SBI Okasan Asset Management Co.Ltd. Purchases New Shares in Uber Technologies, Inc. $UBER

Key Points

• SBI Okasan Asset Management disclosed a new fourth-quarter stake in Uber, buying 53,140 shares worth about $4.33 million. The position now ranks as its 19th-largest holding and makes up roughly 0.2% of its portfolio.
• Uber continues to attract strong institutional support, with major holders like Vanguard, Geode, Mitsubishi UFJ, and Massachusetts Financial Services all increasing positions. Overall, hedge funds and other institutions own about 80.24% of Uber’s shares.
• Recent headlines around Uber are mixed but mostly growth-oriented, including a larger stake in Delivery Hero, a new hotel-platform integration with Mews, and ongoing investor attention on its execution and robotaxi competition. Analysts currently rate the stock a Moderate Buy with a consensus price target of $104.97.

SBI Okasan Asset Management Co.Ltd. purchased a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 53,140 shares of the ride-sharing company's stock, valued at approximately $4,331,000. Uber Technologies comprises about 0.2% of SBI Okasan Asset Management Co.Ltd.'s investment portfolio, making the stock its 19th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of UBER. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Uber Technologies by 129.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company's stock valued at $776,883,000 after purchasing an additional 5,293,822 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in Uber Technologies by 65.2% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company's stock valued at $400,596,000 after purchasing an additional 1,935,832 shares during the last quarter. C WorldWide Group Holding A S purchased a new stake in Uber Technologies in the 3rd quarter valued at $173,776,000. Vanguard Group Inc. raised its position in Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company's stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Uber Technologies by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company's stock valued at $3,906,083,000 after purchasing an additional 1,602,596 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company's stock.

Key Headlines Impacting Uber Technologies

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

• Positive Sentiment: Uber raised its stake in Delivery Hero to 36.83% amid takeover discussions, reinforcing the company’s push to consolidate in food delivery and potentially expand its international reach. Uber Raises Delivery Hero Stake To 36.83% Amid Takeover Talks
• Positive Sentiment: Uber continues to benefit from strategic partnerships, including a new integration with hotel platform Mews that lets hotels book, track, and bill Uber rides for guests and staff, which could support ride volume growth. Hotel Platform Mews Embeds Uber to Transport Guests and Staff
• Positive Sentiment: Uber was highlighted at the Bernstein Strategic Decisions Conference, where management’s presentation likely kept focus on execution, profitability, and growth strategy for investors. Uber Technologies, Inc. Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Neutral Sentiment: Analysts and commentators are debating whether Waymo’s robotaxi progress is a threat to Uber or a sign that ride-hailing demand remains resilient, keeping the competitive narrative in focus. Waymo won’t kill Uber, this investor says
• Neutral Sentiment: Uber also received attention from unusually heavy call-option buying, suggesting traders were positioning for further upside. Trouble With Waymo? Call an Uber
• Negative Sentiment: One note flagged insider stock sales totaling about $4.6 million, which can sometimes be read as a cautious signal even if it does not necessarily change the underlying business outlook. Insiders At Uber Technologies Sold US$4.6m In Stock, Alluding To Potential Weakness
• Negative Sentiment: Uber also faces some scrutiny from reports about customer complaints over Uber One membership charges, which could pressure sentiment if retention or billing issues become a bigger issue. Upset Uber customers charged for monthly memberships they say they never signed up for

Uber Technologies Stock Up 0.2%

UBER stock opened at $70.89 on Friday. Uber Technologies, Inc. has a one year low of $68.46 and a one year high of $101.99. The stock has a market capitalization of $144.31 billion, a PE ratio of 17.68, a price-to-earnings-growth ratio of 6.01 and a beta of 1.16. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The company has a fifty day moving average of $73.84 and a 200-day moving average of $78.59.

Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS 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 company had revenue of $13.20 billion during the quarter, compared to analysts' expectations of $13.28 billion. During the same quarter last year, the business earned $0.83 EPS. The business's 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. As a group, analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Weiss Ratings downgraded Uber Technologies from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, May 13th. Wells Fargo & Company lifted their target price on Uber Technologies from $95.00 to $102.00 and gave the company an "overweight" rating in a research note on Thursday, May 7th. DA Davidson reiterated a "buy" rating and issued a $107.00 target price on shares of Uber Technologies in a research note on Tuesday. TD Cowen assumed coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set a "hold" rating for the company. Finally, Canaccord Genuity Group set a $72.00 target price on shares of Uber Technologies in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $104.97.

Insider Activity

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the 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 completion of the transaction, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.81% of the stock is owned by corporate insiders.

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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