Milford Funds Ltd. Purchases New Holdings in Uber Technologies, Inc. $UBER

Key Points

• Milford Funds Ltd. opened a new position in Uber Technologies during the fourth quarter, buying 152,330 shares valued at about $12.45 million.
• Uber’s stock continues to attract heavy institutional interest, with 80.24% of shares held by institutional investors, even as some insiders trimmed holdings. SVP Nikki Krishnamurthy sold 30,000 shares in March.
• Analysts remain generally positive: several firms raised ratings or price targets, and Uber’s latest earnings beat EPS expectations, although the stock faces concerns about autonomous-vehicle competition and a possible Delivery Hero acquisition.

Milford Funds Ltd. purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 152,330 shares of the ride-sharing company's stock, valued at approximately $12,447,000.

Several other hedge funds also recently added to or reduced their stakes in UBER. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies during the 3rd quarter valued at about $25,000. Lloyd Advisory Services LLC. bought a new position in Uber Technologies during the 4th quarter valued at about $27,000. Ares Financial Consulting LLC bought a new position in Uber Technologies during the 4th quarter valued at about $28,000. Gould Capital LLC grew its holdings in Uber Technologies by 245.0% during the 4th quarter. Gould Capital LLC now owns 345 shares of the ride-sharing company's stock valued at $28,000 after purchasing an additional 245 shares during the last quarter. Finally, SWAN Capital LLC boosted its position in Uber Technologies by 265.0% in the 4th quarter. SWAN Capital LLC now owns 365 shares of the ride-sharing company's stock valued at $30,000 after buying an additional 265 shares during the period. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies News Summary

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

• Negative Sentiment: Investors are concerned that self-driving competitors could eventually erode Uber’s core ride-hailing market, especially as Waymo expands and tests new revenue models. Ca$htag$: UBER First in Rideshare, GOOGL Gains Speed with Waymo
• Negative Sentiment: Uber is also facing skepticism over a possible Delivery Hero acquisition bid, with investors worried the deal could add integration risk and require asset divestitures to clear regulators. Uber (UBER) Plots Delivery Hero Acquisition With Strategic Asset Divestitures
• Neutral Sentiment: Analysts remain somewhat constructive on earnings, with Erste Group raising FY2026 EPS estimates to $3.35 from $3.34, which is slightly above the broader consensus of $2.95. Uber Technologies news
• Neutral Sentiment: Uber continues to defend its platform by suing New York City over a new driver-deactivation law, arguing the rule could hurt rider safety and weaken its control over marketplace operations. Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
• Positive Sentiment: Longer term, Uber still has support from bullish analysts and investor interest in its platform, including its expanding role in mobility and autonomy, which could help offset current concerns. Waymo vs. Uber: Who Will Control the Future of Autonomous Ride-Hailing?

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the company'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 represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.81% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on UBER. Fox Advisors raised shares of Uber Technologies from a "hold" rating to an "outperform" rating in a research report on Monday, May 11th. Raymond James Financial raised shares of Uber Technologies from an "outperform" rating to a "strong-buy" rating in a research report on Monday, May 11th. Royal Bank Of Canada began coverage on shares of Uber Technologies in a research report on Monday, May 11th. They issued an "outperform" rating for the company. DA Davidson reissued a "buy" rating and issued a $107.00 price objective on shares of Uber Technologies in a research report on Tuesday, May 26th. Finally, The Goldman Sachs Group set a $115.00 price objective on shares of Uber Technologies in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $104.97.

Uber Technologies Price Performance

Shares of UBER opened at $68.67 on Friday. The company has a 50 day moving average price of $73.41 and a 200-day moving average price of $77.16. Uber Technologies, Inc. has a fifty-two week low of $67.19 and a fifty-two week high of $101.99. The stock has a market capitalization of $139.79 billion, a PE ratio of 17.13, a PEG ratio of 5.91 and a beta of 1.12. 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 announced its quarterly earnings results 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. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion during the quarter, compared to analysts' expectations of $13.28 billion. During the same quarter in the prior year, the company earned $0.83 EPS. The company's revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

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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