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Titan Investment Solutions Ltd Acquires New Shares in Uber Technologies, Inc. $UBER

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Key Points

  • Titan Investment Solutions Ltd initiated a new position in Uber, buying 345,536 shares worth about $28.2 million. The stake represents roughly 3.4% of its portfolio and is now its 9th-largest holding.
  • Other institutional investors also adjusted their Uber holdings, and 80.24% of the stock is owned by institutions and hedge funds. That suggests continued strong professional investor interest in the company.
  • Uber reported Q1 results above EPS expectations with $0.72 per share versus $0.69 expected, while revenue rose 14.5% year over year. Analysts remain broadly positive, with a consensus rating of Moderate Buy and a target price near $104.97.
  • Five stocks we like better than Uber Technologies.

Titan Investment Solutions Ltd acquired a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 345,536 shares of the ride-sharing company's stock, valued at approximately $28,234,000. Uber Technologies comprises about 3.4% of Titan Investment Solutions Ltd's portfolio, making the stock its 9th largest position.

A number of other large investors have also recently added to or reduced their stakes in UBER. Brighton Jones LLC lifted its holdings in Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company's stock valued at $4,491,000 after acquiring an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company's stock valued at $939,000 after acquiring an additional 6,129 shares during the last quarter. Bison Wealth LLC lifted its holdings in Uber Technologies by 20.3% in the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company's stock valued at $229,000 after acquiring an additional 641 shares during the last quarter. Caxton Associates LLP purchased a new stake in Uber Technologies in the first quarter valued at approximately $304,000. Finally, Schnieders Capital Management LLC. purchased a new stake in Uber Technologies in the second quarter valued at approximately $842,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

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 on Monday, March 16th. The stock was sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.81% of the company's stock.

Trending Headlines about Uber Technologies

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

Uber Technologies Stock Down 1.3%

Uber Technologies stock opened at $68.67 on Friday. Uber Technologies, Inc. has a twelve month low of $67.19 and a twelve month high of $101.99. The stock's fifty day simple moving average is $73.41 and its 200-day simple moving average is $77.16. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $139.79 billion, a P/E ratio of 17.13, a P/E/G ratio of 5.91 and a beta of 1.12.

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, topping analysts' consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The business had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the prior year, the company earned $0.83 earnings per share. The company'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, equities analysts expect that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Royal Bank Of Canada assumed coverage on Uber Technologies in a research report on Monday, May 11th. They issued an "outperform" rating on the stock. Wells Fargo & Company boosted their target price on Uber Technologies from $95.00 to $102.00 and gave the company an "overweight" rating in a research report on Thursday, May 7th. BNP Paribas Exane lowered Uber Technologies to an "underweight" rating in a research report on Monday, May 11th. Macquarie Infrastructure raised Uber Technologies to an "outperform" rating in a research report on Monday, May 11th. Finally, Citizens Jmp reissued a "market outperform" rating and issued a $100.00 target price on shares of Uber Technologies in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $104.97.

Read Our Latest Analysis on UBER

Uber Technologies Profile

(Free Report)

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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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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.

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