Uber Technologies, Inc. (NYSE:UBER - Get Free Report) CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm's stock in a transaction that occurred on Tuesday, February 24th. The shares were purchased at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the acquisition, the chief financial officer owned 28,742 shares of the company's stock, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Uber Technologies Trading Up 0.9%
UBER opened at $71.34 on Wednesday. The firm's fifty day moving average is $79.37 and its two-hundred day moving average is $88.22. The firm has a market cap of $146.83 billion, a PE ratio of 15.15, a price-to-earnings-growth ratio of 6.48 and a beta of 1.21. Uber Technologies, Inc. has a twelve month low of $60.63 and a twelve month high of $101.99. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14.
Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 EPS for the quarter, missing analysts' consensus estimates of $0.79 by ($0.08). The firm had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. Uber Technologies had a net margin of 19.33% and a return on equity of 43.63%. Uber Technologies's quarterly revenue was up 20.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.21 EPS. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current year.
Analyst Ratings Changes
Several brokerages recently issued reports on UBER. The Goldman Sachs Group set a $125.00 price objective on Uber Technologies in a research report on Wednesday, February 4th. Needham & Company LLC restated a "buy" rating and set a $109.00 price objective on shares of Uber Technologies in a report on Tuesday, February 3rd. Wells Fargo & Company reduced their target price on shares of Uber Technologies from $122.00 to $100.00 and set an "overweight" rating for the company in a research note on Thursday, February 5th. Erste Group Bank cut Uber Technologies from a "buy" rating to a "hold" rating in a report on Friday, December 5th. Finally, Truist Financial set a $108.00 price target on Uber Technologies in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $104.53.
Check Out Our Latest Analysis on UBER
Hedge Funds Weigh In On Uber Technologies
Hedge funds have recently modified their holdings of the stock. SG Trading Solutions LLC bought a new position in Uber Technologies in the fourth quarter valued at approximately $794,000. Stone Wealth Partners bought a new stake in shares of Uber Technologies during the 4th quarter worth approximately $267,000. Floyd Financial Group LLC boosted its holdings in shares of Uber Technologies by 4.0% in the 4th quarter. Floyd Financial Group LLC now owns 20,687 shares of the ride-sharing company's stock valued at $1,690,000 after buying an additional 801 shares during the last quarter. Drake & Associates LLC grew its stake in shares of Uber Technologies by 5.8% in the fourth quarter. Drake & Associates LLC now owns 12,336 shares of the ride-sharing company's stock valued at $1,008,000 after buying an additional 678 shares in the last quarter. Finally, Sonoma Allocations LLC grew its stake in shares of Uber Technologies by 36.4% in the fourth quarter. Sonoma Allocations LLC now owns 8,695 shares of the ride-sharing company's stock valued at $704,000 after buying an additional 2,320 shares in the last quarter. Institutional investors own 80.24% of the company's stock.
More Uber Technologies News
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Uber Technologies Company Profile
(
Get Free Report)
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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