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Uber Technologies, Inc. $UBER Shares Bought by Maxi Investments CY Ltd

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Key Points

  • Maxi Investments CY Ltd raised its Uber stake by 93.6% in Q3 to 54,800 shares (worth about $5.37M), making UBER ~0.4% of the fund and its 24th largest holding.
  • Uber CFO Balaji (A) Krishnamurthy bought 22,453 shares at $71.25 (~$1.6M), increasing his direct holding by 357%, signaling insider buying interest.
  • Several analysts have trimmed price targets, but the consensus remains a Moderate Buy with an average target of $105.29; Uber’s latest quarter saw a revenue beat ($14.37B) but an EPS miss ($0.71 vs. $0.79) and Q1 guidance of $0.65–0.72.
  • MarketBeat previews top five stocks to own in May.

Maxi Investments CY Ltd raised its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 93.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,800 shares of the ride-sharing company's stock after buying an additional 26,500 shares during the quarter. Uber Technologies makes up approximately 0.4% of Maxi Investments CY Ltd's portfolio, making the stock its 24th biggest position. Maxi Investments CY Ltd's holdings in Uber Technologies were worth $5,369,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of UBER. Measured Wealth Private Client Group LLC acquired a new stake in Uber Technologies during the 3rd quarter worth $25,000. Mizuho Markets Cayman LP acquired a new position in Uber Technologies in the third quarter valued at $77,000. Moors & Cabot Inc. increased its stake in Uber Technologies by 11.3% in the third quarter. Moors & Cabot Inc. now owns 77,097 shares of the ride-sharing company's stock valued at $7,553,000 after purchasing an additional 7,848 shares during the period. Morse Asset Management Inc raised its holdings in shares of Uber Technologies by 8.9% in the third quarter. Morse Asset Management Inc now owns 15,756 shares of the ride-sharing company's stock valued at $1,544,000 after buying an additional 1,286 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of Uber Technologies by 29.1% in the third quarter. Mercer Global Advisors Inc. ADV now owns 244,012 shares of the ride-sharing company's stock valued at $23,906,000 after buying an additional 54,976 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the company's stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the completion of the transaction, the chief financial officer directly owned 28,742 shares in the company, valued at $2,047,867.50. This represents a 357.02% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider directly owned 176,584 shares of the company's stock, valued at $14,744,764. This trade represents a 1.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.70% of the company's stock.

Analysts Set New Price Targets

UBER has been the topic of a number of research reports. Cantor Fitzgerald lowered their price target on Uber Technologies from $99.00 to $92.00 and set an "overweight" rating on the stock in a report on Thursday, February 5th. Morgan Stanley reduced their price objective on Uber Technologies from $110.00 to $100.00 and set an "overweight" rating for the company in a research note on Thursday, February 5th. Wall Street Zen downgraded Uber Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, January 17th. Benchmark reissued a "hold" rating on shares of Uber Technologies in a report on Thursday, February 5th. Finally, Guggenheim cut their price target on Uber Technologies from $135.00 to $125.00 and set a "buy" rating for the company in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Uber Technologies has an average rating of "Moderate Buy" and an average price target of $105.29.

View Our Latest Stock Report on UBER

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $74.74 on Tuesday. The firm has a market capitalization of $153.82 billion, a price-to-earnings ratio of 15.87, a price-to-earnings-growth ratio of 6.72 and a beta of 1.22. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.14 and a quick ratio of 1.14. The business's 50 day simple moving average is $77.58 and its 200-day simple moving average is $86.31. Uber Technologies, Inc. has a 12 month low of $60.63 and a 12 month high of $101.99.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.08). The firm had revenue of $14.37 billion during the quarter, compared to analysts' expectations of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. The business's revenue for the quarter was up 20.1% on a year-over-year basis. During the same period in the previous year, the business earned $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Key Stories Impacting Uber Technologies

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

Uber Technologies Company 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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