25,000 Shares in Uber Technologies, Inc. (NYSE:UBER) Purchased by DCF Advisers LLC

DCF Advisers LLC acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 25,000 shares of the ride-sharing company's stock, valued at approximately $1,508,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Avion Wealth boosted its holdings in Uber Technologies by 96.0% in the fourth quarter. Avion Wealth now owns 445 shares of the ride-sharing company's stock worth $26,000 after acquiring an additional 218 shares in the last quarter. GHP Investment Advisors Inc. boosted its stake in Uber Technologies by 85.1% in the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company's stock worth $29,000 after purchasing an additional 223 shares in the last quarter. Kieckhefer Group LLC purchased a new stake in Uber Technologies during the 4th quarter worth approximately $33,000. Retirement Wealth Solutions LLC acquired a new position in Uber Technologies during the 4th quarter valued at approximately $35,000. Finally, Fairfield Financial Advisors LTD raised its holdings in shares of Uber Technologies by 34.0% in the fourth quarter. Fairfield Financial Advisors LTD now owns 670 shares of the ride-sharing company's stock worth $40,000 after buying an additional 170 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company's stock.

Uber Technologies Price Performance

Uber Technologies stock traded down $0.92 during midday trading on Tuesday, reaching $75.59. The company had a trading volume of 16,054,128 shares, compared to its average volume of 19,651,368. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. Uber Technologies, Inc. has a 12-month low of $54.84 and a 12-month high of $87.00. The company has a market capitalization of $157.91 billion, a P/E ratio of 16.58, a P/E/G ratio of 0.89 and a beta of 1.39. The firm's fifty day simple moving average is $72.85 and its 200-day simple moving average is $71.63.

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on UBER shares. Arete Research raised shares of Uber Technologies to a "hold" rating in a report on Tuesday, February 18th. KGI Securities reiterated a "neutral" rating and set a $78.00 price target on shares of Uber Technologies in a research note on Tuesday, March 11th. DA Davidson reduced their price objective on Uber Technologies from $84.00 to $80.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. Piper Sandler reiterated an "overweight" rating and issued a $87.00 target price (up previously from $80.00) on shares of Uber Technologies in a research report on Tuesday, February 18th. Finally, Tigress Financial raised their price target on shares of Uber Technologies from $96.00 to $103.00 and gave the stock a "buy" rating in a research report on Monday, November 25th. Ten research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $90.31.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $75.00, for a total value of $206,250.00. Following the completion of the sale, the chief financial officer now owns 22,162 shares in the company, valued at approximately $1,662,150. This represents a 11.04 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Nikki Krishnamurthy sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $71.57, for a total transaction of $1,431,400.00. Following the completion of the transaction, the senior vice president now directly owns 361,908 shares in the company, valued at $25,901,755.56. This trade represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 77,154 shares of company stock worth $5,793,869. Corporate insiders own 3.84% of the company's stock.

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.