Delaney Dennis R Acquires Shares of 11,300 Uber Technologies, Inc. (NYSE:UBER)

Delaney Dennis R acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 11,300 shares of the ride-sharing company's stock, valued at approximately $823,000.

Several other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC lifted its holdings in Uber Technologies by 3.4% in the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company's stock worth $4,491,000 after buying an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings 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. Bank Pictet & Cie Europe AG bought a new stake in shares of Uber Technologies in the 4th quarter worth about $395,000. Congress Wealth Management LLC DE increased its position in shares of Uber Technologies by 65.4% in the 4th quarter. Congress Wealth Management LLC DE now owns 28,999 shares of the ride-sharing company's stock worth $1,749,000 after purchasing an additional 11,466 shares during the last quarter. Finally, Dudley Capital Management LLC bought a new stake in shares of Uber Technologies in the 4th quarter worth about $274,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Uber Technologies

In other news, insider Jill Hazelbaker sold 34,884 shares of the firm'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 completion of the transaction, the insider directly owned 102,135 shares of the company's stock, valued at approximately $8,786,674.05. This trade represents a 25.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $95.00, for a total transaction of $261,250.00. Following the transaction, the chief financial officer directly owned 21,975 shares of the company's stock, valued at $2,087,625. The trade was a 11.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 40,384 shares of company stock valued at $3,496,071 over the last ninety days. 3.84% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on UBER shares. Sanford C. Bernstein boosted their target price on shares of Uber Technologies from $95.00 to $110.00 and gave the stock an "outperform" rating in a research report on Monday, July 21st. Citigroup boosted their price objective on shares of Uber Technologies from $92.00 to $102.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Canaccord Genuity Group reaffirmed a "hold" rating and set a $84.00 price objective (down previously from $90.00) on shares of Uber Technologies in a research report on Friday, June 27th. JPMorgan Chase & Co. boosted their price objective on shares of Uber Technologies from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Friday, July 11th. Finally, DA Davidson upped their target price on shares of Uber Technologies from $80.00 to $98.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Ten equities research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $100.26.

Uber Technologies Stock Performance

Uber Technologies stock traded up $0.44 during mid-day trading on Friday, reaching $91.31. The company had a trading volume of 13,845,668 shares, compared to its average volume of 16,021,651. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $97.71. The company has a 50 day moving average of $89.29 and a 200-day moving average of $79.51. The firm has a market cap of $190.94 billion, a price-to-earnings ratio of 15.99, a PEG ratio of 1.05 and a beta of 1.40.

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