1,000 Shares in Uber Technologies, Inc. (NYSE:UBER) Bought by Fairman Group LLC

Fairman Group LLC purchased a new position in Uber Technologies, Inc. (NYSE:UBERFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,000 shares of the ride-sharing company’s stock, valued at approximately $62,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CVA Family Office LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth $30,000. Highlander Capital Management LLC grew its stake in shares of Uber Technologies by 100.0% in the fourth quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company’s stock worth $31,000 after acquiring an additional 250 shares during the last quarter. Bfsg LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth $31,000. Blue Bell Private Wealth Management LLC grew its stake in shares of Uber Technologies by 49.7% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 524 shares of the ride-sharing company’s stock worth $32,000 after acquiring an additional 174 shares during the last quarter. Finally, GW&K Investment Management LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth $33,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Tony West sold 18,750 shares of Uber Technologies stock in a transaction on Monday, May 13th. The stock was sold at an average price of $65.63, for a total transaction of $1,230,562.50. Following the completion of the sale, the insider now directly owns 206,338 shares of the company’s stock, valued at approximately $13,541,962.94. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, insider Tony West sold 18,750 shares of Uber Technologies stock in a transaction on Monday, May 13th. The stock was sold at an average price of $65.63, for a total value of $1,230,562.50. Following the transaction, the insider now directly owns 206,338 shares in the company, valued at approximately $13,541,962.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Dara Khosrowshahi sold 500,000 shares of Uber Technologies stock in a transaction on Friday, May 17th. The shares were sold at an average price of $65.93, for a total value of $32,965,000.00. Following the completion of the transaction, the chief executive officer now owns 1,656,996 shares in the company, valued at $109,245,746.28. The disclosure for this sale can be found here. Insiders sold a total of 635,984 shares of company stock valued at $42,258,297 in the last ninety days. Corporate insiders own 3.80% of the company’s stock.

Uber Technologies Trading Up 0.1 %

Shares of UBER stock traded up $0.08 on Tuesday, reaching $70.57. 1,123,459 shares of the company’s stock were exchanged, compared to its average volume of 19,667,010. Uber Technologies, Inc. has a 52 week low of $40.09 and a 52 week high of $82.14. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $147.46 billion, a PE ratio of 113.69, a P/E/G ratio of 1.54 and a beta of 1.37. The company’s fifty day simple moving average is $68.38 and its 200 day simple moving average is $69.17.

Uber Technologies (NYSE:UBERGet Free Report) last issued its earnings results on Wednesday, May 8th. The ride-sharing company reported ($0.32) earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.53). The firm had revenue of $10.13 billion for the quarter, compared to the consensus estimate of $10.09 billion. Uber Technologies had a net margin of 3.60% and a return on equity of 12.81%. The company’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same period last year, the firm earned ($0.08) earnings per share. As a group, analysts forecast that Uber Technologies, Inc. will post 0.84 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on UBER. Piper Sandler increased their target price on Uber Technologies from $78.00 to $92.00 and gave the stock an “overweight” rating in a research note on Friday, March 15th. Wedbush reaffirmed an “outperform” rating and set a $85.00 price target on shares of Uber Technologies in a report on Wednesday, May 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 price target on shares of Uber Technologies in a report on Wednesday, May 8th. Oppenheimer reaffirmed an “outperform” rating and set a $90.00 price target on shares of Uber Technologies in a report on Wednesday, June 5th. Finally, Moffett Nathanson reaffirmed a “buy” rating and set a $92.00 price target on shares of Uber Technologies in a report on Thursday, April 11th. Two investment analysts have rated the stock with a hold rating and thirty have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $84.47.

View Our Latest Report on UBER

Uber Technologies Company Profile

(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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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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