Headlands Technologies LLC Has $3.17 Million Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Headlands Technologies LLC boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 140.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,581 shares of the ride-sharing company's stock after buying an additional 30,756 shares during the period. Headlands Technologies LLC's holdings in Uber Technologies were worth $3,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Welch & Forbes LLC boosted its stake in Uber Technologies by 3.9% in the 4th quarter. Welch & Forbes LLC now owns 3,936 shares of the ride-sharing company's stock worth $237,000 after purchasing an additional 148 shares in the last quarter. Carlton Hofferkamp & Jenks Wealth Management LLC raised its stake in shares of Uber Technologies by 3.5% in the fourth quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 4,381 shares of the ride-sharing company's stock worth $282,000 after purchasing an additional 150 shares during the last quarter. Drive Wealth Management LLC boosted its holdings in Uber Technologies by 3.1% during the fourth quarter. Drive Wealth Management LLC now owns 5,172 shares of the ride-sharing company's stock worth $312,000 after buying an additional 155 shares in the last quarter. Institute for Wealth Management LLC. raised its position in shares of Uber Technologies by 2.4% in the fourth quarter. Institute for Wealth Management LLC. now owns 6,606 shares of the ride-sharing company's stock worth $398,000 after acquiring an additional 155 shares during the period. Finally, Fairfield Financial Advisors LTD boosted its stake in shares of Uber Technologies by 34.0% during the 4th quarter. Fairfield Financial Advisors LTD now owns 670 shares of the ride-sharing company's stock worth $40,000 after acquiring an additional 170 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

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Analyst Ratings Changes

A number of research firms recently weighed in on UBER. Wolfe Research upped their price target on Uber Technologies from $90.00 to $92.00 and gave the stock an "outperform" rating in a report on Friday, January 3rd. The Goldman Sachs Group restated a "buy" rating and issued a $96.00 price objective on shares of Uber Technologies in a research report on Thursday, January 2nd. DA Davidson dropped their price target on shares of Uber Technologies from $84.00 to $80.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. JPMorgan Chase & Co. reduced their price objective on Uber Technologies from $95.00 to $90.00 and set an "overweight" rating for the company in a research note on Thursday, February 6th. Finally, Citigroup dropped their target price on Uber Technologies from $98.00 to $92.00 and set a "buy" rating for the company in a report on Thursday, February 6th. Ten investment 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 stock. According to MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and an average target price of $90.41.

Insider Buying and Selling

In related news, insider Tony West sold 23,404 shares of the firm's stock in a transaction that occurred 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 transaction, the insider now owns 114,241 shares of the company's stock, valued at approximately $8,027,715.07. This trade represents a 17.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction that occurred on 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 transaction, the chief financial officer now directly owns 22,162 shares in the company, valued at $1,662,150. The trade was a 11.04 % decrease in their ownership of the stock. 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 three months. 3.84% of the stock is currently owned by insiders.

Uber Technologies Stock Performance

Shares of NYSE:UBER traded down $5.01 on Friday, hitting $64.84. The company's stock had a trading volume of 17,506,355 shares, compared to its average volume of 23,631,646. 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 $135.63 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The stock's 50-day moving average is $73.83 and its two-hundred day moving average 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.

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, topping analysts' consensus estimates of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. On average, equities research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current year.

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.