Roundview Capital LLC Takes $674,000 Position in Uber Technologies, Inc. $UBER

Roundview Capital LLC acquired a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 7,219 shares of the ride-sharing company's stock, valued at approximately $674,000.

Several other large investors also recently modified their holdings of UBER. Kozak & Associates Inc. increased its holdings in Uber Technologies by 155.9% during the 1st 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. Noble Wealth Management PBC acquired a new stake in Uber Technologies during the 1st quarter valued at $27,000. Vision Financial Markets LLC acquired a new stake in Uber Technologies during the 1st quarter valued at $27,000. West Oak Capital LLC acquired a new position in Uber Technologies during the 2nd quarter worth about $28,000. Finally, GPS Wealth Strategies Group LLC lifted its position in Uber Technologies by 305.1% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 397 shares of the ride-sharing company's stock worth $29,000 after buying an additional 299 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Stock Down 2.2%

NYSE:UBER opened at $97.87 on Wednesday. Uber Technologies, Inc. has a 12-month low of $59.33 and a 12-month high of $101.99. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $204.10 billion, a P/E ratio of 16.67 and a beta of 1.48. The stock's fifty day simple moving average is $94.33 and its 200-day simple moving average is $87.47.

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UBER. Sanford C. Bernstein upped their price target on shares of Uber Technologies from $95.00 to $110.00 and gave the stock an "outperform" rating in a research report on Monday, July 21st. Morgan Stanley reiterated an "overweight" rating and set a $115.00 price target (up previously from $95.00) on shares of Uber Technologies in a research report on Monday, July 21st. Raymond James Financial upped their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the stock a "strong-buy" rating in a research report on Thursday, August 7th. JPMorgan Chase & Co. increased their price objective on Uber Technologies from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Friday, July 11th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Uber Technologies in a research report on Saturday, September 27th. Two analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, Uber Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $104.03.

Insider Activity

In other Uber Technologies news, insider Jill Hazelbaker sold 31,250 shares of Uber Technologies stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $96.42, for a total transaction of $3,013,125.00. Following the transaction, the insider directly owned 86,531 shares in the company, valued at approximately $8,343,319.02. The trade was a 26.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Nikki Krishnamurthy sold 11,571 shares of Uber Technologies stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $91.74, for a total value of $1,061,523.54. Following the transaction, 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 disclosure for this sale can be found here. In the last quarter, insiders sold 601,821 shares of company stock valued at $58,659,491. Company insiders own 3.70% of the company's stock.

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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