Uber Technologies, Inc. (NYSE:UBER) Holdings Lifted by Lbp Am Sa

LBP AM SA boosted its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 8.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,211,730 shares of the ride-sharing company's stock after purchasing an additional 97,823 shares during the quarter. Uber Technologies makes up 1.4% of LBP AM SA's investment portfolio, making the stock its 14th biggest holding. LBP AM SA owned approximately 0.06% of Uber Technologies worth $88,287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of UBER. Vanguard Group Inc. boosted its position in shares of Uber Technologies by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 180,766,683 shares of the ride-sharing company's stock valued at $10,903,846,000 after purchasing an additional 2,364,525 shares during the period. Capital Research Global Investors raised its stake in shares of Uber Technologies by 79.0% during the 4th quarter. Capital Research Global Investors now owns 118,131,681 shares of the ride-sharing company's stock worth $7,125,728,000 after buying an additional 52,125,476 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Uber Technologies by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 43,561,447 shares of the ride-sharing company's stock worth $2,621,929,000 after buying an additional 1,061,088 shares in the last quarter. Capital World Investors raised its stake in shares of Uber Technologies by 10.1% during the 4th quarter. Capital World Investors now owns 30,355,075 shares of the ride-sharing company's stock worth $1,831,021,000 after buying an additional 2,792,039 shares in the last quarter. Finally, Norges Bank purchased a new position in Uber Technologies in the 4th quarter valued at approximately $1,467,754,000. Hedge funds and other institutional investors own 80.24% of the company's stock.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 34,884 shares of the company'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 transaction of $3,001,070.52. Following the sale, the insider directly owned 102,135 shares of the company's stock, valued at approximately $8,786,674.05. This represents a 25.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the stock in a transaction on Monday, July 7th. The stock was sold at an average price of $95.00, for a total value of $261,250.00. Following the completion of the sale, the chief financial officer directly owned 21,975 shares in the company, valued at $2,087,625. This represents a 11.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 40,384 shares of company stock worth $3,496,071. Corporate insiders own 3.70% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on UBER shares. KeyCorp lifted their price target on Uber Technologies from $80.00 to $90.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Needham & Company LLC reiterated a "buy" rating and set a $90.00 price objective on shares of Uber Technologies in a research report on Wednesday, May 7th. JMP Securities reiterated a "market perform" rating on shares of Uber Technologies in a research report on Thursday, May 15th. Stifel Nicolaus initiated coverage on Uber Technologies in a research report on Wednesday, June 11th. They set a "buy" rating and a $110.00 price objective for the company. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $82.00 price target on shares of Uber Technologies in a report on Monday, May 5th. Thirteen analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $95.97.

Uber Technologies Stock Down 1.0%

Shares of Uber Technologies stock traded down $0.96 on Wednesday, hitting $96.52. 14,837,383 shares of the company's stock traded hands, compared to its average volume of 21,209,953. The stock has a market cap of $201.84 billion, a P/E ratio of 16.90, a PEG ratio of 1.23 and a beta of 1.40. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.37. The firm's 50-day moving average is $87.63 and its 200 day moving average is $76.92. Uber Technologies, Inc. has a 52-week low of $54.84 and a 52-week high of $97.90.

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