Aware Super Pty Ltd as trustee of Aware Super Invests $11.47 Million in Uber Technologies, Inc. (NYSE:UBER)

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 190,209 shares of the ride-sharing company's stock, valued at approximately $11,473,000.

Several other institutional investors also recently added to or reduced their stakes in UBER. M&T Bank Corp increased its position in Uber Technologies by 4.8% in the 3rd quarter. M&T Bank Corp now owns 175,104 shares of the ride-sharing company's stock valued at $13,161,000 after acquiring an additional 7,968 shares during the period. Invst LLC grew its stake in shares of Uber Technologies by 5.0% in the 3rd quarter. Invst LLC now owns 4,108 shares of the ride-sharing company's stock valued at $309,000 after purchasing an additional 197 shares during the last quarter. Advisory Resource Group grew its stake in shares of Uber Technologies by 1.6% in the 3rd quarter. Advisory Resource Group now owns 13,993 shares of the ride-sharing company's stock valued at $1,052,000 after purchasing an additional 222 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Uber Technologies in the third quarter valued at approximately $1,328,000. Finally, SkyView Investment Advisors LLC raised its stake in shares of Uber Technologies by 3.0% during the third quarter. SkyView Investment Advisors LLC now owns 30,280 shares of the ride-sharing company's stock worth $2,276,000 after purchasing an additional 875 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Trading Up 1.3 %

Uber Technologies stock traded up $0.97 during trading on Tuesday, hitting $74.07. The company's stock had a trading volume of 13,754,270 shares, compared to its average volume of 20,339,105. The stock's fifty day moving average is $74.19 and its 200 day moving average is $71.44. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The stock has a market capitalization of $154.94 billion, a price-to-earnings ratio of 16.24, a P/E/G ratio of 0.89 and a beta of 1.37. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07.

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Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 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%. As a group, equities research analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analysts Set New Price Targets

UBER has been the topic of a number of analyst reports. Wells Fargo & Company lifted their price objective on shares of Uber Technologies from $87.00 to $90.00 and gave the company an "overweight" rating in a research report on Thursday, April 3rd. Evercore ISI lowered their target price on shares of Uber Technologies from $120.00 to $115.00 and set an "outperform" rating on the stock in a report on Thursday, February 6th. Benchmark reissued a "hold" rating on shares of Uber Technologies in a report on Friday, January 31st. Cantor Fitzgerald restated an "overweight" rating and issued a $80.00 price objective on shares of Uber Technologies in a research report on Thursday, February 6th. Finally, KGI Securities reiterated a "neutral" rating and set a $78.00 target price on shares of Uber Technologies in a research report on Tuesday, March 11th. Ten equities research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Uber Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $89.81.

Insiders Place Their Bets

In related news, SVP Nikki Krishnamurthy sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $71.57, for a total value of $1,431,400.00. Following the transaction, the senior vice president now owns 361,908 shares in the company, valued at approximately $25,901,755.56. This trade represents a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the business's stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $75.00, for a total transaction of $206,250.00. Following the sale, the chief financial officer now owns 22,162 shares of the company's stock, valued at approximately $1,662,150. This represents a 11.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 77,154 shares of company stock valued at $5,793,869 over the last quarter. Company insiders own 3.84% of the company's stock.

Uber Technologies 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.