Uber Technologies, Inc. (NYSE:UBER) Shares Purchased by PFG Investments LLC

PFG Investments LLC increased its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 374.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,450 shares of the ride-sharing company's stock after purchasing an additional 50,080 shares during the period. PFG Investments LLC's holdings in Uber Technologies were worth $4,885,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of UBER. Financial Management Professionals Inc. raised its holdings in Uber Technologies by 111.6% during the first quarter. Financial Management Professionals Inc. now owns 383 shares of the ride-sharing company's stock worth $29,000 after purchasing an additional 202 shares in the last quarter. CVA Family Office LLC acquired a new position in shares of Uber Technologies in the 4th quarter valued at $30,000. Highlander Capital Management LLC raised its stake in shares of Uber Technologies by 100.0% in the 4th quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company's stock valued at $31,000 after acquiring an additional 250 shares during the period. Bfsg LLC purchased a new position in shares of Uber Technologies in the 4th quarter valued at $31,000. Finally, Blue Bell Private Wealth Management LLC increased its stake in Uber Technologies by 49.7% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 524 shares of the ride-sharing company's stock worth $32,000 after buying an additional 174 shares during the period. Institutional investors and hedge funds own 80.24% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on UBER shares. UBS Group lifted their price target on shares of Uber Technologies from $94.00 to $96.00 and gave the company a "buy" rating in a report on Thursday, February 15th. Bank of America lifted their target price on shares of Uber Technologies from $68.00 to $73.00 and gave the stock a "buy" rating in a research report on Tuesday, January 30th. Jefferies Financial Group boosted their target price on shares of Uber Technologies from $95.00 to $100.00 and gave the stock a "buy" rating in a research report on Friday, April 5th. JPMorgan Chase & Co. boosted their target price on shares of Uber Technologies from $84.00 to $95.00 and gave the stock an "overweight" rating in a research report on Thursday, February 15th. Finally, Truist Financial boosted their price objective on shares of Uber Technologies from $90.00 to $94.00 and gave the stock a "buy" rating in a research note on Wednesday, March 27th. Two equities research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $78.94.

Uber Technologies Price Performance

Shares of UBER traded down $0.26 during trading hours on Friday, reaching $69.05. 16,187,639 shares of the company's stock traded hands, compared to its average volume of 17,118,054. The stock has a market cap of $143.72 billion, a PE ratio of 80.29, a price-to-earnings-growth ratio of 1.10 and a beta of 1.36. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.79. The firm's 50 day simple moving average is $76.30 and its 200-day simple moving average is $64.48. Uber Technologies, Inc. has a 12 month low of $29.22 and a 12 month high of $82.14.

Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.50. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The company had revenue of $9.94 billion during the quarter, compared to the consensus estimate of $9.76 billion. During the same quarter in the previous year, the company posted $0.29 EPS. Uber Technologies's quarterly revenue was up 15.4% compared to the same quarter last year. Equities analysts expect that Uber Technologies, Inc. will post 1.22 EPS for the current year.

Insider Buying and Selling at Uber Technologies

In other news, insider Tony West sold 18,750 shares of the business's stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $70.08, for a total transaction of $1,314,000.00. Following the transaction, the insider now directly owns 185,566 shares of the company's stock, valued at $13,004,465.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, insider Tony West sold 18,750 shares of the company's stock in a transaction on Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the sale, the insider now directly owns 185,566 shares of the company's stock, valued at $13,004,465.28. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Jill Hazelbaker sold 20,000 shares of the company's stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total value of $1,556,600.00. Following the completion of the sale, the insider now directly owns 107,290 shares in the company, valued at $8,350,380.70. The disclosure for this sale can be found here. Corporate insiders own 3.84% 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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