State of Alaska Department of Revenue Has $16.88 Million Holdings in Uber Technologies, Inc. $UBER

by · The Cerbat Gem

State of Alaska Department of Revenue reduced its position in Uber Technologies, Inc. (NYSE:UBERFree Report) by 7.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 206,603 shares of the ride-sharing company’s stock after selling 17,540 shares during the period. State of Alaska Department of Revenue’s holdings in Uber Technologies were worth $16,881,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in Uber Technologies in the 3rd quarter worth about $25,000. Westend Capital Management LLC acquired a new position in Uber Technologies in the 3rd quarter worth about $27,000. Total Investment Management Inc. acquired a new position in Uber Technologies in the 2nd quarter worth about $32,000. Imprint Wealth LLC acquired a new position in Uber Technologies in the 3rd quarter worth about $32,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in Uber Technologies in the 3rd quarter worth about $34,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Price Performance

Shares of UBER stock opened at $70.55 on Monday. The stock has a 50 day moving average of $73.35 and a two-hundred day moving average of $83.29. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99. The company has a market capitalization of $144.14 billion, a P/E ratio of 14.98, a P/E/G ratio of 6.42 and a beta of 1.21.

Uber Technologies (NYSE:UBERGet Free Report) last announced 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). Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The firm had revenue of $14.37 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter in the prior year, the business posted $3.21 EPS. Uber Technologies’s revenue was up 20.1% compared to the same quarter last year. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. As a group, equities analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on UBER shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $105.00 target price on shares of Uber Technologies in a research report on Thursday, February 5th. Mizuho lowered their price objective on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Melius Research set a $73.00 price objective on Uber Technologies in a report on Monday, January 5th. Stifel Nicolaus lowered their price objective on shares of Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Finally, Weiss Ratings downgraded shares of Uber Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, March 19th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $105.14.

Read Our Latest Stock Analysis on UBER

Insiders Place Their Bets

In other Uber Technologies news, insider Tony West sold 3,125 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the completion of the sale, the insider owned 176,584 shares in the company, valued at approximately $14,744,764. This trade represents a 1.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of Uber Technologies stock in a transaction on Tuesday, February 24th. The stock was purchased at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the transaction, the chief financial officer directly owned 28,742 shares in the company, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 3.81% of the company’s stock.

Uber Technologies News Roundup

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

About Uber Technologies

(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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