Uber Technologies, Inc. (NYSE:UBER) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 75.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,256,352 shares of the ride-sharing company's stock after purchasing an additional 4,402,382 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.50% of Uber Technologies worth $631,484,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UBER. Vanguard Group Inc. lifted its stake in Uber Technologies by 1.7% during the third quarter. Vanguard Group Inc. now owns 124,353,537 shares of the ride-sharing company's stock worth $5,719,019,000 after purchasing an additional 2,067,098 shares during the last quarter. Northern Trust Corp lifted its holdings in Uber Technologies by 2.9% in the third quarter. Northern Trust Corp now owns 12,356,034 shares of the ride-sharing company's stock worth $568,254,000 after purchasing an additional 351,575 shares during the period. Winslow Capital Management LLC increased its stake in Uber Technologies by 33.6% during the 3rd quarter. Winslow Capital Management LLC now owns 9,062,836 shares of the ride-sharing company's stock valued at $416,800,000 after buying an additional 2,278,252 shares during the period. Massachusetts Financial Services Co. MA acquired a new position in shares of Uber Technologies during the third quarter valued at approximately $272,625,000. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of Uber Technologies by 3.3% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,916,622 shares of the ride-sharing company's stock worth $302,716,000 after buying an additional 155,431 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Stock Down 1.5 %

Shares of Uber Technologies stock traded down $1.10 during trading on Tuesday, reaching $70.41. The stock had a trading volume of 24,218,295 shares, compared to its average volume of 19,825,625. 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 company has a market capitalization of $146.55 billion, a price-to-earnings ratio of 81.87, a P/E/G ratio of 1.09 and a beta of 1.39. Uber Technologies, Inc. has a 52 week low of $37.07 and a 52 week high of $82.14. The stock has a fifty day moving average price of $75.03 and a two-hundred day moving average price of $65.83.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.50. The company had revenue of $9.94 billion during the quarter, compared to analysts' expectations of $9.76 billion. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. The business's quarterly revenue was up 15.4% on a year-over-year basis. During the same period last year, the business earned $0.29 EPS. Sell-side analysts predict that Uber Technologies, Inc. will post 1.23 EPS for the current fiscal year.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 20,000 shares of the firm's stock in a transaction that occurred 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 transaction, the insider now directly owns 107,290 shares in the company, valued at $8,350,380.70. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, insider Jill Hazelbaker sold 20,000 shares of the firm's stock in a transaction dated 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 completion of the sale, the insider now directly owns 107,290 shares in the company, valued at approximately $8,350,380.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 value of $1,314,000.00. Following the transaction, the insider now directly owns 185,566 shares in the company, valued at approximately $13,004,465.28. The disclosure for this sale can be found here. Company insiders own 3.80% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Truist Financial lifted their price objective on shares of Uber Technologies from $90.00 to $94.00 and gave the stock a "buy" rating in a research report on Wednesday, March 27th. Gordon Haskett lowered shares of Uber Technologies from a "buy" rating to a "hold" rating and set a $66.00 price objective for the company. in a research note on Wednesday, January 24th. Oppenheimer reiterated an "outperform" rating and set a $90.00 price target on shares of Uber Technologies in a report on Monday, April 29th. JMP Securities reaffirmed a "market outperform" rating and issued a $85.00 price target on shares of Uber Technologies in a research report on Thursday, March 28th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Uber Technologies from $84.00 to $95.00 and gave the company an "overweight" rating in a research report on Thursday, February 15th. Two research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $81.65.

Uber Technologies Company 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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