Kampmann Melissa S. Has $4.08 Million Stock Position in Uber Technologies, Inc. (NYSE:UBER)

Kampmann Melissa S. cut its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 8.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,635 shares of the ride-sharing company's stock after selling 6,625 shares during the period. Uber Technologies makes up approximately 3.2% of Kampmann Melissa S.'s investment portfolio, making the stock its 11th largest holding. Kampmann Melissa S.'s holdings in Uber Technologies were worth $4,080,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Prospera Financial Services Inc boosted its position in shares of Uber Technologies by 20.5% during the third quarter. Prospera Financial Services Inc now owns 65,657 shares of the ride-sharing company's stock worth $4,935,000 after purchasing an additional 11,186 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in Uber Technologies during the third quarter worth about $8,812,000. PNC Financial Services Group Inc. lifted its holdings in Uber Technologies by 26.7% during the third quarter. PNC Financial Services Group Inc. now owns 326,829 shares of the ride-sharing company's stock worth $24,564,000 after acquiring an additional 68,833 shares in the last quarter. West Family Investments Inc. grew its stake in Uber Technologies by 42.0% in the third quarter. West Family Investments Inc. now owns 5,792 shares of the ride-sharing company's stock valued at $435,000 after acquiring an additional 1,714 shares during the period. Finally, Prospera Private Wealth LLC increased its holdings in shares of Uber Technologies by 371.0% in the third quarter. Prospera Private Wealth LLC now owns 16,235 shares of the ride-sharing company's stock worth $1,220,000 after acquiring an additional 12,788 shares in the last quarter. Institutional investors own 80.24% of the company's stock.

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Insiders Place Their Bets

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 20,000 shares of the stock in a transaction 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 transaction, the senior vice president now owns 361,908 shares in the company, valued at $25,901,755.56. This trade represents a 5.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jill Hazelbaker sold 31,000 shares of Uber Technologies stock in a transaction 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 sale, the insider now directly owns 86,973 shares of the company's stock, valued at $7,046,552.46. This represents a 26.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 74,404 shares of company stock worth $5,587,619 over the last three months. Insiders own 3.84% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on UBER. Wells Fargo & Company decreased their price objective on Uber Technologies from $90.00 to $87.00 and set an "overweight" rating for the company in a research report on Thursday, February 6th. DA Davidson reduced their price target on shares of Uber Technologies from $84.00 to $80.00 and set a "buy" rating for the company in a report on Thursday, February 6th. Citizens Jmp downgraded shares of Uber Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 2nd. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $96.00 price objective on shares of Uber Technologies in a research report on Thursday, January 2nd. Finally, Tigress Financial increased their target price on Uber Technologies from $96.00 to $103.00 and gave the stock a "buy" rating in a report on Monday, November 25th. Ten analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $90.31.

Uber Technologies Stock Performance

Uber Technologies stock traded up $1.59 during mid-day trading on Friday, hitting $75.94. 26,538,897 shares of the company's stock traded hands, compared to its average volume of 19,658,376. 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 firm has a 50 day simple moving average of $72.64 and a two-hundred day simple moving average of $71.59. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The stock has a market cap of $158.65 billion, a price-to-earnings ratio of 16.65, a P/E/G ratio of 0.89 and a beta of 1.39.

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 for the quarter, beating 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 expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal 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.