Uber Technologies, Inc. $UBER Shares Sold by Savant Capital LLC

Key Points

• Savant Capital LLC cut its Uber stake by 29% in the fourth quarter, selling 217,181 shares and leaving it with 532,626 shares worth about $43.5 million.
• Uber continues to attract major institutional support, with large holders like Vanguard and Geode increasing positions; overall, 80.24% of the stock is owned by institutional investors and hedge funds.
• Recent operational news was mostly positive, including Uber’s increased stake in Delivery Hero, a new hotel-platform partnership with Mews, and earnings that beat EPS estimates while revenue grew 14.5% year over year.

Savant Capital LLC reduced its stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 29.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 532,626 shares of the ride-sharing company's stock after selling 217,181 shares during the quarter. Savant Capital LLC's holdings in Uber Technologies were worth $43,521,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of 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 worth $15,729,142,000 after acquiring an additional 1,670,761 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of 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 worth $3,906,083,000 after acquiring an additional 1,602,596 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Uber Technologies by 1.5% in the 3rd 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 lifted its holdings in shares of Uber Technologies by 1.1% in the 3rd 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. Finally, Legal & General Group Plc lifted its holdings in shares of Uber Technologies by 1.2% in the 4th quarter. Legal & General Group Plc now owns 13,550,299 shares of the ride-sharing company's stock worth $1,107,195,000 after acquiring an additional 163,986 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

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

Insider Activity at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the stock in a transaction that occurred 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 sale, the senior vice president directly owned 460,756 shares of the company's stock, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 3.81% of the company's stock.

Uber Technologies Trading Up 0.2%

Shares of NYSE:UBER opened at $70.89 on Friday. Uber Technologies, Inc. has a 52 week low of $68.46 and a 52 week high of $101.99. The company's 50 day moving average is $73.84 and its two-hundred day moving average is $78.59. 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 company has a market cap of $144.31 billion, a PE ratio of 17.68, a P/E/G ratio of 6.01 and a beta of 1.16.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS 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 company had revenue of $13.20 billion for the quarter, compared to the consensus estimate of $13.28 billion. During the same period in the prior year, the firm posted $0.83 EPS. The company's quarterly revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Equities analysts predict that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

UBER has been the topic of several recent analyst reports. Piper Sandler upped their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the stock an "overweight" rating in a report on Thursday, May 7th. Citizens Jmp restated a "market outperform" rating and issued a $100.00 price objective on shares of Uber Technologies in a report on Tuesday, April 28th. Fox Advisors upgraded shares of Uber Technologies from a "hold" rating to an "outperform" rating in a report on Monday, May 11th. Guggenheim reaffirmed a "buy" rating and set a $125.00 target price on shares of Uber Technologies in a research note on Monday, April 27th. Finally, Citigroup reaffirmed a "market outperform" rating on shares of Uber Technologies in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $104.97.

About Uber Technologies

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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