15,977 Shares in Uber Technologies, Inc. (NYSE:UBER) Bought by Puzo Michael J

Puzo Michael J bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 15,977 shares of the ride-sharing company's stock, valued at approximately $1,164,000.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Uber Technologies by 3.4% in the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company's stock worth $4,491,000 after purchasing an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in Uber Technologies by 65.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company's stock worth $939,000 after buying an additional 6,129 shares in the last quarter. Van ECK Associates Corp increased its holdings in shares of Uber Technologies by 228.0% in the 4th quarter. Van ECK Associates Corp now owns 14,910 shares of the ride-sharing company's stock worth $899,000 after buying an additional 10,364 shares during the last quarter. Bank Pictet & Cie Europe AG bought a new position in shares of Uber Technologies in the 4th quarter worth $395,000. Finally, Principal Securities Inc. raised its position in shares of Uber Technologies by 39.0% during the 4th quarter. Principal Securities Inc. now owns 40,604 shares of the ride-sharing company's stock valued at $2,449,000 after buying an additional 11,400 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 34,884 shares of the business's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $86.03, for a total transaction of $3,001,070.52. Following the sale, the insider now owns 102,135 shares of the company's stock, valued at $8,786,674.05. The trade was a 25.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $85.00, for a total transaction of $233,750.00. Following the transaction, the chief financial officer now directly owns 21,063 shares of the company's stock, valued at $1,790,355. This represents a 11.55% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 40,384 shares of company stock valued at $3,441,071 over the last ninety days. Company insiders own 3.70% of the company's stock.

Uber Technologies Price Performance

Shares of NYSE UBER opened at $84.71 on Wednesday. Uber Technologies, Inc. has a 1 year low of $54.84 and a 1 year high of $93.60. The stock has a market capitalization of $177.14 billion, a P/E ratio of 14.84, a P/E/G ratio of 1.08 and a beta of 1.38. The company's 50-day moving average is $82.83 and its 200 day moving average is $74.17. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.02 and a quick ratio of 1.02.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.33. Uber Technologies had a return on equity of 66.46% and a net margin of 27.07%. The business had revenue of $11.53 billion for the quarter, compared to analysts' expectations of $11.61 billion. During the same period in the previous year, the firm posted ($0.32) EPS. The business's revenue was up 13.8% on a year-over-year basis. On average, sell-side analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on UBER shares. Stifel Nicolaus assumed coverage on shares of Uber Technologies in a research report on Wednesday, June 11th. They issued a "buy" rating and a $110.00 target price for the company. Cantor Fitzgerald reiterated an "overweight" rating and set a $80.00 price objective on shares of Uber Technologies in a research report on Wednesday, April 16th. Arete Research raised Uber Technologies to a "hold" rating in a report on Tuesday, February 18th. JPMorgan Chase & Co. upped their target price on Uber Technologies from $92.00 to $105.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 20th. Finally, Loop Capital reissued a "buy" rating and set a $105.00 price target (up from $89.00) on shares of Uber Technologies in a research note on Wednesday, May 21st. Eleven research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Uber Technologies has a consensus rating of "Moderate Buy" and an average target price of $94.39.

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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