ST Germain D J Co. Inc. Purchases 7,246 Shares of Uber Technologies, Inc. (NYSE:UBER)

ST Germain D J Co. Inc. boosted its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 2.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 310,107 shares of the ride-sharing company's stock after purchasing an additional 7,246 shares during the period. Uber Technologies makes up 1.1% of ST Germain D J Co. Inc.'s portfolio, making the stock its 26th largest position. ST Germain D J Co. Inc.'s holdings in Uber Technologies were worth $22,594,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Avion Wealth boosted its holdings in Uber Technologies by 96.0% during the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company's stock valued at $26,000 after acquiring an additional 218 shares during the period. Transce3nd LLC purchased a new stake in Uber Technologies during the 4th quarter valued at about $27,000. Fourth Dimension Wealth LLC purchased a new stake in Uber Technologies during the 4th quarter valued at about $27,000. Runnymede Capital Advisors Inc. purchased a new stake in Uber Technologies during the 4th quarter valued at about $28,000. Finally, GHP Investment Advisors Inc. lifted its holdings in Uber Technologies by 85.1% in the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company's stock worth $29,000 after buying an additional 223 shares during the period. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies Stock Up 1.2%

Shares of Uber Technologies stock traded up $1.00 on Wednesday, reaching $83.53. The company's stock had a trading volume of 20,046,961 shares, compared to its average volume of 20,617,143. The company has a market capitalization of $174.68 billion, a price-to-earnings ratio of 18.32, a P/E/G ratio of 0.89 and a beta of 1.38. The firm's fifty day simple moving average is $79.68 and its two-hundred day simple moving average is $73.17. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $93.60. 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 (NYSE:UBER - Get Free Report) last posted 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 business had revenue of $11.53 billion during the quarter, compared to analyst estimates of $11.61 billion. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. The company's quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the company earned ($0.32) EPS. Equities analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insiders Place Their Bets

In other Uber Technologies news, insider Jill Hazelbaker sold 34,884 shares of Uber Technologies stock in a transaction on 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 completion of the sale, the insider now owns 102,135 shares of the company's stock, valued at approximately $8,786,674.05. This trade represents a 25.46% decrease in their position. The transaction 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 Uber Technologies stock in a transaction on Monday, May 5th. The stock was sold at an average price of $85.00, for a total value of $233,750.00. Following the completion of the sale, the chief financial officer now directly owns 21,063 shares of the company's stock, valued at approximately $1,790,355. The trade was a 11.55% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 83,788 shares of company stock valued at $6,517,070. Corporate insiders own 3.84% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on UBER shares. KeyCorp increased their price objective on Uber Technologies from $80.00 to $90.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. TD Cowen dropped their price objective on Uber Technologies from $90.00 to $88.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Fox Advisors cut Uber Technologies from an "overweight" rating to an "equal weight" rating in a report on Tuesday, March 11th. Royal Bank of Canada reiterated an "outperform" rating and issued a $82.00 price objective on shares of Uber Technologies in a report on Monday, May 5th. Finally, Cantor Fitzgerald reiterated an "overweight" rating and issued a $80.00 price objective on shares of Uber Technologies in a report on Wednesday, April 16th. Eleven analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Uber Technologies presently has an average rating of "Moderate Buy" and an average target price of $93.91.

About Uber Technologies

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.