Bramshill Investments LLC Has $754,000 Stake in Uber Technologies, Inc. (NYSE:UBER)

Bramshill Investments LLC boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 110.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,500 shares of the ride-sharing company's stock after purchasing an additional 6,566 shares during the period. Bramshill Investments LLC's holdings in Uber Technologies were worth $754,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UBER. World Investment Advisors LLC increased its stake in shares of Uber Technologies by 59.8% during the 3rd quarter. World Investment Advisors LLC now owns 11,773 shares of the ride-sharing company's stock worth $885,000 after purchasing an additional 4,405 shares during the last quarter. Synovus Financial Corp lifted its holdings in Uber Technologies by 26.1% in the 3rd quarter. Synovus Financial Corp now owns 17,499 shares of the ride-sharing company's stock worth $1,315,000 after purchasing an additional 3,622 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Uber Technologies by 7.1% during the third quarter. Principal Financial Group Inc. now owns 2,460,332 shares of the ride-sharing company's stock valued at $184,919,000 after purchasing an additional 162,528 shares during the last quarter. Versant Capital Management Inc lifted its stake in shares of Uber Technologies by 39.4% in the fourth quarter. Versant Capital Management Inc now owns 1,252 shares of the ride-sharing company's stock worth $76,000 after buying an additional 354 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of Uber Technologies by 1,370.1% during the 4th quarter. Nordea Investment Management AB now owns 2,215,053 shares of the ride-sharing company's stock worth $134,144,000 after buying an additional 2,064,382 shares during the period. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Wells Fargo & Company boosted their target price on shares of Uber Technologies from $87.00 to $90.00 and gave the stock an "overweight" rating in a research report on Thursday, April 3rd. JMP Securities reaffirmed a "market perform" rating on shares of Uber Technologies in a research note on Thursday, February 6th. Truist Financial increased their target price on shares of Uber Technologies from $90.00 to $92.00 and gave the stock a "buy" rating in a research report on Thursday, March 6th. KGI Securities reiterated a "neutral" rating and issued a $78.00 target price on shares of Uber Technologies in a research note on Tuesday, March 11th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $90.00 price target on shares of Uber Technologies in a research report on Wednesday, April 9th. Ten research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $89.81.

Uber Technologies Price Performance

NYSE:UBER opened at $84.28 on Monday. Uber Technologies, Inc. has a 12-month low of $54.84 and a 12-month high of $87.00. The firm has a market capitalization of $176.30 billion, a price-to-earnings ratio of 18.48, a P/E/G ratio of 0.89 and a beta of 1.43. The stock's 50 day moving average price is $73.83 and its two-hundred day moving average price is $71.32. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share 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%. On average, analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Tony West sold 23,404 shares of the company's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the completion of the sale, the insider now directly owns 114,241 shares in the company, valued at $8,027,715.07. This represents a 17.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jill Hazelbaker sold 31,000 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total value of $2,511,620.00. Following the transaction, the insider now directly owns 86,973 shares of the company's stock, valued at approximately $7,046,552.46. The trade was a 26.28 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 77,154 shares of company stock valued at $5,793,869. Company insiders own 3.84% of the company's stock.

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.

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