HS Management Partners LLC Sells 143,950 Shares of Uber Technologies, Inc. $UBER

Key Points

• HS Management Partners LLC cut its Uber stake by 34.3% in the fourth quarter, selling 143,950 shares and leaving it with 276,075 shares valued at about $22.6 million.
• Uber reported Q1 earnings of $0.72 per share, beating estimates, while revenue rose 14.5% year over year to $13.20 billion. The company also guided for Q2 2026 EPS of $0.78 to $0.82.
• Analyst sentiment remains mostly positive, with Uber holding a Moderate Buy consensus and a target price of $104.97, though a few firms recently trimmed targets or downgraded the stock.

HS Management Partners LLC lowered its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 34.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 276,075 shares of the ride-sharing company's stock after selling 143,950 shares during the quarter. Uber Technologies makes up approximately 4.8% of HS Management Partners LLC's investment portfolio, making the stock its 9th largest position. HS Management Partners LLC's holdings in Uber Technologies were worth $22,558,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Transcendent Capital Group LLC bought a new position in Uber Technologies during the third quarter worth about $1,859,000. Mawer Investment Management Ltd. bought a new position in Uber Technologies during the third quarter worth about $74,107,000. Rhumbline Advisers grew its holdings in Uber Technologies by 1.1% during the third quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company's stock worth $365,479,000 after purchasing an additional 42,278 shares during the period. Longbow Finance SA grew its holdings in Uber Technologies by 51.8% during the third quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company's stock worth $11,001,000 after purchasing an additional 38,304 shares during the period. Finally, Vanguard Group Inc. grew its holdings in Uber Technologies by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares during the period. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Price Performance

NYSE:UBER opened at $71.87 on Friday. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The firm has a market cap of $146.31 billion, a price-to-earnings ratio of 17.92, a P/E/G ratio of 6.11 and a beta of 1.16. The firm's 50-day simple moving average is $74.14 and its 200 day simple moving average is $79.36. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.03. The business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. Uber Technologies's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period last year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on UBER shares. Mizuho reduced their price target on Uber Technologies from $130.00 to $110.00 and set an "outperform" rating for the company in a report on Thursday, February 5th. The Goldman Sachs Group set a $115.00 price objective on Uber Technologies in a report on Thursday, May 7th. DA Davidson boosted their price objective on Uber Technologies from $105.00 to $107.00 and gave the stock a "buy" rating in a report on Wednesday, May 6th. Fox Advisors upgraded Uber Technologies from a "hold" rating to an "outperform" rating in a report on Monday, May 11th. Finally, HSBC cut Uber Technologies to a "reduce" rating in a report on Monday, May 11th. One 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's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $104.97.

More Uber Technologies News

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

• Positive Sentiment: Uber is reportedly considering a full acquisition of Delivery Hero, a move that could broaden its global food-delivery scale and improve its competitive position outside the U.S. Uber explores takeover of European food delivery rival Delivery Hero - Bloomberg
• Positive Sentiment: Analysts and media coverage also pointed to strong underlying business momentum, with Uber’s gross bookings still growing and its Q2 guidance implying continued demand in Mobility and Delivery. Sustained Gross Bookings Momentum Benefits Uber: What Lies Ahead?
• Positive Sentiment: Uber’s autonomous-vehicle strategy remains a key long-term catalyst, with Nvidia saying its partnership could help power robotaxi expansion across nearly 30 cities and four continents by 2028. Jensen Huang Says Nvidia Is Powering Uber's Push Into Trillion-Dollar Self-Driving Opportunity Across 30 Cities
• Neutral Sentiment: Uber was also linked to broader commentary on its post-earnings outlook and autonomous push, but these pieces were more thematic than immediately stock-moving. What’s next for Uber after Q1 earnings and its aggressive autonomous push?
• Negative Sentiment: Investor caution increased because a takeover of Delivery Hero could require significant spending and may distract from Uber’s push for profitability and disciplined capital deployment. Uber considers full takeover of Delivery Hero in major expansion move: Report
• Negative Sentiment: Separate headlines about potential liability and insurance issues around Uber’s driver accidents added to regulatory and reputational concerns. Consumer Watchdog Report: Uber Plan To Limit Accident Liability Aims To Free Up Insurance Reserves

Insider Activity at Uber Technologies

In related news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the business's stock in a transaction that occurred on Tuesday, February 24th. The stock was acquired at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. This represents a 357.02% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the business's stock in a transaction that occurred 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 sale, the senior vice president owned 460,756 shares of the company's stock, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 3.81% of the company's stock.

Uber Technologies 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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