Landscape Capital Management L.L.C. Grows Holdings in Uber Technologies, Inc. (NYSE:UBER)

Landscape Capital Management L.L.C. lifted its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 68.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 54,461 shares of the ride-sharing company's stock after purchasing an additional 22,037 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in Uber Technologies were worth $3,285,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Edgestream Partners L.P. acquired a new position in Uber Technologies during the third quarter worth $760,000. Benjamin Edwards Inc. increased its position in shares of Uber Technologies by 4,968.4% in the third quarter. Benjamin Edwards Inc. now owns 37,506 shares of the ride-sharing company's stock valued at $2,819,000 after buying an additional 36,766 shares in the last quarter. IHT Wealth Management LLC increased its position in shares of Uber Technologies by 29.4% in the third quarter. IHT Wealth Management LLC now owns 32,849 shares of the ride-sharing company's stock valued at $2,461,000 after buying an additional 7,467 shares in the last quarter. Royal London Asset Management Ltd. boosted its position in shares of Uber Technologies by 3.8% in the 3rd quarter. Royal London Asset Management Ltd. now owns 845,785 shares of the ride-sharing company's stock worth $63,569,000 after buying an additional 31,242 shares in the last quarter. Finally, RBF Capital LLC boosted its position in shares of Uber Technologies by 61.7% in the 3rd quarter. RBF Capital LLC now owns 256,900 shares of the ride-sharing company's stock worth $19,287,000 after buying an additional 98,000 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company's stock.

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Insider Transactions at Uber Technologies

In other news, insider Jill Hazelbaker sold 31,000 shares of the business's stock in a transaction 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 transaction, the insider now directly 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $75.00, for a total transaction of $206,250.00. Following the sale, the chief financial officer now directly owns 22,162 shares of the company's stock, valued at approximately $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 sold 77,154 shares of company stock valued at $5,793,869 over the last quarter. Company insiders own 3.84% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on UBER shares. Truist Financial lifted their target price on shares of Uber Technologies from $90.00 to $92.00 and gave the stock a "buy" rating in a research report on Thursday, March 6th. Wells Fargo & Company lifted their price objective on Uber Technologies from $87.00 to $90.00 and gave the stock an "overweight" rating in a research report on Thursday. UBS Group reaffirmed a "buy" rating on shares of Uber Technologies in a research note on Friday, February 21st. KGI Securities reissued a "neutral" rating and set a $78.00 price target on shares of Uber Technologies in a research report on Tuesday, March 11th. Finally, Citizens Jmp downgraded Uber Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 2nd. Ten investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $90.41.

Uber Technologies Trading Down 7.7 %

UBER stock traded down $5.35 during midday trading on Friday, reaching $64.50. 34,874,753 shares of the company's stock traded hands, compared to its average volume of 20,180,043. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The business has a 50-day moving average price of $73.75 and a two-hundred day moving average price of $71.76. The company has a market capitalization of $134.92 billion, a P/E ratio of 14.14, a PEG ratio of 0.89 and a beta of 1.37.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly 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 net margin of 22.41% and a return on equity of 62.60%. Equities research analysts forecast 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.