Uber Technologies, Inc. (NYSE:UBER) Shares Acquired by Aviva PLC

Aviva PLC increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 16.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,144,080 shares of the ride-sharing company's stock after purchasing an additional 161,688 shares during the period. Aviva PLC owned approximately 0.05% of Uber Technologies worth $69,011,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Quarry LP grew its stake in shares of Uber Technologies by 137.2% during the 3rd quarter. Quarry LP now owns 1,499 shares of the ride-sharing company's stock worth $113,000 after purchasing an additional 867 shares during the period. Weiss Asset Management LP purchased a new stake in Uber Technologies during the third quarter worth $6,586,000. Kovitz Investment Group Partners LLC grew its position in Uber Technologies by 28.4% during the third quarter. Kovitz Investment Group Partners LLC now owns 61,044 shares of the ride-sharing company's stock valued at $4,588,000 after buying an additional 13,517 shares during the period. EP Wealth Advisors LLC increased its holdings in Uber Technologies by 10.9% in the third quarter. EP Wealth Advisors LLC now owns 87,650 shares of the ride-sharing company's stock valued at $6,588,000 after buying an additional 8,580 shares in the last quarter. Finally, iA Global Asset Management Inc. raised its position in shares of Uber Technologies by 15.8% in the third quarter. iA Global Asset Management Inc. now owns 203,193 shares of the ride-sharing company's stock worth $15,272,000 after acquiring an additional 27,743 shares during the period. 80.24% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling at Uber Technologies

In related news, insider Tony West sold 23,404 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $70.27, for a total value of $1,644,599.08. Following the sale, the insider now owns 114,241 shares of the company's stock, valued at $8,027,715.07. This trade represents a 17.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jill Hazelbaker sold 31,000 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the transaction, the insider now owns 86,973 shares of the company's stock, valued at $7,046,552.46. This trade represents a 26.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 77,154 shares of company stock valued at $5,793,869 in the last 90 days. Company insiders own 3.84% of the company's stock.

Uber Technologies Trading Up 1.5 %

Shares of NYSE UBER traded up $0.98 during trading on Monday, reaching $65.60. The stock had a trading volume of 32,792,988 shares, compared to its average volume of 20,224,995. The business's 50-day moving average price is $73.75 and its 200-day moving average price is $71.74. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07. The company has a market cap of $137.21 billion, a P/E ratio of 14.38, a PEG ratio of 0.89 and a beta of 1.37.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, topping the consensus estimate 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, equities research analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UBER has been the topic of several research analyst reports. Evercore ISI dropped their price objective on Uber Technologies from $120.00 to $115.00 and set an "outperform" rating on the stock in a report on Thursday, February 6th. JMP Securities reiterated a "market perform" rating on shares of Uber Technologies in a research report on Thursday, February 6th. Benchmark restated a "hold" rating on shares of Uber Technologies in a research report on Friday, January 31st. UBS Group reiterated a "buy" rating on shares of Uber Technologies in a report on Friday, February 21st. Finally, Wolfe Research increased their target price on Uber Technologies from $90.00 to $92.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. Ten analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Uber Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $90.41.

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.