Bank of Jackson Hole Trust Acquires Shares of 7,509 Uber Technologies, Inc. (NYSE:UBER)

Bank of Jackson Hole Trust purchased a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,509 shares of the ride-sharing company's stock, valued at approximately $453,000.

Other institutional investors have also bought and sold shares of the company. CENTRAL TRUST Co lifted its stake in shares of Uber Technologies by 12.3% in the 3rd quarter. CENTRAL TRUST Co now owns 1,160 shares of the ride-sharing company's stock valued at $87,000 after acquiring an additional 127 shares during the last quarter. DT Investment Partners LLC raised its stake in shares of Uber Technologies by 21.4% in the third quarter. DT Investment Partners LLC now owns 821 shares of the ride-sharing company's stock worth $62,000 after purchasing an additional 145 shares during the last quarter. Jmac Enterprises LLC boosted its stake in shares of Uber Technologies by 2.1% in the 3rd quarter. Jmac Enterprises LLC now owns 7,340 shares of the ride-sharing company's stock worth $552,000 after buying an additional 150 shares during the last quarter. Canopy Partners LLC increased its holdings in Uber Technologies by 2.2% during the third quarter. Canopy Partners LLC now owns 6,958 shares of the ride-sharing company's stock valued at $523,000 after buying an additional 151 shares during the last quarter. Finally, Drive Wealth Management LLC raised its stake in shares of Uber Technologies by 3.1% in the fourth quarter. Drive Wealth Management LLC now owns 5,172 shares of the ride-sharing company's stock worth $312,000 after buying an additional 155 shares during the period. Hedge funds and other institutional investors own 80.24% of the company's stock.

Insider Activity

In related news, insider Jill Hazelbaker sold 27,780 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the sale, the insider now directly owns 107,289 shares of the company's stock, valued at $7,821,368.10. This trade represents a 20.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 3.84% of the company's stock.

Uber Technologies Trading Down 2.9 %

Shares of NYSE:UBER traded down $2.38 during midday trading on Friday, hitting $78.89. The company had a trading volume of 21,758,503 shares, compared to its average volume of 28,847,662. The stock has a market cap of $164.79 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 0.89 and a beta of 1.39. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. The firm has a fifty day simple moving average of $67.67 and a 200 day simple moving average of $71.11. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. On average, analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on UBER shares. Piper Sandler reaffirmed an "overweight" rating and issued a $87.00 target price (up from $80.00) on shares of Uber Technologies in a report on Tuesday. JMP Securities reissued a "market perform" rating on shares of Uber Technologies in a research report on Thursday, February 6th. Cantor Fitzgerald restated an "overweight" rating and set a $80.00 price objective on shares of Uber Technologies in a report on Thursday, February 6th. Wells Fargo & Company reduced their price target on shares of Uber Technologies from $90.00 to $87.00 and set an "overweight" rating for the company in a research report on Thursday, February 6th. Finally, Citizens Jmp lowered shares of Uber Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 2nd. Eight analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $90.91.

Uber Technologies Company Profile

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.