Mizuho Securities USA LLC Has $12.04 Million Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Mizuho Securities USA LLC grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 46.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 199,573 shares of the ride-sharing company's stock after purchasing an additional 63,338 shares during the period. Mizuho Securities USA LLC's holdings in Uber Technologies were worth $12,038,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Avion Wealth raised its position in shares of Uber Technologies by 96.0% during the fourth quarter. Avion Wealth now owns 445 shares of the ride-sharing company's stock worth $26,000 after purchasing an additional 218 shares during the period. GHP Investment Advisors Inc. increased its stake in Uber Technologies by 85.1% in the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company's stock worth $29,000 after purchasing an additional 223 shares in the last quarter. Kieckhefer Group LLC acquired a new stake in Uber Technologies during the 4th quarter worth about $33,000. Retirement Wealth Solutions LLC purchased a new stake in Uber Technologies during the fourth quarter valued at about $35,000. Finally, Fairfield Financial Advisors LTD boosted its holdings in shares of Uber Technologies by 34.0% in the fourth quarter. Fairfield Financial Advisors LTD now owns 670 shares of the ride-sharing company's stock worth $40,000 after buying an additional 170 shares during the period. Institutional investors and hedge funds own 80.24% of the company's stock.

Insider Activity at Uber Technologies

In other news, insider Tony West sold 23,404 shares of Uber Technologies stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the sale, the insider now owns 114,241 shares of the company's stock, valued at approximately $8,027,715.07. This trade represents a 17.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jill Hazelbaker sold 31,000 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total value of $2,511,620.00. Following the sale, the insider now owns 86,973 shares in the company, valued at approximately $7,046,552.46. This represents a 26.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 77,154 shares of company stock worth $5,793,869 in the last ninety days. 3.84% of the stock is currently owned by insiders.

Remove Ads

Uber Technologies Stock Performance

Shares of NYSE UBER traded down $1.28 during trading hours on Tuesday, hitting $75.23. 7,498,201 shares of the company's stock were exchanged, compared to its average volume of 19,651,368. The company's 50-day moving average price is $72.85 and its 200-day moving average price is $71.63. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The stock has a market capitalization of $157.16 billion, a price-to-earnings ratio of 16.55, 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 (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, topping 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%. On average, sell-side analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on UBER shares. UBS Group restated a "buy" rating on shares of Uber Technologies in a research report on Friday, February 21st. Needham & Company LLC restated a "buy" rating and issued a $90.00 target price on shares of Uber Technologies in a report on Wednesday, February 5th. DA Davidson decreased their target price on Uber Technologies from $84.00 to $80.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Evercore ISI dropped their price target on Uber Technologies from $120.00 to $115.00 and set an "outperform" rating on the stock in a research report on Thursday, February 6th. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $80.00 price objective on shares of Uber Technologies in a research note on Thursday, February 6th. Ten equities research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $90.31.

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.