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

by · The Cerbat Gem

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

A number of other hedge funds also recently made changes to their positions in the stock. Transcendent Capital Group LLC acquired a new position in shares of Uber Technologies during the 3rd quarter valued at $1,859,000. Mawer Investment Management Ltd. acquired a new position in shares of Uber Technologies during the 3rd quarter valued at $74,107,000. Rhumbline Advisers lifted its holdings in shares of Uber Technologies by 1.1% during the 3rd quarter. Rhumbline Advisers now owns 3,730,516 shares of the ride-sharing company’s stock valued at $365,479,000 after acquiring an additional 42,278 shares in the last quarter. Longbow Finance SA lifted its holdings in shares of Uber Technologies by 51.8% during the 3rd quarter. Longbow Finance SA now owns 112,287 shares of the ride-sharing company’s stock valued at $11,001,000 after acquiring an additional 38,304 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after acquiring an additional 1,670,761 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

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Analysts Set New Price Targets

UBER has been the topic of several recent research reports. Royal Bank Of Canada initiated coverage on shares of Uber Technologies in a report on Monday, May 11th. They set an “outperform” rating on the stock. JPMorgan Chase & Co. lifted their target price on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Truist Financial boosted their price objective on shares of Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. BNP Paribas Exane lowered shares of Uber Technologies to an “underweight” rating in a report on Monday, May 11th. Finally, Weiss Ratings upgraded shares of Uber Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $104.68.

Check Out Our Latest Stock Report on Uber Technologies

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction dated 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 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.81% of the company’s stock.

Uber Technologies Stock Performance

Shares of UBER stock opened at $70.30 on Friday. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $143.10 billion, a P/E ratio of 17.53, a P/E/G ratio of 5.99 and a beta of 1.16. The company’s fifty day moving average price is $73.71 and its two-hundred day moving average price is $78.53.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. During the same quarter in the previous year, the business posted $0.83 EPS. The firm’s revenue was up 14.5% compared to the same quarter last year. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, research analysts anticipate that Uber Technologies, Inc. will post 2.95 earnings per share for the current fiscal year.

Uber Technologies Company Profile

(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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