Uber Technologies, Inc. (NYSE:UBER) Stock Position Increased by Romano Brothers AND Company

Romano Brothers AND Company increased its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 264.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,412 shares of the ride-sharing company's stock after buying an additional 14,808 shares during the period. Romano Brothers AND Company's holdings in Uber Technologies were worth $1,487,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in Uber Technologies by 3.4% during the 4th quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company's stock worth $4,491,000 after purchasing an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of 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 in the last quarter. Golden State Equity Partners raised its position in shares of Uber Technologies by 754.8% in the fourth quarter. Golden State Equity Partners now owns 6,727 shares of the ride-sharing company's stock valued at $406,000 after buying an additional 5,940 shares during the last quarter. CENTRAL TRUST Co lifted its stake in shares of Uber Technologies by 281.3% during the fourth quarter. CENTRAL TRUST Co now owns 4,423 shares of the ride-sharing company's stock valued at $267,000 after buying an additional 3,263 shares during the period. Finally, One Wealth Advisors LLC acquired a new position in Uber Technologies in the 4th quarter valued at $200,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $75.00, for a total value of $206,250.00. Following the sale, the chief financial officer now owns 22,162 shares in the company, valued at approximately $1,662,150. This trade represents a 11.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Tony West sold 23,404 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $70.27, for a total value of $1,644,599.08. Following the completion of the transaction, the insider now directly owns 114,241 shares of the company's stock, valued at $8,027,715.07. This trade represents a 17.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 83,788 shares of company stock worth $6,517,070 over the last ninety days. 3.84% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have commented on the company. KeyCorp lifted their price target on Uber Technologies from $80.00 to $90.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Piper Sandler reaffirmed an "overweight" rating and set a $87.00 price target (up previously from $80.00) on shares of Uber Technologies in a research note on Tuesday, February 18th. Loop Capital reiterated a "buy" rating and issued a $105.00 price target (up previously from $89.00) on shares of Uber Technologies in a report on Wednesday, May 21st. Raymond James increased their target price on Uber Technologies from $95.00 to $100.00 and gave the stock a "strong-buy" rating in a research report on Thursday, May 8th. Finally, JPMorgan Chase & Co. lifted their target price on Uber Technologies from $92.00 to $105.00 and gave the company an "overweight" rating in a report on Tuesday, May 20th. Eleven investment analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Uber Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $93.91.

Uber Technologies Stock Up 1.0%

Shares of Uber Technologies stock traded up $0.87 on Friday, hitting $85.54. 16,477,273 shares of the company's stock traded hands, compared to its average volume of 20,689,249. The stock has a market cap of $178.88 billion, a P/E ratio of 18.78, a PEG ratio of 0.89 and a beta of 1.38. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a 52-week low of $54.84 and a 52-week high of $93.60. The firm's 50-day moving average is $80.13 and its 200 day moving average is $73.35.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data 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. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. The firm had revenue of $11.53 billion for the quarter, compared to analysts' expectations of $11.61 billion. During the same quarter in the prior year, the firm posted ($0.32) earnings per share. Uber Technologies's revenue for the quarter was up 13.8% compared to the same quarter last year. Equities analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

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.