Uber Technologies, Inc. $UBER Shares Sold by Great Lakes Advisors LLC

Key Points

• Great Lakes Advisors LLC cut its Uber stake by 17% in the fourth quarter, selling 39,392 shares and leaving it with 192,334 shares valued at about $15.7 million.
• Uber’s latest quarterly results were better than expected on earnings, reporting $0.72 per share versus estimates of $0.69, while revenue came in slightly below forecasts at $13.2 billion. The company also guided Q2 2026 EPS to $0.78-$0.82.
• Analyst sentiment remains constructive, with Uber carrying a “Moderate Buy” consensus and an average price target of $104.68, even as the stock traded near $69.51 and well below its 52-week high.

Great Lakes Advisors LLC reduced its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 17.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 192,334 shares of the ride-sharing company's stock after selling 39,392 shares during the period. Great Lakes Advisors LLC's holdings in Uber Technologies were worth $15,716,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Advisors Capital Management LLC boosted its position in Uber Technologies by 1.8% during the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company's stock valued at $627,000 after purchasing an additional 111 shares during the last quarter. Stelac Advisory Services LLC boosted its position in Uber Technologies by 10.4% during the third quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company's stock valued at $121,000 after purchasing an additional 117 shares during the last quarter. Smithfield Trust Co boosted its position in Uber Technologies by 8.3% during the third quarter. Smithfield Trust Co now owns 1,532 shares of the ride-sharing company's stock valued at $151,000 after purchasing an additional 118 shares during the last quarter. Oxinas Partners Wealth Management LLC boosted its position in Uber Technologies by 1.3% during the third quarter. Oxinas Partners Wealth Management LLC now owns 9,423 shares of the ride-sharing company's stock valued at $923,000 after purchasing an additional 122 shares during the last quarter. Finally, Cadence Bank boosted its position in Uber Technologies by 1.7% during the third quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company's stock valued at $722,000 after purchasing an additional 122 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UBER has been the topic of several research analyst reports. Citizens Jmp restated a "market outperform" rating and issued a $100.00 price objective on shares of Uber Technologies in a research note on Tuesday, April 28th. DA Davidson restated a "buy" rating and issued a $107.00 price objective on shares of Uber Technologies in a research note on Tuesday, May 26th. Royal Bank Of Canada initiated coverage on Uber Technologies in a research note on Monday, May 11th. They issued an "outperform" rating on the stock. The Goldman Sachs Group set a $115.00 price objective on Uber Technologies in a research note on Thursday, May 7th. Finally, Piper Sandler upped their price objective on Uber Technologies from $100.00 to $105.00 and gave the company an "overweight" rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $104.68.

Uber Technologies Price Performance

Shares of NYSE UBER opened at $69.51 on Friday. The firm has a market cap of $141.49 billion, a P/E ratio of 17.33, a price-to-earnings-growth ratio of 5.83 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a 1-year low of $67.19 and a 1-year high of $101.99. The business's 50 day moving average is $73.48 and its 200-day moving average is $77.22.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its earnings results 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. The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a return on equity of 41.40% and a net margin of 15.91%.The firm's quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities research analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current year.

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 460,756 shares in the company, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.81% of the company's stock.

More Uber Technologies News

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

• Positive Sentiment: Several recent pieces argue Uber is still one of the better stocks to own, pointing to its maturing platform, improving fundamentals, and potential upside from autonomous ride-hailing rather than disruption from it. Article Title
• Positive Sentiment: Uber also announced a major financing partnership with Banco Santander to create a €1 billion platform for European fleet operators, which could help expand supply and support growth in key international markets. Article Title
• Positive Sentiment: Investor sentiment was helped by commentary that Uber’s self-driving investments could strengthen its long-term position, with reports highlighting robotaxi tests in Europe and the company’s commitment to autonomous technology. Article Title
• Neutral Sentiment: Uber reported in a recent market recap that its latest quarter beat EPS expectations but missed on revenue, while guidance for the next quarter was reasonably solid; this keeps the earnings picture mixed but not alarming for investors.
• Negative Sentiment: Uber filed suit against New York City over a new driver-retention rule, arguing it weakens safety controls and harms the platform’s ability to deactivate problematic drivers. The case introduces legal and regulatory uncertainty for the core ride-hailing business. Article Title

Uber Technologies Company 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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