Uber Technologies, Inc. (NYSE:UBER) Shares Purchased by Voyager Global Management LP

Voyager Global Management LP lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 300.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,600,000 shares of the ride-sharing company's stock after acquiring an additional 1,950,000 shares during the period. Uber Technologies comprises approximately 6.3% of Voyager Global Management LP's holdings, making the stock its 7th largest holding. Voyager Global Management LP owned about 0.12% of Uber Technologies worth $156,832,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Avion Wealth boosted its position in Uber Technologies by 96.0% during 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 period. Transce3nd LLC bought a new stake in Uber Technologies in the fourth quarter valued at $27,000. Runnymede Capital Advisors Inc. acquired a new position in shares of Uber Technologies during the fourth quarter valued at $28,000. GHP Investment Advisors Inc. grew its position in shares of Uber Technologies by 85.1% during the fourth 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. Finally, Kieckhefer Group LLC acquired a new stake in shares of Uber Technologies in the 4th quarter worth about $33,000. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Stock Down 0.5 %

NYSE:UBER traded down $0.36 on Friday, hitting $77.74. 20,038,405 shares of the company's stock traded hands, compared to its average volume of 20,336,884. The company has a market cap of $162.62 billion, a PE ratio of 17.05, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37. Uber Technologies, Inc. has a 1 year low of $54.84 and a 1 year high of $87.00. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $73.60 and a 200-day moving average price of $71.46.

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 net margin of 22.41% and a return on equity of 62.60%. Equities analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on UBER. Fox Advisors lowered shares of Uber Technologies from an "overweight" rating to an "equal weight" rating in a research note on Tuesday, March 11th. Needham & Company LLC reiterated a "buy" rating and set a $90.00 price objective on shares of Uber Technologies in a research report on Wednesday, April 9th. JPMorgan Chase & Co. lowered their target price on Uber Technologies from $90.00 to $80.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Royal Bank of Canada reiterated an "outperform" rating and set a $82.00 price target on shares of Uber Technologies in a research report on Thursday, February 6th. Finally, Arete Research raised Uber Technologies to a "hold" rating in a report on Tuesday, February 18th. Ten analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Uber Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $89.81.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of the business's stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 86,973 shares of the company's stock, valued at $7,046,552.46. The trade was a 26.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm'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 in the company, valued at $1,662,150. This represents a 11.04 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 77,154 shares of company stock valued at $5,793,869. 3.84% of the stock is owned by insiders.

About Uber Technologies

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.