Uber Technologies, Inc. (NYSE:UBER) Shares Bought by Hudson Value Partners LLC

Hudson Value Partners LLC increased its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 25.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,585 shares of the ride-sharing company's stock after buying an additional 5,410 shares during the period. Hudson Value Partners LLC's holdings in Uber Technologies were worth $1,937,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Brighton Jones LLC lifted its position in Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company's stock valued at $4,491,000 after acquiring an additional 2,474 shares during the last quarter. Revolve Wealth Partners LLC increased its position in Uber Technologies by 65.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company's stock valued at $939,000 after buying an additional 6,129 shares in the last quarter. Bank Pictet & Cie Europe AG acquired a new position in Uber Technologies during the 4th quarter valued at about $395,000. Wealthspire Advisors LLC raised its stake in Uber Technologies by 3.6% in the fourth quarter. Wealthspire Advisors LLC now owns 26,031 shares of the ride-sharing company's stock valued at $1,570,000 after buying an additional 905 shares during the last quarter. Finally, Howard Capital Management Inc. boosted its holdings in Uber Technologies by 6.4% in the fourth quarter. Howard Capital Management Inc. now owns 12,611 shares of the ride-sharing company's stock worth $761,000 after acquiring an additional 757 shares in the last quarter. Institutional investors own 80.24% of the company's stock.

Insider Buying and Selling at Uber Technologies

In related news, insider Jill Hazelbaker sold 34,884 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $86.03, for a total value of $3,001,070.52. Following the completion of 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the business'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 in the company, valued at approximately $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. 3.70% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

UBER has been the subject of a number of recent analyst reports. Truist Financial lifted their target price on shares of Uber Technologies from $90.00 to $92.00 and gave the stock a "buy" rating in a research note on Thursday, March 6th. Needham & Company LLC reiterated a "buy" rating and issued a $90.00 target price on shares of Uber Technologies in a research report on Wednesday, May 7th. KGI Securities reiterated a "neutral" rating and issued a $78.00 price objective on shares of Uber Technologies in a research note on Tuesday, March 11th. Barclays boosted their price objective on Uber Technologies from $86.00 to $97.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Finally, Citigroup raised their price objective on shares of Uber Technologies from $92.00 to $102.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Eleven investment analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $94.39.

Uber Technologies Stock Performance

NYSE:UBER traded up $1.46 during mid-day trading on Monday, reaching $85.24. The stock had a trading volume of 18,313,924 shares, compared to its average volume of 20,883,047. Uber Technologies, Inc. has a twelve month low of $54.84 and a twelve month high of $93.60. The business has a 50 day simple moving average of $83.53 and a 200 day simple moving average of $74.47. The firm has a market capitalization of $178.25 billion, a price-to-earnings ratio of 14.93, a PEG ratio of 1.07 and a beta of 1.38. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.02 and a current ratio of 1.02.

Uber Technologies (NYSE:UBER - Get Free Report) last issued 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 return on equity of 66.46% and a net margin of 27.07%. The business had revenue of $11.53 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the prior year, the business posted ($0.32) EPS. The company's revenue for the quarter was up 13.8% on a year-over-year basis. On average, analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

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.