Metis Global Partners LLC increased its holdings in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 75.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,816 shares of the ride-sharing company's stock after acquiring an additional 36,103 shares during the quarter. Metis Global Partners LLC's holdings in Uber Technologies were worth $5,161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently bought and sold shares of the company. Highlander Capital Management LLC lifted its stake in shares of Uber Technologies by 100.0% in the fourth quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company's stock worth $31,000 after buying an additional 250 shares in the last quarter. Treasurer of the State of North Carolina boosted its position in shares of Uber Technologies by 0.4% during the third quarter. Treasurer of the State of North Carolina now owns 877,589 shares of the ride-sharing company's stock valued at $40,360,000 after buying an additional 3,530 shares during the last quarter. Compagnie Lombard Odier SCmA increased its holdings in Uber Technologies by 73.0% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 33,535 shares of the ride-sharing company's stock worth $2,065,000 after buying an additional 14,153 shares in the last quarter. Financial Enhancement Group LLC bought a new stake in Uber Technologies in the 4th quarter worth about $1,112,000. Finally, Fifth Third Bancorp raised its position in Uber Technologies by 54.3% in the 4th quarter. Fifth Third Bancorp now owns 68,894 shares of the ride-sharing company's stock worth $4,242,000 after buying an additional 24,247 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Uber Technologies news, insider Jill Hazelbaker sold 20,000 shares of the stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the sale, the insider now owns 107,290 shares of the company's stock, valued at approximately $8,350,380.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Uber Technologies news, insider Tony West sold 18,750 shares of Uber Technologies stock in a transaction on Monday, February 12th. The shares were sold at an average price of $70.08, for a total value 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 filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jill Hazelbaker sold 20,000 shares of the stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total value of $1,556,600.00. Following the sale, the insider now owns 107,290 shares of the company's stock, valued at approximately $8,350,380.70. The disclosure for this sale can be found here. 3.84% of the stock is currently owned by insiders.
Uber Technologies Trading Up 1.0 %
Shares of NYSE UBER traded up $0.66 during trading hours on Friday, reaching $69.23. The stock had a trading volume of 15,557,671 shares, compared to its average volume of 18,839,496. Uber Technologies, Inc. has a 52-week low of $36.69 and a 52-week high of $82.14. The firm has a market cap of $144.09 billion, a price-to-earnings ratio of 80.50, a P/E/G ratio of 1.09 and a beta of 1.39. The business's fifty day moving average price is $75.33 and its two-hundred day moving average price is $65.43. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.79.
Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.50. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. The company had revenue of $9.94 billion for the quarter, compared to analysts' expectations of $9.76 billion. During the same period in the prior year, the business earned $0.29 EPS. The firm's quarterly revenue was up 15.4% on a year-over-year basis. Analysts expect that Uber Technologies, Inc. will post 1.23 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
UBER has been the topic of several research reports. Barclays raised their target price on shares of Uber Technologies from $63.00 to $86.00 and gave the stock an "overweight" rating in a report on Thursday, February 8th. Wells Fargo & Company upped their price target on shares of Uber Technologies from $90.00 to $95.00 and gave the company an "overweight" rating in a research report on Monday, April 8th. Piper Sandler raised their price objective on shares of Uber Technologies from $78.00 to $92.00 and gave the stock an "overweight" rating in a report on Friday, March 15th. BMO Capital Markets upped their target price on shares of Uber Technologies from $82.00 to $92.00 and gave the company an "outperform" rating in a report on Thursday, February 15th. Finally, Oppenheimer reissued an "outperform" rating and set a $90.00 price objective on shares of Uber Technologies in a research report on Monday, April 29th. Two equities research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company. According to MarketBeat.com, Uber Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $81.65.
Read Our Latest Analysis on UBER
About Uber Technologies
(
Free Report)
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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