Jill Hazelbaker Sells 31,000 Shares of Uber Technologies, Inc. (NYSE:UBER) Stock

Uber Technologies, Inc. (NYSE:UBER - Get Free Report) insider Jill Hazelbaker sold 31,000 shares of the company's stock in a transaction dated 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 directly owns 86,973 shares in the company, valued at approximately $7,046,552.46. The trade was a 26.28 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Jill Hazelbaker also recently made the following trade(s):

• On Monday, November 25th, Jill Hazelbaker sold 27,780 shares of Uber Technologies stock. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00.

Uber Technologies Trading Down 2.9 %

UBER stock traded down $2.38 during midday trading on Friday, hitting $78.89. 21,758,503 shares of the company's stock were exchanged, compared to its average volume of 28,847,662. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00. 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 company has a market cap of $164.79 billion, a PE ratio of 17.30, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The stock's fifty day moving average price is $67.67 and its 200-day moving average price is $71.11.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in UBER. Ascent Group LLC lifted its position in Uber Technologies by 3.4% in the 4th quarter. Ascent Group LLC now owns 22,439 shares of the ride-sharing company's stock valued at $1,354,000 after acquiring an additional 737 shares in the last quarter. AlphaCore Capital LLC raised its stake in shares of Uber Technologies by 2.7% in the 4th quarter. AlphaCore Capital LLC now owns 12,566 shares of the ride-sharing company's stock valued at $758,000 after purchasing an additional 335 shares during the period. Mackenzie Financial Corp lifted its holdings in shares of Uber Technologies by 57.8% in the fourth quarter. Mackenzie Financial Corp now owns 847,313 shares of the ride-sharing company's stock valued at $51,110,000 after purchasing an additional 310,378 shares in the last quarter. Forum Financial Management LP boosted its position in shares of Uber Technologies by 51.4% during the fourth quarter. Forum Financial Management LP now owns 10,820 shares of the ride-sharing company's stock worth $653,000 after buying an additional 3,674 shares during the period. Finally, Kingstone Capital Partners Texas LLC bought a new position in shares of Uber Technologies during the fourth quarter worth about $359,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on UBER shares. Truist Financial dropped their price target on Uber Technologies from $99.00 to $95.00 and set a "buy" rating for the company in a report on Friday, November 1st. Gordon Haskett upgraded Uber Technologies from a "hold" rating to a "buy" rating and set a $85.00 target price for the company in a research note on Thursday, October 31st. Piper Sandler reiterated an "overweight" rating and set a $87.00 price target (up previously from $80.00) on shares of Uber Technologies in a research report on Tuesday. DA Davidson decreased their price objective on shares of Uber Technologies from $84.00 to $80.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Uber Technologies in a research note on Thursday, February 6th. Eight analysts have rated the stock with a hold rating, twenty-eight 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 an average rating of "Moderate Buy" and an average target price of $90.91.

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.