Uber Technologies, Inc. (NYSE:UBER) Stock Position Decreased by DRW Securities LLC

DRW Securities LLC decreased its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 56.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,585 shares of the ride-sharing company's stock after selling 11,117 shares during the period. DRW Securities LLC's holdings in Uber Technologies were worth $518,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ELCO Management Co. LLC lifted its holdings in shares of Uber Technologies by 162.6% during the 4th quarter. ELCO Management Co. LLC now owns 17,487 shares of the ride-sharing company's stock worth $1,055,000 after acquiring an additional 10,827 shares during the period. APG Asset Management N.V. acquired a new stake in shares of Uber Technologies in the 4th quarter valued at $84,687,000. Nixon Capital LLC increased its stake in shares of Uber Technologies by 4.8% in the 4th quarter. Nixon Capital LLC now owns 359,304 shares of the ride-sharing company's stock valued at $21,673,000 after purchasing an additional 16,456 shares during the last quarter. Bernard Wealth Management Corp. acquired a new position in shares of Uber Technologies during the 4th quarter worth $1,148,000. Finally, Abacus FCF Advisors LLC acquired a new stake in Uber Technologies in the fourth quarter valued at about $8,464,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Stock Up 0.6 %

Shares of UBER stock traded up $0.41 during trading on Monday, reaching $72.69. The company's stock had a trading volume of 4,367,436 shares, compared to its average volume of 20,317,364. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The stock's 50-day moving average price is $73.94 and its 200 day moving average price is $71.44. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. The company has a market capitalization of $152.05 billion, a price-to-earnings ratio of 15.94, a P/E/G ratio of 0.89 and a beta of 1.37.

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Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data 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, research analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analyst Upgrades and Downgrades

UBER has been the topic of a number of research analyst reports. The Goldman Sachs Group restated a "buy" rating and issued a $96.00 price target on shares of Uber Technologies in a research note on Thursday, January 2nd. TD Cowen lowered their target price on Uber Technologies from $90.00 to $88.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. KGI Securities reaffirmed a "neutral" rating and issued a $78.00 price objective on shares of Uber Technologies in a research note on Tuesday, March 11th. Arete Research upgraded shares of Uber Technologies to a "hold" rating in a report on Tuesday, February 18th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $82.00 target price on shares of Uber Technologies in a research report on Thursday, February 6th. Ten research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $89.97.

Insider Activity

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the completion of the sale, the insider now directly owns 86,973 shares in the company, valued at $7,046,552.46. The trade was a 26.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Tony West sold 23,404 shares of the company's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the completion of the transaction, 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 disclosure for this sale can be found here. Insiders sold a total of 77,154 shares of company stock worth $5,793,869 over the last 90 days. 3.84% of the stock is currently owned by corporate insiders.

About Uber Technologies

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.