Uber Technologies, Inc. $UBER Shares Sold by Swedbank AB

Key Points

• Swedbank AB trimmed its stake in Uber by 4.3%, selling 32,597 shares and now holding 725,879 shares valued at about $59.31 million, while institutional investors own roughly 80.24% of the stock.
• Uber beat Q1 adjusted EPS estimates with $0.72 (vs. $0.69), reported $13.20B in revenue (+14.5%) that was slightly below consensus, but issued upbeat Q2 guidance (including gross-bookings and EPS guidance $0.78–0.82), fueling a rally and analyst upgrades.
• Analyst sentiment is broadly positive—DA Davidson lifted its target to $107 and the MarketBeat consensus is a "Moderate Buy" with an average target of $105.17—while shares trade near $79 with a market cap of about $161.9B.

Swedbank AB decreased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 725,879 shares of the ride-sharing company's stock after selling 32,597 shares during the quarter. Swedbank AB's holdings in Uber Technologies were worth $59,312,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in UBER. Brighton Jones LLC boosted its holdings in shares of Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company's stock worth $4,491,000 after purchasing an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Uber Technologies by 65.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company's stock worth $939,000 after purchasing an additional 6,129 shares during the last quarter. Bison Wealth LLC boosted its holdings in shares of Uber Technologies by 20.3% during the fourth quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company's stock worth $229,000 after purchasing an additional 641 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of Uber Technologies during the first quarter worth $304,000. Finally, Schnieders Capital Management LLC. acquired a new stake in shares of Uber Technologies during the second quarter worth $842,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Key Stories Impacting Uber Technologies

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

• Positive Sentiment: Q1 beat and bullish guidance — Uber reported $0.72 adjusted EPS (slightly above estimates), strong gross bookings (~$53.7B) and issued Q2 gross-bookings guidance above Street expectations, which is the main catalyst for the stock rally today. Uber forecasts strong second-quarter bookings despite Middle East woes — Reuters
• Positive Sentiment: Analyst upgrade/price-target lift — DA Davidson raised its price target to $107 and kept a Buy rating, signaling further upside from current levels and supporting buying interest. DA Davidson raises Uber price target — Benzinga
• Positive Sentiment: Partnerships and network expansion — Uber Eats expanded grocery delivery with Ahold Delhaize (nearly 2,000 stores) and other commercial partnerships that support higher-margin delivery growth and member engagement (Uber One reached ~50M members). Ahold Delhaize & Uber Eats expand partnership — Zacks
• Neutral Sentiment: Robotaxi & vehicle deals — Longer-term upside from autonomous initiatives and large vehicle orders (e.g., Rivian-related news) is being priced in, but execution and capital intensity make this a multi-year story rather than an immediate earnings driver. Uber orders Rivian robotaxis — The Motley Fool
• Neutral Sentiment: Cost/AI positioning — Management says the company is slowing hiring while investing in AI efficiencies (AI-generated code, productivity gains). This supports margins long-term but creates near-term investment/cost trade-offs. Uber slowing hiring to fund AI — Business Insider
• Negative Sentiment: Revenue slightly missed estimates and regional drag — Q1 revenue grew ~14% but was a touch below consensus; management flagged ~60 bps headwind from the Middle East conflict. These factors temper the beat and keep some execution risk. Uber misses Q1 revenue estimate — Yahoo Finance
• Negative Sentiment: Legal and regulatory risks — Ongoing legal issues (recent jury verdict coverage) add uncertainty around potential liabilities and valuation downside for some investors. Uber jury verdict/legal risks — Yahoo Finance

Uber Technologies Price Performance

Shares of Uber Technologies stock opened at $79.24 on Thursday. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99. The stock has a market capitalization of $161.89 billion, a P/E ratio of 16.82, a PEG ratio of 6.72 and a beta of 1.16. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The business's fifty day moving average price is $74.06 and its 200 day moving average price is $80.91.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.03. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm had revenue of $13.20 billion for the quarter, compared to analysts' expectations of $13.28 billion. During the same quarter last year, the firm earned $0.83 earnings per share. The firm's revenue for the quarter 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. As a group, research analysts anticipate that Uber Technologies, Inc. will post 3.32 earnings per share for the current year.

Insider Activity

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the firm's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares of the company's stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the business's stock in a transaction on Tuesday, February 24th. The stock was bought at an average cost 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 of the company's stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.81% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Cantor Fitzgerald decreased their price objective on Uber Technologies from $99.00 to $92.00 and set an "overweight" rating on the stock in a report on Thursday, February 5th. Mizuho reduced their target price on Uber Technologies from $130.00 to $110.00 and set an "outperform" rating on the stock in a report on Thursday, February 5th. UBS Group reduced their target price on Uber Technologies from $111.00 to $110.00 and set a "buy" rating on the stock in a report on Friday, May 1st. Roth Mkm set a $105.00 target price on Uber Technologies in a report on Thursday, February 5th. Finally, Weiss Ratings cut Uber Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $105.17.

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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