25,090 Shares in Uber Technologies, Inc. (NYSE:UBER) Acquired by Sava Infond d.o.o.

Sava Infond d.o.o. purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 25,090 shares of the ride-sharing company's stock, valued at approximately $1,513,000.

Other large investors also recently modified their holdings of the company. Kingsview Wealth Management LLC raised its stake in Uber Technologies by 18.4% in the 3rd quarter. Kingsview Wealth Management LLC now owns 16,381 shares of the ride-sharing company's stock valued at $1,231,000 after acquiring an additional 2,546 shares during the period. Larson Financial Group LLC raised its stake in shares of Uber Technologies by 38.1% during the 3rd quarter. Larson Financial Group LLC now owns 3,284 shares of the ride-sharing company's stock valued at $247,000 after purchasing an additional 906 shares during the period. Brown Brothers Harriman & Co. boosted its stake in Uber Technologies by 178.1% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 3,613 shares of the ride-sharing company's stock worth $272,000 after purchasing an additional 2,314 shares during the period. Qsemble Capital Management LP bought a new position in Uber Technologies in the 3rd quarter worth about $749,000. Finally, The Manufacturers Life Insurance Company grew its holdings in Uber Technologies by 0.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,306,068 shares of the ride-sharing company's stock valued at $98,168,000 after buying an additional 11,190 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Royal Bank of Canada reaffirmed an "outperform" rating and set a $82.00 price objective on shares of Uber Technologies in a research note on Thursday, February 6th. Truist Financial lifted their price objective on Uber Technologies from $90.00 to $92.00 and gave the company a "buy" rating in a research note on Thursday, March 6th. Citigroup reduced their target price 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. JMP Securities reaffirmed a "market perform" rating on shares of Uber Technologies in a report on Thursday, February 6th. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $96.00 price objective on shares of Uber Technologies in a report on Thursday, January 2nd. Ten equities research analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $90.31.

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Insider Activity at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 20,000 shares of the business's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $71.57, for a total value of $1,431,400.00. Following the completion of the transaction, the senior vice president now owns 361,908 shares in the company, valued at $25,901,755.56. The trade was a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jill Hazelbaker sold 31,000 shares of the stock in a transaction 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 directly owns 86,973 shares in the company, valued at $7,046,552.46. This trade represents a 26.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 77,154 shares of company stock valued at $5,793,869. 3.84% of the stock is owned by corporate insiders.

Uber Technologies Stock Down 2.9 %

Uber Technologies stock traded down $2.15 during mid-day trading 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. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00. The company has a market capitalization of $152.09 billion, a PE ratio of 15.94, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The stock's 50 day moving average price is $73.44 and its two-hundred day moving average price is $71.75. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) 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%. As a group, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

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.