Uber Technologies, Inc. (NYSE:UBER) Shares Sold by Legacy Trust

Legacy Trust lessened its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 20.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,792 shares of the ride-sharing company's stock after selling 9,470 shares during the quarter. Legacy Trust's holdings in Uber Technologies were worth $2,219,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in UBER. Financial Management Professionals Inc. lifted its holdings in shares of Uber Technologies by 104.1% during the third quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company's stock valued at $37,000 after purchasing an additional 252 shares in the last quarter. Retirement Wealth Solutions LLC bought a new position in Uber Technologies during the 4th quarter valued at about $35,000. Kieckhefer Group LLC bought a new stake in shares of Uber Technologies in the fourth quarter worth approximately $33,000. Transcendent Capital Group LLC raised its holdings in shares of Uber Technologies by 3,928.6% during the third quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company's stock valued at $42,000 after purchasing an additional 550 shares during the last quarter. Finally, Fortitude Family Office LLC lifted its position in Uber Technologies by 84.7% during the third quarter. Fortitude Family Office LLC now owns 602 shares of the ride-sharing company's stock valued at $45,000 after purchasing an additional 276 shares during the period. Hedge funds and other institutional investors own 80.24% of the company's stock.

Insider Buying and Selling

In other news, insider Jill Hazelbaker sold 27,780 shares of the business's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the completion of the transaction, the insider now directly owns 107,289 shares of the company's stock, valued at approximately $7,821,368.10. The trade was a 20.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 3.84% of the stock is owned by insiders.

Uber Technologies Trading Down 0.2 %

Shares of UBER traded down $0.17 during mid-day trading on Thursday, reaching $66.59. 33,142,089 shares of the company's stock traded hands, compared to its average volume of 25,498,166. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.41 and a quick ratio of 1.41. The stock's 50-day moving average is $65.77 and its two-hundred day moving average is $70.17. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00. The stock has a market cap of $140.21 billion, a P/E ratio of 33.13, a P/E/G ratio of 0.77 and a beta of 1.36.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.79. The firm had revenue of $11.19 billion during the quarter, compared to analyst estimates of $10.99 billion. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. Uber Technologies's quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 earnings per share. Research analysts forecast that Uber Technologies, Inc. will post 1.86 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

UBER has been the topic of several research analyst reports. Needham & Company LLC reissued a "buy" rating and set a $90.00 price target on shares of Uber Technologies in a report on Monday. DA Davidson increased their target price on Uber Technologies from $82.00 to $84.00 and gave the company a "buy" rating in a report on Wednesday, November 6th. Daiwa America lowered shares of Uber Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 17th. Loop Capital raised their price objective on shares of Uber Technologies from $84.00 to $86.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $96.00 target price on shares of Uber Technologies in a report on Thursday, January 2nd. Seven equities research analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $91.08.

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.