Motley Fool Asset Management LLC Acquires 4,381 Shares of Uber Technologies, Inc. (NYSE:UBER)

Motley Fool Asset Management LLC boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 8.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,525 shares of the ride-sharing company’s stock after purchasing an additional 4,381 shares during the period. Motley Fool Asset Management LLC’s holdings in Uber Technologies were worth $3,480,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UBER. CVA Family Office LLC bought a new position in shares of Uber Technologies in the fourth quarter valued at approximately $30,000. Highlander Capital Management LLC raised 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 valued at $31,000 after acquiring an additional 250 shares during the last quarter. Bfsg LLC bought a new position in shares of Uber Technologies in the fourth quarter valued at approximately $31,000. Blue Bell Private Wealth Management LLC raised 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 valued at $32,000 after acquiring an additional 174 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group increased its holdings in shares of Uber Technologies by 82.9% in the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 578 shares of the ride-sharing company’s stock valued at $36,000 after purchasing an additional 262 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on UBER. Nomura lowered shares of Uber Technologies from a “buy” rating to a “neutral” rating and raised their price target for the company from $59.00 to $62.00 in a report on Friday, December 29th. Roth Mkm raised their price target on shares of Uber Technologies from $72.00 to $79.00 and gave the company a “buy” rating in a report on Thursday, February 8th. Gordon Haskett lowered shares of Uber Technologies from a “buy” rating to a “hold” rating and set a $66.00 price target for the company. in a report on Wednesday, January 24th. Truist Financial lifted their target price on shares of Uber Technologies from $90.00 to $94.00 and gave the stock a “buy” rating in a report on Wednesday, March 27th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Uber Technologies from $84.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, February 15th. Two investment analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $78.94.

Insider Activity at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 20,000 shares of the business’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the sale, the insider now directly owns 107,290 shares of the company’s stock, valued at approximately $8,350,380.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Uber Technologies news, insider Tony West sold 18,750 shares of the business’s stock in a transaction dated 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 approximately $13,004,465.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jill Hazelbaker sold 20,000 shares of the business’s stock in a transaction dated 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 sale, the insider now directly owns 107,290 shares in the company, valued at $8,350,380.70. The disclosure for this sale can be found here. 3.84% of the stock is currently owned by insiders.

Uber Technologies Stock Down 0.1 %

UBER traded down $0.05 during trading on Thursday, hitting $69.31. The company had a trading volume of 19,368,011 shares, compared to its average volume of 19,754,951. The company has a market capitalization of $144.26 billion, a PE ratio of 80.59, a PEG ratio of 1.12 and a beta of 1.36. Uber Technologies, Inc. has a one year low of $29.22 and a one year high of $82.14. The firm’s 50-day moving average price is $76.49 and its 200 day moving average price is $64.19. 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:UBER) last posted its quarterly earnings data on Wednesday, February 7th. The ride-sharing company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.16 by $0.50. The business had revenue of $9.94 billion for the quarter, compared to analysts’ expectations of $9.76 billion. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. The firm’s revenue was up 15.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.29 EPS. As a group, equities analysts expect that Uber Technologies, Inc. will post 1.22 earnings per share for the current year.

Uber Technologies 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.