Real Talk Capital LLC Buys New Holdings in Uber Technologies, Inc. $UBER

Key Points

• Real Talk Capital LLC acquired a new stake in Uber Technologies by purchasing 2,855 shares, worth approximately $208,000, as disclosed in their recent SEC filing.
• Uber's stock price is currently around $94.72, with analysts projecting a EPS of 2.54 for the current fiscal year following a strong quarterly performance.
• A significant percentage, 80.24%, of Uber's stock is held by institutional investors and hedge funds, reflecting a strong interest from large investors.

Real Talk Capital LLC bought a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,855 shares of the ride-sharing company's stock, valued at approximately $208,000.

Other large investors have also modified their holdings of the company. Noble Wealth Management PBC acquired a new position in shares of Uber Technologies in the first quarter valued at $27,000. Kozak & Associates Inc. raised its stake in shares of Uber Technologies by 155.9% in the first quarter. Kozak & Associates Inc. now owns 366 shares of the ride-sharing company's stock valued at $27,000 after purchasing an additional 223 shares in the last quarter. Vision Financial Markets LLC acquired a new position in shares of Uber Technologies in the first quarter valued at $27,000. GPS Wealth Strategies Group LLC raised its stake in shares of Uber Technologies by 305.1% in the first quarter. GPS Wealth Strategies Group LLC now owns 397 shares of the ride-sharing company's stock valued at $29,000 after purchasing an additional 299 shares in the last quarter. Finally, Perkins Coie Trust Co raised its stake in shares of Uber Technologies by 306.0% in the first quarter. Perkins Coie Trust Co now owns 406 shares of the ride-sharing company's stock valued at $30,000 after purchasing an additional 306 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Price Performance

Shares of UBER stock opened at $94.72 on Friday. The stock's fifty day moving average is $92.57 and its 200-day moving average is $84.43. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a market capitalization of $197.53 billion, a PE ratio of 16.14, a PEG ratio of 1.08 and a beta of 1.43. Uber Technologies, Inc. has a 52 week low of $59.33 and a 52 week high of $97.71.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its earnings results on Wednesday, August 6th. The ride-sharing company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.61 by $0.02. The company had revenue of $12.65 billion for the quarter, compared to analysts' expectations of $12.45 billion. Uber Technologies had a return on equity of 59.96% and a net margin of 26.68%.The business's revenue for the quarter was up 18.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.47 earnings per share. Equities research analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Nikki Krishnamurthy sold 11,571 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $91.74, for a total transaction of $1,061,523.54. Following the sale, the senior vice president owned 416,222 shares in the company, valued at approximately $38,184,206.28. This represents a 2.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 value of $261,250.00. Following the transaction, the chief financial officer directly owned 21,975 shares in the company, valued at $2,087,625. This trade represents a 11.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 48,696 shares of company stock worth $4,632,774 over the last ninety days. Company insiders own 3.84% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on UBER shares. Susquehanna upped their price target on Uber Technologies from $100.00 to $105.00 and gave the company a "positive" rating in a research report on Thursday, August 7th. Wall Street Zen cut Uber Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. UBS Group upped their price target on Uber Technologies from $115.00 to $117.00 and gave the company a "buy" rating in a research report on Thursday, August 7th. KeyCorp upped their price target on Uber Technologies from $90.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, July 14th. Finally, JPMorgan Chase & Co. upped their price target on Uber Technologies from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $103.06.

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.

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