Uber Technologies, Inc. (NYSE:UBER) is Joho Capital LLC's 5th Largest Position

Joho Capital LLC lessened its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 20.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 991,900 shares of the ride-sharing company's stock after selling 252,000 shares during the quarter. Uber Technologies comprises about 10.4% of Joho Capital LLC's holdings, making the stock its 5th biggest holding. Joho Capital LLC's holdings in Uber Technologies were worth $59,831,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Welch & Forbes LLC lifted its stake in Uber Technologies by 3.9% in the fourth quarter. Welch & Forbes LLC now owns 3,936 shares of the ride-sharing company's stock valued at $237,000 after buying an additional 148 shares during the last quarter. Carlton Hofferkamp & Jenks Wealth Management LLC raised its position in Uber Technologies by 3.5% in the 4th quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 4,381 shares of the ride-sharing company's stock valued at $282,000 after purchasing an additional 150 shares during the last quarter. Drive Wealth Management LLC increased its stake in Uber Technologies by 3.1% in the fourth quarter. Drive Wealth Management LLC now owns 5,172 shares of the ride-sharing company's stock valued at $312,000 after purchasing an additional 155 shares during the period. Institute for Wealth Management LLC. raised its holdings in shares of Uber Technologies by 2.4% in the fourth quarter. Institute for Wealth Management LLC. now owns 6,606 shares of the ride-sharing company's stock valued at $398,000 after buying an additional 155 shares during the last quarter. Finally, Fairfield Financial Advisors LTD boosted its stake in shares of Uber Technologies by 34.0% during the fourth quarter. Fairfield Financial Advisors LTD now owns 670 shares of the ride-sharing company's stock worth $40,000 after buying an additional 170 shares during the period. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Trading Down 0.5 %

Uber Technologies stock traded down $0.36 during trading on Friday, hitting $77.74. The company's stock had a trading volume of 20,038,405 shares, compared to its average volume of 20,336,884. The stock's fifty day moving average is $73.60 and its 200 day moving average is $71.46. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The stock has a market capitalization of $162.62 billion, a price-to-earnings ratio of 17.05, a P/E/G ratio of 0.89 and a beta of 1.37. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. As a group, equities research analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Wolfe Research increased their price objective on Uber Technologies from $90.00 to $92.00 and gave the stock an "outperform" rating in a research report on Friday, January 3rd. JMP Securities reissued a "market perform" rating on shares of Uber Technologies in a research note on Thursday, February 6th. Arete Research upgraded shares of Uber Technologies to a "hold" rating in a research note on Tuesday, February 18th. Royal Bank of Canada reiterated an "outperform" rating and set a $82.00 price target on shares of Uber Technologies in a research note on Thursday, February 6th. Finally, Needham & Company LLC restated a "buy" rating and issued a $90.00 price objective on shares of Uber Technologies in a research report on Wednesday, April 9th. Ten research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Uber Technologies presently has an average rating of "Moderate Buy" and an average price target of $89.81.

Insiders Place Their Bets

In other news, SVP Nikki Krishnamurthy sold 20,000 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of $71.57, for a total value of $1,431,400.00. Following the completion of the sale, the senior vice president now owns 361,908 shares of the company's stock, valued at $25,901,755.56. This represents a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $75.00, for a total value of $206,250.00. Following the completion of the transaction, the chief financial officer now directly owns 22,162 shares in the company, valued at $1,662,150. This trade represents a 11.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 77,154 shares of company stock valued at $5,793,869 over the last quarter. Company insiders own 3.84% of the company's stock.

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.