Uber Technologies, Inc. (NYSE:UBER) Shares Acquired by DF Dent & Co. Inc.

DF Dent & Co. Inc. grew its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 22.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 508,095 shares of the ride-sharing company's stock after purchasing an additional 94,717 shares during the period. DF Dent & Co. Inc.'s holdings in Uber Technologies were worth $30,648,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Grant Private Wealth Management Inc purchased a new position in shares of Uber Technologies in the fourth quarter valued at $213,000. Motley Fool Asset Management LLC raised its position in Uber Technologies by 13.2% during the fourth quarter. Motley Fool Asset Management LLC now owns 95,698 shares of the ride-sharing company's stock worth $5,773,000 after acquiring an additional 11,155 shares during the last quarter. World Investment Advisors lifted its holdings in shares of Uber Technologies by 76.9% in the fourth quarter. World Investment Advisors now owns 20,824 shares of the ride-sharing company's stock valued at $1,256,000 after purchasing an additional 9,051 shares in the last quarter. Nicolet Advisory Services LLC grew its position in shares of Uber Technologies by 12.8% in the fourth quarter. Nicolet Advisory Services LLC now owns 6,385 shares of the ride-sharing company's stock valued at $421,000 after purchasing an additional 725 shares during the last quarter. Finally, Te Ahumairangi Investment Management Ltd purchased a new position in shares of Uber Technologies during the 4th quarter worth approximately $829,000. 80.24% of the stock is owned by institutional investors and hedge funds.

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Analyst Ratings Changes

UBER has been the topic of a number of analyst reports. Cantor Fitzgerald reiterated an "overweight" rating and set a $80.00 target price on shares of Uber Technologies in a report on Thursday, February 6th. Citizens Jmp cut Uber Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 2nd. Fox Advisors lowered shares of Uber Technologies from an "overweight" rating to an "equal weight" rating in a report on Tuesday, March 11th. Citigroup lowered their price target on shares of Uber Technologies from $98.00 to $92.00 and set a "buy" rating for the company in a report on Thursday, February 6th. Finally, DA Davidson lowered their target price on shares of Uber Technologies from $84.00 to $80.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. Ten equities research analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and an average price target of $90.41.

Uber Technologies Stock Down 6.2 %

Shares of NYSE:UBER traded down $4.62 during trading on Thursday, hitting $69.88. The company's stock had a trading volume of 23,256,579 shares, compared to its average volume of 20,109,335. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The stock's 50-day moving average price is $73.83 and its two-hundred day moving average price is $71.81. 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 capitalization of $146.17 billion, a PE ratio of 15.32, a PEG ratio of 0.89 and a beta of 1.39.

Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS 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, sell-side analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 20,000 shares of the company'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 sale, the senior vice president now owns 361,908 shares in the company, valued at $25,901,755.56. This represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Jill Hazelbaker sold 31,000 shares of Uber Technologies stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total value of $2,511,620.00. Following the completion of the transaction, the insider now owns 86,973 shares of the company's stock, valued at approximately $7,046,552.46. The trade was a 26.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 77,154 shares of company stock worth $5,793,869 in the last ninety days. 3.84% of the stock is owned by insiders.

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.