Uber Technologies, Inc. (NYSE:UBER) Shares Bought by Leavell Investment Management Inc.

Leavell Investment Management Inc. raised its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 34.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 27,361 shares of the ride-sharing company's stock after buying an additional 6,940 shares during the period. Leavell Investment Management Inc.'s holdings in Uber Technologies were worth $1,994,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Noble Wealth Management PBC purchased a new position in Uber Technologies in the 1st quarter worth approximately $27,000. Kozak & Associates Inc. lifted its stake in Uber Technologies by 155.9% in the 1st quarter. Kozak & Associates Inc. now owns 366 shares of the ride-sharing company's stock worth $27,000 after purchasing an additional 223 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its stake in Uber Technologies by 305.1% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 397 shares of the ride-sharing company's stock worth $29,000 after purchasing an additional 299 shares in the last quarter. Perkins Coie Trust Co lifted its stake in Uber Technologies by 306.0% in the 1st quarter. Perkins Coie Trust Co now owns 406 shares of the ride-sharing company's stock worth $30,000 after purchasing an additional 306 shares in the last quarter. Finally, Fourth Dimension Wealth LLC purchased a new position in Uber Technologies in the 4th quarter worth approximately $27,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Stock Down 1.1%

Shares of NYSE:UBER traded down $1.04 during trading on Friday, hitting $95.36. The company's stock had a trading volume of 12,442,436 shares, compared to its average volume of 21,206,819. The business has a 50 day moving average price of $88.25 and a two-hundred day moving average price of $77.30. The company has a market capitalization of $199.41 billion, a PE ratio of 16.88, a P/E/G ratio of 1.22 and a beta of 1.40. 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, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $97.72.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results 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 firm 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 company's revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.32) earnings per share. As a group, research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on UBER. Wells Fargo & Company raised their target price on shares of Uber Technologies from $100.00 to $120.00 and gave the stock an "overweight" rating in a research note on Monday. JPMorgan Chase & Co. lifted their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Friday. Loop Capital reaffirmed a "buy" rating and set a $105.00 price target (up previously from $89.00) on shares of Uber Technologies in a research report on Wednesday, May 21st. UBS Group lifted their price target on shares of Uber Technologies from $103.00 to $107.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $90.00 price target on shares of Uber Technologies in a research report on Wednesday, May 7th. Thirteen analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. According to data from MarketBeat, Uber Technologies presently has a consensus rating of "Moderate Buy" and an average price target of $96.12.

Uber Technologies Company 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.