<div id="readability-page-1"><p>Ilmarinen Mutual Pension Insurance Co lessened its stake in  Uber Technologies, Inc. (NYSE:UBER - Free Report) by 15.9% in the first quarter, according to its most recent 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 290,000 shares of the ride-sharing company's stock after selling 55,000 shares during the quarter. Ilmarinen Mutual Pension Insurance Co's holdings in Uber Technologies were worth $21,129,000 at the end of the most recent quarter.</p><ul><li>The Uber Eats Partnership Fueling Serve Robotics' Growth</li></ul><p>Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC grew its stake in  Uber Technologies by 3.4% in the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company's stock worth $4,491,000 after acquiring an additional 2,474 shares during the period.  Revolve Wealth Partners LLC lifted its holdings in shares of  Uber Technologies by 65.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company's stock valued at $939,000 after acquiring an additional 6,129 shares in the last quarter.  Bank Pictet &amp; Cie Europe AG purchased a new stake in  Uber Technologies during the 4th quarter worth $395,000.  Bison Wealth LLC increased its stake in  Uber Technologies by 20.3% during the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company's stock worth $229,000 after buying an additional 641 shares during the period.  Finally, Fiduciary Trust Co increased its stake in  Uber Technologies by 15.5% during the 4th quarter. Fiduciary Trust Co now owns 5,462 shares of the ride-sharing company's stock worth $329,000 after buying an additional 732 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds. </p><div><p><span></span><span>Get <strong>Uber Technologies</strong> alerts:</span></p></div><h2>Analyst Upgrades and Downgrades</h2><p>Several equities research analysts recently issued reports on the stock. BMO Capital Markets lifted their price target on shares of Uber Technologies from $101.00 to $113.00 and gave the stock an &#34;outperform&#34; rating in a research note on Thursday, August 7th. Wall Street Zen cut shares of Uber Technologies from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, August 9th. Cowen  reaffirmed a &#34;buy&#34; rating on shares of Uber Technologies in a research report on Thursday, August 7th. Loop Capital  reaffirmed a &#34;buy&#34; rating and set a $105.00 price target (up previously from $89.00) on shares of Uber Technologies in a research report on Wednesday, May 21st. Finally, JMP Securities  reaffirmed a &#34;market perform&#34; rating on shares of Uber Technologies in a research report on Thursday, May 15th. One research analyst  has rated the stock with a Strong Buy rating, twenty-nine have issued  a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $103.06.</p><ul><li>These 3 Chinese Stocks Could Be a Ticking Time Bomb of Growth</li></ul><p><b>Get Our Latest Analysis on UBER</b></p><h2>Uber Technologies Trading Up 1.1%</h2><p>Uber Technologies stock opened at $95.40 on Wednesday. The firm's 50-day moving average is $92.50 and its 200-day moving average is $84.24. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.11 and a current ratio of 1.11. Uber Technologies, Inc. has a 1 year low of $59.33 and a 1 year high of $97.71. The company has a market cap of $198.95 billion, a P/E ratio of 16.25, a PEG ratio of 1.08 and a beta of 1.43. </p><ul><li>Baidu Teams With Uber and Lyft on Robotaxis—Stock Upside Ahead?</li></ul><p>Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The ride-sharing company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.02. The firm had revenue of $12.65 billion for the quarter, compared to the consensus estimate of $12.45 billion. Uber Technologies had a net margin of 26.68% and a return on equity of 59.96%. Uber Technologies's quarterly revenue was up 18.2% compared to the same quarter last year. During the same period last year, the firm posted $0.47 EPS.  On average, equities analysts expect that  Uber Technologies, Inc. will post 2.54 earnings per share for the current year. </p><h2>Insider Activity</h2><p>In other Uber Technologies news, insider Tony West sold 3,125 shares of Uber Technologies stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $95.00, for a total value of $296,875.00. Following the completion of the sale, the insider directly owned 170,269 shares in the company, valued at $16,175,555. The trade was a 1.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, SVP Nikki Krishnamurthy sold 11,571 shares of Uber Technologies stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $91.74, for a total value of $1,061,523.54. Following the completion of the transaction, the senior vice president directly owned 416,222 shares in the company, valued at approximately $38,184,206.28. This represents a 2.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 48,696 shares of company stock valued at $4,632,774. 3.70% of the stock is owned by company insiders. </p><h2>Uber Technologies Profile</h2> (Free Report)<p>Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Uber Technologies</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>August's Most Upgraded: 3 Stocks With +20 Price Target Increases</li><li>Buy P&amp;G Now, Before It Sets A New All-Time High</li><li>Is Qualcomm Tesla’s Next Rival in Autonomous Driving?</li><li>Ride Out The Recession With These Dividend Kings </li><li>3 Under-the-Radar Biotechs Under $5 That Could Soar 200%</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVVCRVI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVVCRVI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Uber Technologies Right Now?</h2><p>Before you consider Uber Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Uber Technologies wasn't on the list.</p><p>While Uber Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

UBER

<p>Ilmarinen Mutual Pension Insurance Co reduced its stake in Uber Technologies, Inc. by 15.9% in Q1, owning 290,000 shares after selling 55,000 shares. Other investors, including Brighton Jones LLC and Revolve Wealth Partners LLC, also adjusted their holdings. Analysts have mixed ratings on Uber, with a price target increase from BMO Capital Markets to $113.00. Uber's stock opened at $95.40, with a market cap of $198.95 billion and a recent earnings report showing a profit of $0.63 per share, exceeding estimates.</p>

Ilmarinen Mutual Pension Insurance Co Lowers Position in Uber Technologies, Inc. $UBER