Uber Technologies stock is trading -11.11% below its average target price of $49.15 after marking a 5.9% change during today's afternoon session. Analysts are giving the large-cap Business Services company an average rating of buy and target prices ranging from $32.5 to $75.0 per share.
Uber Technologies's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.4%. The stock's short ratio is 1.53. The company's insiders own 0.18% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 75.4%. In conclusion, we believe there is mixed market sentiment regarding Uber Technologies.
Institutions Invested in Uber Technologies
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Morgan Stanley | 8% | 169,525,108 | $7,406,551,735 |
| 2023-03-31 | FMR, LLC | 7% | 134,375,074 | $5,870,846,798 |
| 2023-03-31 | Vanguard Group, Inc. (The) | 6% | 120,404,873 | $5,260,488,736 |
| 2023-03-31 | Blackrock Inc. | 4% | 88,534,308 | $3,868,063,794 |
| 2023-03-31 | JP Morgan Chase & Company | 4% | 83,318,202 | $3,640,172,130 |
| 2023-03-31 | Public Investment Fund | 4% | 72,840,541 | $3,182,403,136 |
| 2023-03-31 | Jennison Associates LLC | 2% | 46,082,453 | $2,013,342,308 |
| 2023-03-31 | Capital World Investors | 2% | 44,190,831 | $1,930,697,345 |
| 2023-03-31 | State Street Corporation | 2% | 39,280,086 | $1,716,146,903 |
| 2023-03-31 | Wellington Management Group, LLP | 1% | 28,689,443 | $1,253,441,725 |
