4,504 Shares in Uber Technologies, Inc. (NYSE:UBER) Bought by Schnieders Capital Management LLC

Schnieders Capital Management LLC bought a new position in Uber Technologies, Inc. (NYSE:UBER) during the fourth quarter, HoldingsChannel reports. The fund bought 4,504 shares of the ride-sharing company’s stock, valued at approximately $277,000.

A number of other institutional investors also recently bought and sold shares of UBER. International Assets Investment Management LLC raised its holdings in Uber Technologies by 16.1% during the third quarter. International Assets Investment Management LLC now owns 9,514 shares of the ride-sharing company’s stock valued at $429,000 after acquiring an additional 1,318 shares during the period. RFG Advisory LLC bought a new stake in Uber Technologies during the third quarter valued at about $393,000. Impact Partnership Wealth LLC raised its holdings in Uber Technologies by 234.9% during the third quarter. Impact Partnership Wealth LLC now owns 1,333 shares of the ride-sharing company’s stock valued at $61,000 after acquiring an additional 935 shares during the period. DAVENPORT & Co LLC raised its holdings in Uber Technologies by 20.2% during the third quarter. DAVENPORT & Co LLC now owns 63,760 shares of the ride-sharing company’s stock valued at $2,932,000 after acquiring an additional 10,699 shares during the period. Finally, Park Place Capital Corp raised its holdings in Uber Technologies by 21.6% during the third quarter. Park Place Capital Corp now owns 7,921 shares of the ride-sharing company’s stock valued at $364,000 after acquiring an additional 1,408 shares during the period. 80.24% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, 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 transaction of $1,556,600.00. Following the transaction, the insider now directly owns 107,290 shares of the company’s stock, valued at $8,350,380.70. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other 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 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 sale was disclosed in a legal filing with the SEC, which is accessible 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 transaction, 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. 3.80% of the stock is currently owned by insiders.

Uber Technologies Trading Down 2.0 %

Shares of Uber Technologies stock traded down $1.44 on Wednesday, hitting $69.36. 27,162,343 shares of the company traded hands, compared to its average volume of 19,702,328. The stock’s 50 day moving average price is $76.92 and its 200-day moving average price is $64.12. 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, Inc. has a 52 week low of $29.22 and a 52 week high of $82.14. The company has a market cap of $144.37 billion, a PE ratio of 82.33, a PEG ratio of 1.09 and a beta of 1.36.

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on UBER. BTIG Research raised their price objective on Uber Technologies from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, February 22nd. Wells Fargo & Company raised their price objective on Uber Technologies from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. UBS Group raised their price objective on Uber Technologies from $94.00 to $96.00 and gave the company a “buy” rating in a research report on Thursday, February 15th. Bank of America raised their price objective on Uber Technologies from $68.00 to $73.00 and gave the company a “buy” rating in a research report on Tuesday, January 30th. Finally, Piper Sandler raised their price objective on Uber Technologies from $78.00 to $92.00 and gave the company an “overweight” rating in a research report on Friday, March 15th. Two equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $78.94.

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.