Brucke Financial Inc. Acquires New Holdings in Uber Technologies, Inc. (NYSE:UBER)

Brucke Financial Inc. acquired a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,453 shares of the ride-sharing company's stock, valued at approximately $365,000.

A number of other institutional investors have also recently bought and sold shares of UBER. Capital Research Global Investors raised its holdings in Uber Technologies by 79.0% in the fourth quarter. Capital Research Global Investors now owns 118,131,681 shares of the ride-sharing company's stock worth $7,125,728,000 after purchasing an additional 52,125,476 shares during the period. Norges Bank bought a new stake in shares of Uber Technologies in the 4th quarter valued at $1,467,754,000. Jennison Associates LLC raised its stake in Uber Technologies by 36.9% during the 4th quarter. Jennison Associates LLC now owns 26,460,312 shares of the ride-sharing company's stock worth $1,596,086,000 after buying an additional 7,137,512 shares during the period. Boston Partners bought a new position in Uber Technologies during the fourth quarter worth about $381,057,000. Finally, Toyota Motor Corp acquired a new position in Uber Technologies in the fourth quarter valued at about $309,192,000. Institutional investors and hedge funds own 80.24% of the company's stock.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 34,884 shares of Uber Technologies stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $86.03, for a total value of $3,001,070.52. Following the transaction, the insider now directly owns 102,135 shares of the company's stock, valued at $8,786,674.05. This trade represents a 25.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the company's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $85.00, for a total value of $233,750.00. Following the sale, the chief financial officer now owns 21,063 shares of the company's stock, valued at $1,790,355. The trade was a 11.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 83,788 shares of company stock valued at $6,517,070 over the last 90 days. 3.84% of the stock is owned by corporate insiders.

Uber Technologies Stock Performance

Shares of UBER stock traded up $1.25 on Tuesday, hitting $89.00. The company's stock had a trading volume of 17,434,956 shares, compared to its average volume of 20,428,867. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $93.60. The company has a market capitalization of $186.11 billion, a PE ratio of 19.52, a PEG ratio of 0.89 and a beta of 1.43. The stock's 50 day moving average is $78.47 and its 200-day moving average is $72.61. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its earnings results on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.33. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. The firm had revenue of $11.53 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the prior year, the business posted ($0.32) EPS. The business's revenue was up 13.8% compared to the same quarter last year. Equities research 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 equities research analysts have recently commented on UBER shares. Arete Research raised Uber Technologies to a "hold" rating in a research report on Tuesday, February 18th. Wells Fargo & Company upped their price target on shares of Uber Technologies from $90.00 to $100.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Piper Sandler reissued an "overweight" rating and set a $87.00 price objective (up previously from $80.00) on shares of Uber Technologies in a research report on Tuesday, February 18th. UBS Group raised their price objective on shares of Uber Technologies from $103.00 to $107.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Finally, TD Cowen reduced their target price on shares of Uber Technologies from $90.00 to $88.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Eleven equities research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Uber Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $93.91.

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.