9,413 Shares in Uber Technologies, Inc. (NYSE:UBER) Purchased by Everpar Advisors LLC

Everpar Advisors LLC purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 9,413 shares of the ride-sharing company’s stock, valued at approximately $580,000.

Several other institutional investors have also added to or reduced their stakes in the company. New York State Teachers Retirement System lifted its holdings in shares of Uber Technologies by 70.3% in the 3rd quarter. New York State Teachers Retirement System now owns 40,163 shares of the ride-sharing company’s stock valued at $1,847,000 after acquiring an additional 16,576 shares during the last quarter. Brighton Jones LLC boosted its holdings in shares of Uber Technologies by 22.2% in the 3rd quarter. Brighton Jones LLC now owns 13,769 shares of the ride-sharing company’s stock worth $633,000 after purchasing an additional 2,503 shares during the period. Castleview Partners LLC increased its position in shares of Uber Technologies by 120.3% during the 3rd quarter. Castleview Partners LLC now owns 1,531 shares of the ride-sharing company’s stock valued at $70,000 after purchasing an additional 836 shares during the last quarter. Hills Bank & Trust Co purchased a new stake in Uber Technologies during the 3rd quarter valued at $108,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in Uber Technologies by 9.0% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,411,713 shares of the ride-sharing company’s stock worth $63,987,000 after buying an additional 115,992 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on UBER shares. Tigress Financial raised their target price on shares of Uber Technologies from $72.00 to $96.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Jefferies Financial Group boosted their target price on Uber Technologies from $95.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, April 5th. TheStreet upgraded Uber Technologies from a “c” rating to a “b-” rating in a report on Wednesday, February 7th. Royal Bank of Canada restated an “outperform” rating and set a $85.00 price objective on shares of Uber Technologies in a report on Thursday, February 15th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $90.00 target price on shares of Uber Technologies in a research note on Monday, April 29th. Two investment analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $81.65.

Read Our Latest Stock Report on UBER

Insider Buying and Selling at Uber Technologies

In other news, insider Tony West sold 18,750 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $70.08, for a total transaction of $1,314,000.00. Following the sale, the insider now directly owns 185,566 shares of the company’s stock, valued at $13,004,465.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, insider Tony West sold 18,750 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the sale, the insider now owns 185,566 shares in the company, valued at $13,004,465.28. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jill Hazelbaker sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the transaction, the insider now directly owns 107,290 shares of the company’s stock, valued at $8,350,380.70. The disclosure for this sale can be found here. 3.80% of the stock is currently owned by company insiders.

Uber Technologies Stock Down 1.5 %

Shares of Uber Technologies stock traded down $1.10 during trading on Tuesday, reaching $70.41. The company’s stock had a trading volume of 24,218,295 shares, compared to its average volume of 19,825,625. The company has a 50-day simple moving average of $75.03 and a two-hundred day simple moving average of $65.83. Uber Technologies, Inc. has a 1-year low of $37.07 and a 1-year high of $82.14. The company has a market cap of $146.55 billion, a price-to-earnings ratio of 81.87, a P/E/G ratio of 1.09 and a beta of 1.39. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.79.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.50. The business had revenue of $9.94 billion during the quarter, compared to the consensus estimate of $9.76 billion. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The company’s quarterly revenue was up 15.4% on a year-over-year basis. During the same quarter last year, the company earned $0.29 earnings per share. As a group, equities analysts forecast that Uber Technologies, Inc. will post 1.23 earnings per share for the current year.

About Uber Technologies

(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.

See Also

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

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