GCQ FUNDS MANAGEMENT PTY Ltd Has $102.94 Million Stake in Uber Technologies, Inc. $UBER

Key Points

• GCQ FUNDS MANAGEMENT PTY Ltd reduced its Uber stake by 4.9% in the fourth quarter, but still held 1,259,833 shares worth about $102.94 million. Uber remains a major portfolio holding for the firm, making up roughly 14.2% of assets.
• Uber’s latest quarterly results were solid, with EPS of $0.72 topping expectations and revenue rising 14.5% year over year. The company also issued Q2 guidance of $0.78 to $0.82 EPS, signaling continued momentum.
• Analysts remain broadly positive on Uber, with several firms raising price targets and the stock carrying a Moderate Buy consensus rating. At the same time, insider trading was mixed, as the CFO bought shares while an SVP sold a portion of their holdings.

GCQ FUNDS MANAGEMENT PTY Ltd cut its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 4.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,259,833 shares of the ride-sharing company's stock after selling 65,008 shares during the period. Uber Technologies makes up approximately 14.2% of GCQ FUNDS MANAGEMENT PTY Ltd's portfolio, making the stock its 3rd biggest position. GCQ FUNDS MANAGEMENT PTY Ltd owned approximately 0.06% of Uber Technologies worth $102,941,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at about $25,000. Ares Financial Consulting LLC acquired a new stake in shares of Uber Technologies in the 4th quarter valued at about $28,000. Imprint Wealth LLC acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at about $32,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Uber Technologies in the 3rd quarter valued at about $34,000. Finally, Hager Investment Management Services LLC grew its stake in shares of Uber Technologies by 276.2% in the 4th quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company's stock valued at $40,000 after buying an additional 359 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business's stock in a transaction on Tuesday, February 24th. The stock was acquired at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares of the company's stock, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 value of $2,233,500.00. Following the transaction, the senior vice president owned 460,756 shares of the company's stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.81% of the stock is currently owned by insiders.

More Uber Technologies News

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

• Positive Sentiment: Uber beat Q1 earnings expectations and issued a stronger-than-expected Q2 bookings outlook, suggesting continued demand in rideshare, delivery, and freight. Uber Jumps 7.6% After Stronger-Than-Expected Bookings Forecast
• Positive Sentiment: Uber Eats expanded its retail reach by adding more than 1,500 Ulta Beauty stores, which could boost same-day delivery volume and support growth beyond restaurant delivery. Uber Eats and Ulta Beauty Team Up to Deliver Beauty Essentials Nationwide
• Positive Sentiment: Uber One surpassed 50 million members, and those members now drive a large share of gross bookings, reinforcing the value of Uber’s subscription and loyalty ecosystem. Uber One Crosses 50 Million Members and Signals a Fundamental Business Transformation
• Positive Sentiment: Several analysts raised price targets or reiterated bullish ratings after the earnings report, signaling higher expectations for Uber’s long-term profitability and platform strength. Uber Zooms Ahead On Platform Strength, Analysts Revise Estimates After Q1 Print
• Neutral Sentiment: Uber-backed Lime filed for an IPO after revenue growth, which highlights the value of Uber’s broader mobility ecosystem, but it is not a direct near-term driver for Uber’s core earnings. Lime Files IPO After Revenue Climbs To $886.7 Million
• Neutral Sentiment: Uber’s management continued to emphasize autonomous vehicles as a long-term opportunity, but investors are still waiting for that potential to translate into clear financial results. Uber CEO Dara Khosrowshahi Sees 'Trillion-Dollar' Self-Driving Opportunity
• Negative Sentiment: News that Uber partner Avride is under investigation for self-driving crashes adds fresh caution around the autonomous-vehicle theme, which could weigh on sentiment toward Uber’s robotaxi strategy. Uber partner Avride is under investigation for self-driving crashes

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on UBER. Piper Sandler raised their target price on Uber Technologies from $100.00 to $105.00 and gave the company an "overweight" rating in a research note on Thursday. DA Davidson raised their target price on Uber Technologies from $105.00 to $107.00 and gave the company a "buy" rating in a research note on Wednesday. Needham & Company LLC restated a "buy" rating and issued a $109.00 target price on shares of Uber Technologies in a research note on Thursday. Wall Street Zen downgraded Uber Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, January 17th. Finally, Morgan Stanley reduced their target price on Uber Technologies from $110.00 to $100.00 and set an "overweight" rating for the company in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $105.40.

Uber Technologies Price Performance

UBER stock opened at $75.50 on Friday. The company has a market capitalization of $153.69 billion, a P/E ratio of 18.83, a price-to-earnings-growth ratio of 5.78 and a beta of 1.16. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.14 and a current ratio of 1.07. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The business has a 50-day simple moving average of $74.17 and a two-hundred day simple moving average of $80.81.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings results 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 business 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 company's quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Research analysts expect that Uber Technologies, Inc. will post 3.28 EPS for the current fiscal 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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