Uber Technologies, Inc. (NYSE:UBER) Stake Raised by Capital International Sarl

Capital International Sarl grew its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 7.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 153,755 shares of the ride-sharing company's stock after purchasing an additional 10,898 shares during the period. Capital International Sarl's holdings in Uber Technologies were worth $9,275,000 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 boosted its holdings in 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 buying an additional 218 shares in the last quarter. Runnymede Capital Advisors Inc. bought a new stake in shares of Uber Technologies during the 4th quarter worth $28,000. GHP Investment Advisors Inc. grew its holdings in shares of 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 acquiring an additional 223 shares during the last quarter. Kieckhefer Group LLC acquired a new stake in shares of Uber Technologies during the fourth quarter worth $33,000. Finally, Legacy Investment Solutions LLC lifted its holdings in shares of Uber Technologies by 3,038.9% during the fourth quarter. Legacy Investment Solutions LLC now owns 565 shares of the ride-sharing company's stock valued at $34,000 after purchasing an additional 547 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

Insider Buying and Selling at Uber Technologies

In related news, insider Tony West sold 23,404 shares of the business's stock in a transaction 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 transaction, the insider now owns 114,241 shares of the company's stock, valued at approximately $8,027,715.07. The trade was a 17.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the company's stock in a transaction on 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 owns 22,162 shares of the company's stock, valued at approximately $1,662,150. The trade was a 11.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 77,154 shares of company stock worth $5,793,869 over the last ninety days. Company insiders own 3.84% of the company's stock.

Wall Street Analysts Forecast Growth

UBER has been the topic of a number of analyst reports. Fox Advisors cut Uber Technologies from an "overweight" rating to an "equal weight" rating in a research note on Tuesday, March 11th. Citigroup cut their price target on shares of Uber Technologies from $98.00 to $92.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Truist Financial raised their price objective on shares of Uber Technologies from $90.00 to $92.00 and gave the stock a "buy" rating in a research note on Thursday, March 6th. Evercore ISI cut their target price on shares of Uber Technologies from $120.00 to $115.00 and set an "outperform" rating on the stock in a research note on Thursday, February 6th. Finally, Wells Fargo & Company raised their target price on Uber Technologies from $87.00 to $90.00 and gave the stock an "overweight" rating in a research report on Thursday, April 3rd. Ten research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Uber Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $89.81.

Uber Technologies Stock Up 3.0 %

UBER opened at $75.28 on Friday. The firm has a market cap of $157.47 billion, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37. 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 business has a 50 day moving average price of $74.09 and a 200 day moving average price of $71.45. Uber Technologies, Inc. has a twelve month low of $54.84 and a twelve month high of $87.00.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share 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%. Research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current 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.

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