Uber Technologies, Inc. (NYSE:UBER) Shares Bought by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC boosted its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 1,066.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 111,932 shares of the ride-sharing company's stock after purchasing an additional 102,332 shares during the quarter. New Age Alpha Advisors LLC's holdings in Uber Technologies were worth $6,752,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Uber Technologies by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 180,766,683 shares of the ride-sharing company's stock worth $10,903,846,000 after purchasing an additional 2,364,525 shares during the period. Geode Capital Management LLC increased its position in Uber Technologies by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 42,500,359 shares of the ride-sharing company's stock worth $3,184,013,000 after purchasing an additional 893,652 shares during the period. Jennison Associates LLC raised its stake in shares of Uber Technologies by 36.9% during 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 in the last quarter. Norges Bank acquired a new stake in shares of Uber Technologies in the 4th quarter valued at approximately $1,467,754,000. Finally, Janus Henderson Group PLC boosted its stake in shares of Uber Technologies by 18.3% in 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 buying an additional 2,056,273 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

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Insider Activity at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 20,000 shares of the firm's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $71.57, for a total transaction of $1,431,400.00. Following the transaction, the senior vice president now directly owns 361,908 shares of the company's stock, valued at approximately $25,901,755.56. This trade represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $75.00, for a total transaction of $206,250.00. Following the transaction, the chief financial officer now directly owns 22,162 shares in the company, valued at approximately $1,662,150. The trade was a 11.04 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 77,154 shares of company stock worth $5,793,869 in the last 90 days. 3.84% of the stock is currently owned by company insiders.

Uber Technologies Stock Down 1.1 %

Shares of UBER stock traded down $0.82 during trading hours on Monday, hitting $71.93. 5,519,165 shares of the company were exchanged, compared to its average volume of 23,839,473. The business's 50-day simple moving average is $73.44 and its two-hundred day simple moving average is $71.76. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00. The stock has a market capitalization of $150.46 billion, a price-to-earnings ratio of 15.77, a P/E/G ratio of 0.89 and a beta of 1.39. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07.

Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results 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 net margin of 22.41% and a return on equity of 62.60%. Sell-side analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on UBER shares. Royal Bank of Canada reissued an "outperform" rating and set a $82.00 price objective on shares of Uber Technologies in a report on Thursday, February 6th. Wells Fargo & Company decreased their target price on Uber Technologies from $90.00 to $87.00 and set an "overweight" rating on the stock 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 report on Friday, January 3rd. Arete Research raised shares of Uber Technologies to a "hold" rating in a report on Tuesday, February 18th. Finally, The Goldman Sachs Group restated a "buy" rating and set a $96.00 price objective on shares of Uber Technologies in a research report on Thursday, January 2nd. Ten investment analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price 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.