Register Financial Advisors LLC Takes $247,000 Position in Uber Technologies, Inc. (NYSE:UBER)

Register Financial Advisors LLC acquired a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,390 shares of the ride-sharing company's stock, valued at approximately $247,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of UBER. Clark Capital Management Group Inc. lifted its position in shares of Uber Technologies by 11,354.8% in the 4th quarter. Clark Capital Management Group Inc. now owns 402,522 shares of the ride-sharing company's stock worth $24,280,000 after purchasing an additional 399,008 shares during the period. UMB Bank n.a. raised its stake in Uber Technologies by 33.6% in the first quarter. UMB Bank n.a. now owns 12,210 shares of the ride-sharing company's stock worth $890,000 after buying an additional 3,073 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Uber Technologies by 65.0% during the fourth 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 during the period. Mufg Securities Americas Inc. bought a new stake in Uber Technologies during the 4th quarter valued at $1,875,000. Finally, APG Asset Management N.V. bought a new stake in Uber Technologies during the 4th quarter valued at $84,687,000. Institutional investors own 80.24% of the company's stock.

Insider Buying and Selling

In other news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $85.00, for a total value of $233,750.00. Following the transaction, the chief financial officer now directly owns 21,063 shares in the company, valued at $1,790,355. This trade represents a 11.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jill Hazelbaker sold 34,884 shares of the business's stock in a transaction dated 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 sale, the insider now owns 102,135 shares of the company's stock, valued at $8,786,674.05. The trade was a 25.46% decrease in their position. The disclosure for this sale can be found here. 3.84% of the stock is currently owned by company insiders.

Uber Technologies Price Performance

UBER stock traded up $6.35 during trading on Tuesday, hitting $91.59. The stock had a trading volume of 38,882,833 shares, compared to its average volume of 20,955,106. The stock has a market cap of $191.53 billion, a price-to-earnings ratio of 16.04, a price-to-earnings-growth 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. The company's 50 day moving average price is $83.77 and its two-hundred day moving average price is $74.60. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $93.60.

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

Analysts Set New Price Targets

UBER has been the subject of a number of analyst reports. JMP Securities restated a "market perform" rating on shares of Uber Technologies in a research note on Thursday, May 15th. DA Davidson lifted their target price on Uber Technologies from $80.00 to $98.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Wedbush lowered shares of Uber Technologies from an "outperform" rating to a "neutral" rating and increased their price target for the company from $80.00 to $85.00 in a research report on Thursday, May 8th. Wells Fargo & Company lifted their price objective on shares of Uber Technologies from $90.00 to $100.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Finally, TD Cowen decreased their target price on shares of Uber Technologies from $90.00 to $88.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Eleven research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $94.39.

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.