Representative Josh Gottheimer (D-New Jersey) recently sold shares of Uber Technologies, Inc. NYSE: UBER. In a filing disclosed on January 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Uber Technologies stock on December 9th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Block NYSE: SQ on 12/30/2024.
- Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 12/30/2024.
- Sold $1,001 - $15,000 in shares of Ambev NYSE: ABEV on 12/27/2024.
- Sold $1,001 - $15,000 in shares of Grupo Financiero Banorte OTCMKTS: GBOOY on 12/27/2024.
- Sold $1,001 - $15,000 in shares of Cadre NYSE: CDRE on 12/27/2024.
- Sold $1,001 - $15,000 in shares of Coloplast A/S OTCMKTS: CLPBY on 12/27/2024.
- Sold $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 12/23/2024.
- Sold $1,001 - $15,000 in shares of Trane Technologies NYSE: TT on 12/23/2024.
- Purchased $1,001 - $15,000 in shares of Walmart NYSE: WMT on 12/20/2024.
- Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 12/19/2024.
Uber Technologies Stock Performance
NYSE UBER traded up $1.56 during trading hours on Thursday, hitting $68.58. 28,985,604 shares of the stock were exchanged, compared to its average volume of 27,941,891. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.70. The stock has a 50-day moving average of $66.34 and a 200 day moving average of $70.39. The company has a market cap of $144.41 billion, a price-to-earnings ratio of 34.12, a price-to-earnings-growth ratio of 0.71 and a beta of 1.36. Uber Technologies, Inc. has a 12-month low of $54.84 and a 12-month high of $87.00.
Uber Technologies (NYSE:UBER - Get Free Report) last posted its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.79. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. The company had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.99 billion. During the same period in the previous year, the business earned $0.10 earnings per share. Uber Technologies's quarterly revenue was up 20.4% compared to the same quarter last year. As a group, equities research analysts forecast that Uber Technologies, Inc. will post 1.9 earnings per share for the current year.
Insider Buying and Selling at Uber Technologies
In related news, insider Jill Hazelbaker sold 27,780 shares of the firm's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the sale, the insider now owns 107,289 shares of the company's stock, valued at approximately $7,821,368.10. This trade represents a 20.57 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 3.80% of the company's stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the company. GHP Investment Advisors Inc. boosted its holdings in Uber Technologies by 222.7% during the second quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company's stock valued at $26,000 after purchasing an additional 245 shares in the last quarter. Kieckhefer Group LLC bought a new stake in shares of Uber Technologies during the fourth quarter worth $33,000. Retirement Wealth Solutions LLC acquired a new position in Uber Technologies during the 4th quarter valued at about $35,000. Fairfield Financial Advisors LTD acquired a new position in Uber Technologies in the second quarter valued at approximately $36,000. Finally, Financial Management Professionals Inc. grew its holdings in Uber Technologies by 104.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company's stock worth $37,000 after acquiring an additional 252 shares during the period. Institutional investors and hedge funds own 80.24% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on UBER. The Goldman Sachs Group reissued a "buy" rating and set a $96.00 price target on shares of Uber Technologies in a research note on Thursday, January 2nd. Daiwa Capital Markets cut Uber Technologies from an "outperform" rating to a "neutral" rating and set a $84.00 price target for the company. in a report on Thursday, October 17th. Tigress Financial raised their price objective on Uber Technologies from $96.00 to $103.00 and gave the company a "buy" rating in a research note on Monday, November 25th. Raymond James started coverage on shares of Uber Technologies in a research report on Tuesday, September 24th. They issued a "strong-buy" rating and a $90.00 target price for the company. Finally, Daiwa America lowered Uber Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 17th. Seven investment analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $91.53.
Get Our Latest Report on Uber Technologies
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2025. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2024 election. Gottheimer was first elected to the House in 2016. Prior to his election, Gottheimer worked for Microsoft, the Federal Communications Commission, and for the administration of President Bill Clinton (D). Click here for more information about Gottheimer's career. Gottheimer serves on the House Financial Services Committee, where is a member of three subcommittees. For more on Gottheimer's committee assignments, click here. Gottheimer became a co-chair of the Problem Solvers Caucus in February 2017. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
About Uber Technologies
(
Get Free Report)
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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