Intermede Investment Partners Ltd Cuts Position in Uber Technologies, Inc. $UBER
by Jessica Moore · The Cerbat GemIntermede Investment Partners Ltd decreased its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 922,397 shares of the ride-sharing company’s stock after selling 46,057 shares during the period. Uber Technologies makes up about 3.1% of Intermede Investment Partners Ltd’s investment portfolio, making the stock its 15th largest position. Intermede Investment Partners Ltd’s holdings in Uber Technologies were worth $75,369,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of UBER. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Uber Technologies by 129.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock valued at $776,883,000 after buying an additional 5,293,822 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Uber Technologies by 65.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,902,660 shares of the ride-sharing company’s stock valued at $400,596,000 after buying an additional 1,935,832 shares during the period. C WorldWide Group Holding A S purchased a new position in Uber Technologies in the third quarter valued at approximately $173,776,000. Vanguard Group Inc. raised its holdings in Uber Technologies by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after buying an additional 1,670,761 shares during the period. Finally, Danske Bank A S purchased a new position in Uber Technologies in the third quarter valued at approximately $151,979,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Insider Buying and Selling
In related news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the transaction, the chief financial officer owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the firm’s 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 sale, the senior vice president directly owned 460,756 shares of the company’s stock, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.81% of the stock is currently owned by company insiders.
Uber Technologies Stock Up 0.1%
Shares of NYSE:UBER opened at $71.87 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The company has a 50 day moving average of $74.14 and a two-hundred day moving average of $79.21. The company has a market capitalization of $146.31 billion, a price-to-earnings ratio of 17.92, a price-to-earnings-growth ratio of 6.11 and a beta of 1.16.
Uber Technologies (NYSE:UBER – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate 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 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. Uber Technologies’s revenue for the quarter was up 14.5% on a year-over-year basis. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, analysts forecast that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts recently commented on the stock. Raymond James Financial upgraded shares of Uber Technologies from an “outperform” rating to a “strong-buy” rating in a report on Monday, May 11th. Weiss Ratings lowered shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 13th. Citigroup restated a “buy” rating on shares of Uber Technologies in a report on Tuesday, March 17th. Morgan Stanley lowered their price objective on shares of Uber Technologies from $110.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Finally, BNP Paribas Exane downgraded shares of Uber Technologies to an “underweight” rating in a research report on Monday, May 11th. One 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $104.97.
Read Our Latest Analysis on Uber Technologies
Uber Technologies News Roundup
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber is reportedly considering a full acquisition of Delivery Hero, a move that could broaden its global food-delivery scale and improve its competitive position outside the U.S. Uber explores takeover of European food delivery rival Delivery Hero – Bloomberg
- Positive Sentiment: Analysts and media coverage also pointed to strong underlying business momentum, with Uber’s gross bookings still growing and its Q2 guidance implying continued demand in Mobility and Delivery. Sustained Gross Bookings Momentum Benefits Uber: What Lies Ahead?
- Positive Sentiment: Uber’s autonomous-vehicle strategy remains a key long-term catalyst, with Nvidia saying its partnership could help power robotaxi expansion across nearly 30 cities and four continents by 2028. Jensen Huang Says Nvidia Is Powering Uber’s Push Into Trillion-Dollar Self-Driving Opportunity Across 30 Cities
- Neutral Sentiment: Uber was also linked to broader commentary on its post-earnings outlook and autonomous push, but these pieces were more thematic than immediately stock-moving. What’s next for Uber after Q1 earnings and its aggressive autonomous push?
- Negative Sentiment: Investor caution increased because a takeover of Delivery Hero could require significant spending and may distract from Uber’s push for profitability and disciplined capital deployment. Uber considers full takeover of Delivery Hero in major expansion move: Report
- Negative Sentiment: Separate headlines about potential liability and insurance issues around Uber’s driver accidents added to regulatory and reputational concerns. Consumer Watchdog Report: Uber Plan To Limit Accident Liability Aims To Free Up Insurance Reserves
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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