies presently has a consensus rating of "Moderate Buy" and an average price target of $104.68.

Insiders Place Their Bets

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

Uber Technologies Price Performance

UBER stock opened at $70.84 on Friday. 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 50 day simple moving average of $73.53 and a 200-day simple moving average of $77.80. The firm has a market capitalization of $144.21 billion, a PE ratio of 17.67, a price-to-earnings-growth ratio of 6.14 and a beta of 1.12. 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 issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. The company had revenue of $13.20 billion during the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Key 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

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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