Motley Fool Asset Management LLC Buys 11,155 Shares of Uber Technologies, Inc. (NYSE:UBER)

Motley Fool Asset Management LLC boosted its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 13.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 95,698 shares of the ride-sharing company's stock after acquiring an additional 11,155 shares during the period. Motley Fool Asset Management LLC's holdings in Uber Technologies were worth $5,773,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Edgestream Partners L.P. acquired a new position in shares of Uber Technologies in the 3rd quarter valued at $760,000. Benjamin Edwards Inc. increased its position in shares of Uber Technologies by 4,968.4% during the third quarter. Benjamin Edwards Inc. now owns 37,506 shares of the ride-sharing company's stock worth $2,819,000 after purchasing an additional 36,766 shares in the last quarter. Hilltop Holdings Inc. lifted its holdings in shares of Uber Technologies by 380.2% in the 3rd quarter. Hilltop Holdings Inc. now owns 28,339 shares of the ride-sharing company's stock valued at $2,130,000 after purchasing an additional 22,438 shares during the last quarter. IHT Wealth Management LLC boosted its holdings 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 acquiring an additional 7,467 shares during the period. Finally, Mission Creek Capital Partners Inc. increased its holdings in shares of Uber Technologies by 1.5% in the 3rd quarter. Mission Creek Capital Partners Inc. now owns 23,923 shares of the ride-sharing company's stock valued at $1,798,000 after acquiring an additional 351 shares during the period. Institutional investors and hedge funds own 80.24% of the company's stock.

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Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the completion of the sale, the insider now owns 86,973 shares of the company's stock, valued at $7,046,552.46. This represents a 26.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Tony West sold 23,404 shares of Uber Technologies stock in a transaction that occurred on 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 completion of the transaction, the insider now directly owns 114,241 shares in the company, valued at approximately $8,027,715.07. This represents a 17.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 77,154 shares of company stock worth $5,793,869 over the last 90 days. 3.84% of the stock is currently owned by corporate insiders.

Uber Technologies Stock Down 6.2 %

Shares of UBER traded down $4.62 during mid-day trading on Thursday, reaching $69.88. The company's stock had a trading volume of 23,256,579 shares, compared to its average volume of 20,109,335. Uber Technologies, Inc. has a 1 year low of $54.84 and a 1 year high of $87.00. The company has a market cap of $146.17 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. The business has a fifty day moving average of $73.83 and a 200 day moving average of $71.81.

Uber Technologies (NYSE:UBER - Get Free Report) last posted 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 net margin of 22.41% and a return on equity of 62.60%. As a group, analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Cantor Fitzgerald restated an "overweight" rating and issued a $80.00 price target on shares of Uber Technologies in a research report on Thursday, February 6th. UBS Group restated a "buy" rating on shares of Uber Technologies in a research note on Friday, February 21st. Truist Financial increased their price target on shares of Uber Technologies from $90.00 to $92.00 and gave the stock a "buy" rating in a report on Thursday, March 6th. KGI Securities reiterated a "neutral" rating and set a $78.00 target price on shares of Uber Technologies in a research report on Tuesday, March 11th. Finally, Arete Research upgraded Uber Technologies to a "hold" rating in a research report on Tuesday, February 18th. Ten investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Uber Technologies has a consensus rating of "Moderate Buy" and an average price target of $90.41.

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.