Villere ST Denis J & Co. LLC Trims Stake in Uber Technologies, Inc. $UBER

Key Points

• Villere ST Denis J & Co. LLC reduced its Uber position by 6.5% in the first quarter, selling 18,140 shares and leaving it with 262,818 shares valued at about $18.9 million.
• Uber’s latest quarter showed better-than-expected earnings, with EPS of $0.72 versus the $0.69 consensus, while revenue rose 14.5% year over year to $13.2 billion.
• Wall Street remains mostly constructive on the stock, with an average Moderate Buy rating and a $104.18 target price, even as some analysts trimmed targets or turned more cautious.

Villere ST Denis J & Co. LLC cut its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 6.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 262,818 shares of the ride-sharing company's stock after selling 18,140 shares during the period. Villere ST Denis J & Co. LLC's holdings in Uber Technologies were worth $18,904,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Summa Corp. raised its holdings in shares of Uber Technologies by 4.6% in the first quarter. Summa Corp. now owns 26,141 shares of the ride-sharing company's stock valued at $1,880,000 after acquiring an additional 1,141 shares in the last quarter. Fulcrum Capital LLC grew its holdings in Uber Technologies by 28.0% during the 1st quarter. Fulcrum Capital LLC now owns 98,972 shares of the ride-sharing company's stock worth $7,119,000 after acquiring an additional 21,638 shares in the last quarter. AlpenGlobal Capital LLC purchased a new position in Uber Technologies during the 1st quarter valued at about $1,539,000. Blodgett Wealth Advisors LLC raised its holdings in shares of Uber Technologies by 9.2% in the 1st quarter. Blodgett Wealth Advisors LLC now owns 25,080 shares of the ride-sharing company's stock valued at $1,804,000 after purchasing an additional 2,105 shares in the last quarter. Finally, Kornitzer Capital Management Inc. KS raised its holdings in shares of Uber Technologies by 1.7% in the 1st quarter. Kornitzer Capital Management Inc. KS now owns 133,131 shares of the ride-sharing company's stock valued at $9,576,000 after purchasing an additional 2,185 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Uber Technologies

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

• Positive Sentiment: Uber remains a heavily watched stock, with recent analyst coverage and price targets still broadly favorable, reinforcing the view that Wall Street sees room for upside. Article title
• Positive Sentiment: Investor interest is also supported by Uber’s recent operating strength, including revenue growth and earnings that beat expectations in the latest reported quarter. Article title
• Neutral Sentiment: Media coverage comparing Uber with DoorDash adds to the stock’s visibility, but the piece is mostly a valuation and business-model debate rather than a direct new catalyst. Article title
• Negative Sentiment: Uber is facing fresh scrutiny over automation and driver pay, including protests tied to AI-driven pay cuts and concerns that rapid tech adoption could hurt driver earnings and create regulatory or reputational risk. Article title
• Negative Sentiment: Discussion around Uber’s “agentic pods” and broader AI automation strategy highlights the company’s push to reduce costs, but it also reinforces investor worries that more automation could pressure the human-driver model. Article title

Uber Technologies Stock Up 0.3%

NYSE:UBER traded up $0.21 during mid-day trading on Friday, hitting $74.56. 9,748,548 shares of the company's stock traded hands, compared to its average volume of 19,835,724. The company has a fifty day moving average of $72.99 and a 200 day moving average of $75.42. 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 twelve month low of $67.19 and a twelve month high of $101.99. The company has a market capitalization of $151.77 billion, a P/E ratio of 18.59, a P/E/G ratio of 6.32 and a beta of 1.12.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. HSBC downgraded shares of Uber Technologies to a "reduce" rating in a research note on Monday, May 11th. Wells Fargo & Company cut their price target on Uber Technologies from $102.00 to $100.00 and set an "overweight" rating on the stock in a report on Monday, July 6th. The Goldman Sachs Group set a $100.00 price target on Uber Technologies in a research report on Monday, June 29th. Weiss Ratings upgraded Uber Technologies from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, June 29th. Finally, Wolfe Research set a $100.00 target price on shares of Uber Technologies in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $104.18.

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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