Uber Technologies (NYSE:UBER) Shares Unloaded Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently sold shares of Uber Technologies, Inc. NYSE: UBER. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Uber Technologies stock on April 7th. The trade occurred in the Representative's "MERRILL LYNCH LONG TERM GROWTH" account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/30/2025.
• Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/22/2025.
• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 4/15/2025.
• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 4/11/2025.
• Sold $1,001 - $15,000 in shares of DT Midstream NYSE: DTM on 4/7/2025.
• Sold $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 4/7/2025.
• Sold $1,001 - $15,000 in shares of Howmet Aerospace NYSE: HWM on 4/7/2025.
• Sold $1,001 - $15,000 in shares of Carlisle Companies NYSE: CSL on 4/7/2025.

Uber Technologies Stock Performance

Shares of Uber Technologies stock traded up $0.45 during trading on Tuesday, reaching $92.91. The company's stock had a trading volume of 9,064,068 shares, compared to its average volume of 23,500,961. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. The business's 50-day moving average price is $76.76 and its 200-day moving average price is $72.07. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $93.60. The firm has a market cap of $194.28 billion, a PE ratio of 20.38, a P/E/G ratio of 0.89 and a beta of 1.43.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.33. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. The business had revenue of $11.53 billion during the quarter, compared to analysts' expectations of $11.61 billion. During the same quarter in the previous year, the company earned ($0.32) EPS. The business's revenue was up 13.8% on a year-over-year basis. Equities analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Institutional Trading of Uber Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of UBER. Navalign LLC increased its position in Uber Technologies by 0.5% during the 4th quarter. Navalign LLC now owns 25,468 shares of the ride-sharing company's stock valued at $1,536,000 after purchasing an additional 126 shares during the period. Grove Bank & Trust increased its position in shares of Uber Technologies by 0.9% during the first quarter. Grove Bank & Trust now owns 14,139 shares of the ride-sharing company's stock worth $1,030,000 after buying an additional 133 shares during the period. Forum Financial Management LP increased its position in shares of Uber Technologies by 1.3% during the first quarter. Forum Financial Management LP now owns 10,956 shares of the ride-sharing company's stock worth $798,000 after buying an additional 136 shares during the period. CBIZ Investment Advisory Services LLC lifted its holdings in Uber Technologies by 42.1% in the first quarter. CBIZ Investment Advisory Services LLC now owns 466 shares of the ride-sharing company's stock valued at $34,000 after buying an additional 138 shares during the period. Finally, Amplius Wealth Advisors LLC boosted its position in Uber Technologies by 3.6% during the first quarter. Amplius Wealth Advisors LLC now owns 4,140 shares of the ride-sharing company's stock valued at $302,000 after acquiring an additional 145 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on UBER. Bank of America boosted their price target on Uber Technologies from $96.00 to $97.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. JPMorgan Chase & Co. upped their target price on Uber Technologies from $92.00 to $105.00 and gave the company an "overweight" rating in a research report on Tuesday. The Goldman Sachs Group boosted their price target on Uber Technologies from $96.00 to $110.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Citigroup increased their price objective on shares of Uber Technologies from $92.00 to $102.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $82.00 target price on shares of Uber Technologies in a research report on Monday, May 5th. Eleven analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Uber Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $93.09.

Insider Buying and Selling at Uber Technologies

In other news, insider Jill Hazelbaker sold 34,884 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the insider now owns 102,135 shares of the company's stock, valued at $8,786,674.05. This trade represents a 25.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of Uber Technologies stock in a transaction on Monday, May 5th. The shares were sold at an average price of $85.00, for a total transaction of $233,750.00. Following the completion of the sale, the chief financial officer now owns 21,063 shares of the company's stock, valued at $1,790,355. This represents a 11.55% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 83,788 shares of company stock valued at $6,517,070. 3.84% of the stock is currently owned by insiders.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

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.