Uber Technologies, Inc. (NYSE:UBER) Shares Bought by Capital International Sarl

Capital International Sarl raised its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 153,755 shares of the ride-sharing company's stock after buying an additional 10,898 shares during the quarter. Capital International Sarl's holdings in Uber Technologies were worth $9,275,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in UBER. Avion Wealth raised its position in Uber Technologies by 96.0% in the fourth quarter. Avion Wealth now owns 445 shares of the ride-sharing company's stock valued at $26,000 after purchasing an additional 218 shares during the last quarter. Runnymede Capital Advisors Inc. acquired a new stake in Uber Technologies during the 4th quarter valued at approximately $28,000. GHP Investment Advisors Inc. lifted its stake in shares of Uber Technologies by 85.1% in the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company's stock valued at $29,000 after purchasing an additional 223 shares during the period. Kieckhefer Group LLC bought a new stake in shares of Uber Technologies during the 4th quarter valued at about $33,000. Finally, Legacy Investment Solutions LLC lifted its stake in Uber Technologies by 3,038.9% in the fourth quarter. Legacy Investment Solutions LLC now owns 565 shares of the ride-sharing company's stock valued at $34,000 after buying an additional 547 shares during the period. Institutional investors own 80.24% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on UBER shares. TD Cowen reduced their target price on Uber Technologies from $90.00 to $88.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Needham & Company LLC reiterated a "buy" rating and set a $90.00 price objective on shares of Uber Technologies in a report on Wednesday, April 9th. Fox Advisors cut shares of Uber Technologies from an "overweight" rating to an "equal weight" rating in a research report on Tuesday, March 11th. Arete Research upgraded Uber Technologies to a "hold" rating in a report on Tuesday, February 18th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $82.00 price objective on shares of Uber Technologies in a research note on Thursday, February 6th. Ten investment analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $89.81.

Uber Technologies Stock Performance

Shares of UBER traded up $2.28 during mid-day trading on Tuesday, hitting $75.20. 5,926,956 shares of the company traded hands, compared to its average volume of 20,305,142. 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, Inc. has a 1 year low of $54.84 and a 1 year high of $87.00. The stock has a 50-day moving average price of $73.93 and a two-hundred day moving average price of $71.43. The stock has a market cap of $157.30 billion, a price-to-earnings ratio of 16.46, a P/E/G ratio of 0.89 and a beta of 1.37.

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

Insider Transactions at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 20,000 shares of the company's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $71.57, for a total transaction of $1,431,400.00. Following the completion of the sale, the senior vice president now directly owns 361,908 shares in the company, valued at $25,901,755.56. This represents a 5.24 % decrease in their position. The sale was disclosed in a document filed 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 that occurred on Thursday, March 20th. The stock was sold at an average price of $75.00, for a total transaction 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 approximately $1,662,150. The trade was a 11.04 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 77,154 shares of company stock worth $5,793,869. 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.