Level Four Advisory Services LLC Has $10.74 Million Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Level Four Advisory Services LLC raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 7.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 177,983 shares of the ride-sharing company's stock after purchasing an additional 12,625 shares during the quarter. Level Four Advisory Services LLC's holdings in Uber Technologies were worth $10,736,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in UBER. Vanguard Group Inc. lifted its position in Uber Technologies by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 180,766,683 shares of the ride-sharing company's stock valued at $10,903,846,000 after purchasing an additional 2,364,525 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Uber Technologies by 2.1% during the third quarter. Geode Capital Management LLC now owns 42,500,359 shares of the ride-sharing company's stock valued at $3,184,013,000 after purchasing an additional 893,652 shares in the last quarter. Jennison Associates LLC grew its stake in shares of Uber Technologies by 36.9% in the 4th quarter. Jennison Associates LLC now owns 26,460,312 shares of the ride-sharing company's stock worth $1,596,086,000 after buying an additional 7,137,512 shares during the last quarter. Norges Bank purchased a new position in Uber Technologies in the 4th quarter worth approximately $1,467,754,000. Finally, Janus Henderson Group PLC raised its holdings in shares of Uber Technologies by 18.3% during the third quarter. Janus Henderson Group PLC now owns 13,286,812 shares of the ride-sharing company's stock valued at $998,767,000 after purchasing an additional 2,056,273 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company's stock.

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Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 31,000 shares of the 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 completion of the transaction, the insider now owns 86,973 shares in the company, valued at $7,046,552.46. This trade represents a 26.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Nikki Krishnamurthy sold 20,000 shares of the company's stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $71.57, for a total transaction of $1,431,400.00. Following the sale, the senior vice president now directly owns 361,908 shares of the company's stock, valued at $25,901,755.56. This represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 77,154 shares of company stock worth $5,793,869. Corporate insiders own 3.84% of the company's stock.

Uber Technologies Price Performance

Shares of Uber Technologies stock traded down $2.15 on Friday, hitting $72.71. The company had a trading volume of 11,255,568 shares, compared to its average volume of 20,097,389. The company has a market cap of $152.09 billion, a PE ratio of 15.94, a PEG ratio of 0.89 and a beta of 1.39. 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 52 week low of $54.84 and a 52 week high of $87.00. The business has a 50-day simple moving average of $73.44 and a 200-day simple moving average of $71.75.

Uber Technologies (NYSE:UBER - Get Free Report) last announced 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 return on equity of 62.60% and a net margin of 22.41%. Research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Benchmark reissued a "hold" rating on shares of Uber Technologies in a report on Friday, January 31st. The Goldman Sachs Group reaffirmed a "buy" rating and set a $96.00 target price on shares of Uber Technologies in a research report on Thursday, January 2nd. Citigroup reduced their price target on Uber Technologies from $98.00 to $92.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Wolfe Research raised their target price on shares of Uber Technologies from $90.00 to $92.00 and gave the company an "outperform" rating in a research note on Friday, January 3rd. Finally, Cantor Fitzgerald reiterated an "overweight" rating and issued a $80.00 price target on shares of Uber Technologies in a research note on Thursday, February 6th. Ten analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $90.31.

About Uber Technologies

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.