Edmond DE Rothschild Holding S.A. Has $5.35 Million Stake in Uber Technologies, Inc. (NYSE:UBER)

Edmond DE Rothschild Holding S.A. increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 113.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,690 shares of the ride-sharing company's stock after buying an additional 47,196 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in Uber Technologies were worth $5,350,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Glenmede Trust Co. NA boosted its holdings in Uber Technologies by 29.5% in the third quarter. Glenmede Trust Co. NA now owns 24,941 shares of the ride-sharing company's stock worth $1,875,000 after purchasing an additional 5,684 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in shares of Uber Technologies in the third quarter worth about $760,000. Kestra Investment Management LLC bought a new stake in shares of Uber Technologies during the 3rd quarter worth about $392,000. Benjamin Edwards Inc. increased its holdings in shares of Uber Technologies by 4,968.4% during the 3rd quarter. Benjamin Edwards Inc. now owns 37,506 shares of the ride-sharing company's stock valued at $2,819,000 after acquiring an additional 36,766 shares during the last quarter. Finally, Ascent Group LLC raised its stake in shares of Uber Technologies by 5.1% in the 3rd quarter. Ascent Group LLC now owns 21,702 shares of the ride-sharing company's stock valued at $1,631,000 after acquiring an additional 1,048 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

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Uber Technologies Trading Up 0.2 %

UBER stock traded up $0.17 during trading on Tuesday, hitting $73.03. The company had a trading volume of 16,868,970 shares, compared to its average volume of 20,099,981. The stock has a market cap of $152.77 billion, a price-to-earnings ratio of 16.02, a PEG ratio of 0.89 and a beta of 1.39. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $73.66 and a 200-day moving average price of $71.80. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00.

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on UBER shares. KGI Securities restated a "neutral" rating and set a $78.00 price target on shares of Uber Technologies in a report on Tuesday, March 11th. Royal Bank of Canada restated an "outperform" rating and set a $82.00 target price on shares of Uber Technologies in a research note on Thursday, February 6th. JPMorgan Chase & Co. lowered their target price on Uber Technologies from $95.00 to $90.00 and set an "overweight" rating on the stock in a report on Thursday, February 6th. Fox Advisors lowered Uber Technologies from an "overweight" rating to an "equal weight" rating in a report on Tuesday, March 11th. Finally, Citizens Jmp downgraded shares of Uber Technologies from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 2nd. Ten analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Uber Technologies has an average rating of "Moderate Buy" and a consensus target price of $90.31.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 31,000 shares of the company's stock in a transaction dated 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 sale, the insider now owns 86,973 shares in the company, valued at approximately $7,046,552.46. This represents a 26.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Tony West sold 23,404 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $70.27, for a total value of $1,644,599.08. Following the transaction, the insider now owns 114,241 shares in the company, valued at approximately $8,027,715.07. This trade represents a 17.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 77,154 shares of company stock worth $5,793,869 in the last quarter. 3.84% of the stock is owned by company 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.