Uber Technologies, Inc. (NYSE:UBER) Holdings Raised by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd grew its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 7.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 528,971 shares of the ride-sharing company's stock after acquiring an additional 36,381 shares during the period. UniSuper Management Pty Ltd's holdings in Uber Technologies were worth $31,908,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of UBER. Avion Wealth grew its stake in shares of Uber Technologies by 96.0% in the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company's stock valued at $26,000 after purchasing an additional 218 shares during the last quarter. Runnymede Capital Advisors Inc. purchased a new position in shares of Uber Technologies during the 4th quarter worth approximately $28,000. GHP Investment Advisors Inc. raised its stake in shares of Uber Technologies by 85.1% during the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company's stock worth $29,000 after buying an additional 223 shares in the last quarter. Kieckhefer Group LLC acquired a new stake in shares of Uber Technologies in the 4th quarter valued at approximately $33,000. Finally, Retirement Wealth Solutions LLC acquired a new position in Uber Technologies during the fourth quarter worth $35,000. Hedge funds and other institutional investors own 80.24% of the company's stock.

Insiders Place Their Bets

In other news, insider Tony West sold 23,404 shares of the business's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $70.27, for a total value of $1,644,599.08. Following the sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 value of $206,250.00. Following the transaction, the chief financial officer now directly owns 22,162 shares of the company's stock, valued at $1,662,150. This represents a 11.04 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 77,154 shares of company stock worth $5,793,869. 3.84% of the stock is owned by corporate insiders.

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Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $80.00 price target on shares of Uber Technologies in a research note on Thursday, February 6th. Wolfe Research upped their price target on Uber Technologies from $90.00 to $92.00 and gave the stock an "outperform" rating in a report on Friday, January 3rd. 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. Citigroup dropped their price target 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. Finally, Arete Research upgraded shares of Uber Technologies to a "hold" rating in a report on Tuesday, February 18th. Ten equities research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Uber Technologies has an average rating of "Moderate Buy" and a consensus target price of $90.31.

Uber Technologies Stock Performance

UBER stock traded down $2.15 on Friday, reaching $72.71. The company's stock had a trading volume of 11,255,568 shares, compared to its average volume of 20,097,389. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. The company has a market capitalization of $152.09 billion, a P/E ratio of 15.94, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The firm has a fifty day moving average of $73.44 and a two-hundred day moving average of $71.75.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. As a group, analysts predict that Uber Technologies, Inc. will post 2.54 EPS 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.