3,615 Shares in Uber Technologies, Inc. $UBER Bought by TFR Capital LLC.

TFR Capital LLC. acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,615 shares of the ride-sharing company's stock, valued at approximately $337,000.

A number of other institutional investors have also made changes to their positions in UBER. Kozak & Associates Inc. grew its stake in shares of Uber Technologies by 155.9% during the first quarter. Kozak & Associates Inc. now owns 366 shares of the ride-sharing company's stock worth $27,000 after purchasing an additional 223 shares during the period. Noble Wealth Management PBC acquired a new stake in shares of Uber Technologies during the first quarter worth $27,000. Vision Financial Markets LLC acquired a new position in Uber Technologies in the first quarter valued at about $27,000. West Oak Capital LLC acquired a new position in Uber Technologies in the second quarter valued at about $28,000. Finally, GPS Wealth Strategies Group LLC grew its stake in Uber Technologies by 305.1% in the first quarter. GPS Wealth Strategies Group LLC now owns 397 shares of the ride-sharing company's stock valued at $29,000 after acquiring an additional 299 shares during the period. 80.24% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, CEO Dara Khosrowshahi sold 150,000 shares of the company's stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $100.48, for a total value of $15,072,000.00. Following the sale, the chief executive officer owned 982,544 shares in the company, valued at $98,726,021.12. This represents a 13.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jill Hazelbaker sold 31,250 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $96.42, for a total value of $3,013,125.00. Following the completion of the transaction, the insider directly owned 86,531 shares in the company, valued at $8,343,319.02. The trade was a 26.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 601,821 shares of company stock valued at $58,659,491 in the last ninety days. Insiders own 3.84% of the company's stock.

Uber Technologies Stock Performance

UBER opened at $99.32 on Thursday. Uber Technologies, Inc. has a 52-week low of $59.33 and a 52-week high of $101.99. The firm has a market capitalization of $207.12 billion, a PE ratio of 16.92 and a beta of 1.48. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.11 and a current ratio of 1.11. The business's 50-day simple moving average is $94.57 and its 200 day simple moving average is $87.55.

Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results on Wednesday, August 6th. The ride-sharing company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.02. Uber Technologies had a return on equity of 59.96% and a net margin of 26.68%.The business had revenue of $12.65 billion for the quarter, compared to analyst estimates of $12.45 billion. During the same quarter in the prior year, the company posted $0.47 earnings per share. Uber Technologies's revenue was up 18.2% on a year-over-year basis. As a group, sell-side analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on UBER shares. Weiss Ratings reissued a "buy (b)" rating on shares of Uber Technologies in a research note on Saturday, September 27th. Mizuho initiated coverage on Uber Technologies in a research note on Monday, September 29th. They issued an "outperform" rating and a $130.00 target price for the company. Susquehanna upped their price objective on Uber Technologies from $100.00 to $105.00 and gave the stock a "positive" rating in a research report on Thursday, August 7th. Roth Capital upped their price objective on Uber Technologies from $93.00 to $110.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Finally, Needham & Company LLC upped their price objective on Uber Technologies from $100.00 to $109.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $104.03.

About Uber Technologies

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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