Menora Mivtachim Holdings LTD. Trims Stock Position in Uber Technologies, Inc. (NYSE:UBER)

Menora Mivtachim Holdings LTD. reduced its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 13.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,666,383 shares of the ride-sharing company's stock after selling 248,480 shares during the period. Menora Mivtachim Holdings LTD. owned about 0.08% of Uber Technologies worth $100,516,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of UBER. Polianta Ltd purchased a new stake in shares of Uber Technologies during the 4th quarter worth approximately $1,206,000. Allworth Financial LP lifted its position in Uber Technologies by 8.9% in the fourth quarter. Allworth Financial LP now owns 20,381 shares of the ride-sharing company's stock valued at $1,229,000 after acquiring an additional 1,663 shares during the last quarter. Lecap Asset Management Ltd. acquired a new position in Uber Technologies in the fourth quarter valued at $3,188,000. Mirador Capital Partners LP grew its holdings in shares of Uber Technologies by 40.4% during the fourth quarter. Mirador Capital Partners LP now owns 85,214 shares of the ride-sharing company's stock worth $5,140,000 after purchasing an additional 24,520 shares during the last quarter. Finally, Tri Ri Asset Management Corp acquired a new stake in shares of Uber Technologies during the third quarter worth about $8,243,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Price Performance

NYSE UBER traded up $0.97 during trading hours on Tuesday, reaching $74.07. The company's stock had a trading volume of 13,754,270 shares, compared to its average volume of 20,339,184. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07. The stock has a market cap of $154.94 billion, a PE ratio of 16.24, a PEG ratio of 0.89 and a beta of 1.37. The company's 50-day moving average is $74.19 and its two-hundred day moving average is $71.44. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00.

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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, 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%. Analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on UBER shares. Royal Bank of Canada reissued an "outperform" rating and issued a $82.00 target price on shares of Uber Technologies in a research report on Thursday, February 6th. JMP Securities restated a "market perform" rating on shares of Uber Technologies in a research report on Thursday, February 6th. Citizens Jmp cut shares of Uber Technologies from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 2nd. Cantor Fitzgerald reiterated an "overweight" rating and set a $80.00 price target on shares of Uber Technologies in a research note on Thursday, February 6th. Finally, TD Cowen dropped their price objective on shares of Uber Technologies from $90.00 to $88.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Ten research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $89.81.

Insiders Place Their Bets

In other Uber Technologies news, insider Tony West sold 23,404 shares of the firm's stock in a transaction dated 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 sale, the insider now directly owns 114,241 shares of the company's stock, valued at $8,027,715.07. This trade represents a 17.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the business'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 transaction of $206,250.00. Following the completion of the transaction, the chief financial officer now directly owns 22,162 shares of the company's stock, valued at approximately $1,662,150. This represents a 11.04 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 77,154 shares of company stock valued at $5,793,869. Corporate insiders own 3.84% of the company's stock.

Uber Technologies Company 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.