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

Key Points

• Thames Capital Management cut its Uber stake by 33.4% in the fourth quarter, selling 52,746 shares and leaving it with 105,224 shares valued at about $8.6 million.
• Other institutional investors were mixed on Uber: some, like MUFG Securities EMEA and Welch & Forbes, sharply increased holdings, while overall 80.24% of the stock remains owned by hedge funds and other institutions.
• Uber reported strong quarterly results, with EPS of $0.72 beating estimates and revenue up 14.5% year over year, though shares were down 0.9% and analysts currently rate the stock a Moderate Buy with a $104.68 average target.

Thames Capital Management LLC trimmed its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 33.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 105,224 shares of the ride-sharing company's stock after selling 52,746 shares during the period. Thames Capital Management LLC's holdings in Uber Technologies were worth $8,598,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. MUFG Securities EMEA plc increased its stake in shares of Uber Technologies by 1,399.6% during the 4th quarter. MUFG Securities EMEA plc now owns 598,582 shares of the ride-sharing company's stock worth $48,910,000 after purchasing an additional 558,666 shares in the last quarter. Texas Yale Capital Corp. purchased a new position in shares of Uber Technologies during the 4th quarter worth approximately $615,000. Welch & Forbes LLC increased its stake in shares of Uber Technologies by 188.2% during the 4th quarter. Welch & Forbes LLC now owns 254,751 shares of the ride-sharing company's stock worth $20,816,000 after purchasing an additional 166,371 shares in the last quarter. Edgemoor Investment Advisors Inc. increased its stake in shares of Uber Technologies by 25.8% during the 4th quarter. Edgemoor Investment Advisors Inc. now owns 39,105 shares of the ride-sharing company's stock worth $3,195,000 after purchasing an additional 8,029 shares in the last quarter. Finally, Catalyst Capital Advisors LLC increased its stake in shares of Uber Technologies by 11.1% during the 4th quarter. Catalyst Capital Advisors LLC now owns 45,000 shares of the ride-sharing company's stock worth $3,677,000 after purchasing an additional 4,500 shares in the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UBER has been the subject of a number of recent research reports. Guggenheim reissued a "buy" rating and set a $125.00 price objective on shares of Uber Technologies in a research note on Monday, April 27th. Weiss Ratings raised shares of Uber Technologies from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday. Raymond James Financial raised shares of Uber Technologies from an "outperform" rating to a "strong-buy" rating in a research note on Monday, May 11th. UBS Group cut shares of Uber Technologies from a "buy" rating to a "neutral" rating in a research note on Monday, May 11th. 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 given a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $104.68.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber unveiled a $49 shuttle service for FIFA World Cup matches across major U.S. venues, a move that could boost rides demand and strengthen Uber’s event-driven transportation business. Uber Plans $49 Shuttle for New York-New Jersey World Cup Matches
• Positive Sentiment: Uber is partnering with hotel platform Mews to integrate into 15,000 hotels worldwide, expanding its reach with travelers and potentially creating more booking-driven ride volume. Uber wants to answer the hotel industry’s most asked question. Now it’s integrating into 15,000 hotels globally
• Neutral Sentiment: SRx Health Solutions disclosed a new investment in Uber as part of its portfolio update, which adds another data point of outside investor interest but is not a direct operating catalyst. SRx Health Solutions Invests in Uber Technologies, Inc. and Provides Shareholders with Portfolio Update
• Negative Sentiment: Uber reportedly raised its stake in Delivery Hero to about 36.83% and is said to be exploring a takeover, which may increase strategic optionality but also raises concerns about cash use, integration risk, and capital allocation. Uber raises Delivery Hero stake, increasing takeover odds
• Negative Sentiment: Reports that Uber exhausted its full-year 2026 AI budget early underscore rising cost pressure in technology spending, which could weigh on margins if AI investment continues to escalate. Token Shock Hits Silicon Valley’s Biggest Spenders

Insider Buying and Selling

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies 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 completion of the sale, the senior vice president directly owned 460,756 shares of the company's stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.81% of the company's stock.

Uber Technologies Stock Down 0.9%

UBER stock opened at $70.30 on Friday. The stock has a market capitalization of $143.10 billion, a P/E ratio of 17.53, a PEG ratio of 5.99 and a beta of 1.16. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. Uber Technologies, Inc. has a one year low of $68.46 and a one year high of $101.99. The company has a 50 day moving average price of $73.71 and a two-hundred day moving average price of $78.53.

Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to analysts' expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. Uber Technologies's revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, sell-side analysts expect that Uber Technologies, Inc. will post 2.95 EPS for the current year.

Uber Technologies 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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