First Bank & Trust Increases Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

First Bank & Trust boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 11.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 38,634 shares of the ride-sharing company's stock after purchasing an additional 3,868 shares during the period. First Bank & Trust's holdings in Uber Technologies were worth $2,815,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC lifted 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 acquiring an additional 2,474 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of Uber Technologies by 65.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company's stock valued at $939,000 after purchasing an additional 6,129 shares during the period. Bank Pictet & Cie Europe AG purchased a new stake in shares of Uber Technologies during the fourth quarter worth approximately $395,000. Smartleaf Asset Management LLC lifted its holdings in shares of Uber Technologies by 55.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 9,380 shares of the ride-sharing company's stock worth $570,000 after purchasing an additional 3,348 shares during the period. Finally, Modera Wealth Management LLC grew its position in Uber Technologies by 8.2% in the 4th quarter. Modera Wealth Management LLC now owns 5,579 shares of the ride-sharing company's stock valued at $337,000 after buying an additional 422 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Trading Up 1.5%

NYSE:UBER traded up $1.41 on Thursday, hitting $93.46. 8,112,562 shares of the stock were exchanged, compared to its average volume of 21,089,075. The stock has a fifty day moving average of $86.28 and a 200-day moving average of $75.86. The stock has a market cap of $195.43 billion, a PE ratio of 16.37, a PEG ratio of 1.17 and a beta of 1.40. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $94.38.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its earnings results on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $11.53 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the prior year, the company earned ($0.32) EPS. The company's revenue was up 13.8% on a year-over-year basis. As a group, equities analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 34,884 shares of Uber Technologies stock in a transaction on Monday, May 12th. The shares were sold at an average price of $86.03, for a total transaction of $3,001,070.52. Following the transaction, the insider owned 102,135 shares in the company, valued at approximately $8,786,674.05. The trade was a 25.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the company's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $85.00, for a total transaction of $233,750.00. Following the sale, the chief financial officer directly owned 21,063 shares of the company's stock, valued at approximately $1,790,355. This trade represents a 11.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.84% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Tigress Financial set a $110.00 price objective on shares of Uber Technologies and gave the company a "buy" rating in a research note on Friday, May 23rd. DA Davidson boosted their price target on shares of Uber Technologies from $80.00 to $98.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Canaccord Genuity Group restated a "hold" rating and issued a $84.00 price objective (down previously from $90.00) on shares of Uber Technologies in a research report on Friday, June 27th. Wells Fargo & Company lifted their price objective on Uber Technologies from $90.00 to $100.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Finally, TD Cowen cut their target price on Uber Technologies from $90.00 to $88.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Twelve analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $94.85.

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.