Money Concepts Capital Corp Reduces Stock Holdings in Uber Technologies, Inc. $UBER

Key Points

• Money Concepts Capital Corp cut its Uber stake by 86% in the fourth quarter, reducing its holdings to 2,650 shares worth about $217,000 after selling 16,319 shares.
• Uber continues to attract mixed insider activity: CFO Balaji Krishnamurthy bought 22,453 shares, while SVP Nikki Krishnamurthy sold 30,000 shares, leaving insiders with 3.81% ownership.
• Uber’s latest results and outlook were solid, with Q1 earnings of $0.72 per share beating estimates and revenue up 14.5% year over year, while the company guided Q2 2026 EPS to $0.78-$0.82.

Money Concepts Capital Corp reduced its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 86.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,650 shares of the ride-sharing company's stock after selling 16,319 shares during the period. Money Concepts Capital Corp's holdings in Uber Technologies were worth $217,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of UBER. Vanguard Group Inc. grew its position in shares of 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 acquiring an additional 1,670,761 shares during the last quarter. Northern Trust Corp grew its position in shares of Uber Technologies by 1.5% during the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company's stock worth $1,911,301,000 after acquiring an additional 297,132 shares during the last quarter. Capital World Investors grew its position in shares of Uber Technologies by 1.1% during the third quarter. Capital World Investors now owns 17,016,467 shares of the ride-sharing company's stock worth $1,667,121,000 after acquiring an additional 182,976 shares during the last quarter. Legal & General Group Plc grew its position in shares of Uber Technologies by 6.9% during the third quarter. Legal & General Group Plc now owns 13,386,313 shares of the ride-sharing company's stock worth $1,311,457,000 after acquiring an additional 867,719 shares during the last quarter. Finally, Boston Partners grew its position in shares of Uber Technologies by 2.9% during the third quarter. Boston Partners now owns 9,422,708 shares of the ride-sharing company's stock worth $923,919,000 after acquiring an additional 263,824 shares during the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Uber Technologies news, CFO Balaji (A) Krishnamurthy bought 22,453 shares of Uber Technologies stock in a transaction on Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the acquisition, the chief financial officer owned 28,742 shares in the company, valued at $2,047,867.50. The trade was a 357.02% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the firm's stock in a transaction 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 directly 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 position. Additional details regarding this sale are available in the official SEC disclosure. 3.81% of the stock is currently owned by company insiders.

Uber Technologies Stock Performance

NYSE:UBER opened at $74.70 on Friday. The firm's fifty day moving average price is $74.22 and its 200 day moving average price is $80.17. Uber Technologies, Inc. has a 1-year low of $68.46 and a 1-year high of $101.99. 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 firm has a market cap of $152.05 billion, a price-to-earnings ratio of 18.63, a price-to-earnings-growth ratio of 5.76 and a beta of 1.16.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $13.28 billion. During the same period last year, the firm posted $0.83 EPS. Uber Technologies's quarterly revenue was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, sell-side analysts expect that Uber Technologies, Inc. will post 3.25 EPS for the current year.

More Uber Technologies News

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

• Positive Sentiment: Uber said its Uber One subscription program has reached 50 million members, highlighting strong customer loyalty and recurring revenue potential as the company deepens engagement across rides and delivery. Uber just hit an impressive 50M milestone
• Positive Sentiment: Uber is expanding its technology and operations footprint in India with two new campuses and a data-center partnership, signaling ongoing investment in product development and infrastructure that could support future growth. Uber to open 2 campuses in India to support product development, operations
• Positive Sentiment: Analyst sentiment remains constructive, with Fox Advisors upgrading Uber to Outperform and setting a $95 target, while another update nudged fair-value estimates higher as investors reassess Uber’s autonomy partnerships and valuation. Uber Technologies (UBER) – Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio How The Uber Technologies (UBER) Narrative Is Shifting Around Autonomy Deals And Valuation
• Positive Sentiment: Uber continues to get bullish attention from prominent market voices and investors, including commentary from Jim Cramer and a note that billionaire David Tepper views Uber as a top AI stock, which may help sentiment around the shares. Jim Cramer on Uber: “There Aren’t Many as Good” This is why Uber Technologies, Inc. (UBER) is a Top AI Stock, according to Billionaire David Tepper
• Neutral Sentiment: Several articles continue to frame Uber as a potential “everything app” or a beneficiary of robotaxi and autonomy upside, but these are longer-term themes rather than immediate catalysts. Can Uber Make an “Everything” App? Uber: Accelerating Flywheel With Superapp And Robotaxis Upside
• Neutral Sentiment: Uber’s leadership reshuffle, focused on AI and autonomous-vehicle risk management, appears strategic rather than alarming and may simply reflect the company’s shifting priorities. Uber Reshapes Leadership To Tackle AI And Autonomous Vehicle Risks
• Negative Sentiment: Uber’s public sparring with Waymo could underscore competitive pressure in autonomous driving, even if it does not change near-term fundamentals. Uber has been taking direct — and indirect — shots at its partner, Waymo

Wall Street Analyst Weigh In

UBER has been the topic of a number of research reports. UBS Group lowered shares of Uber Technologies from a "buy" rating to a "neutral" rating in a research report on Monday. Needham & Company LLC restated a "buy" rating and set a $109.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. The Goldman Sachs Group set a $115.00 target price on shares of Uber Technologies in a research report on Thursday, May 7th. Fox Advisors upgraded shares of Uber Technologies from a "hold" rating to an "outperform" rating in a research report on Monday. Finally, Mizuho lowered their price objective on shares of Uber Technologies from $130.00 to $110.00 and set an "outperform" rating on the stock in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $105.11.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.