Uber Technologies, Inc. (NYSE:UBER) Insider Jill Hazelbaker Sells 31,000 Shares

Uber Technologies, Inc. (NYSE:UBER) insider Jill Hazelbaker sold 31,000 shares of Uber Technologies stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total value of $2,511,620.00. Following the completion of the sale, the insider now owns 86,973 shares in the company, valued at approximately $7,046,552.46. This represents a 26.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Jill Hazelbaker also recently made the following trade(s):

• On Monday, November 25th, Jill Hazelbaker sold 27,780 shares of Uber Technologies stock. The shares were sold at an average price of $72.90, for a total value of $2,025,162.00.

Uber Technologies Stock Performance

Uber Technologies stock traded down $0.32 during trading hours on Wednesday, reaching $81.17. 14,960,000 shares of the company were exchanged, compared to its average volume of 29,508,832. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00. The firm has a market cap of $170.93 billion, a price-to-earnings ratio of 17.80, a PEG ratio of 0.87 and a beta of 1.39. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. The stock has a 50-day moving average of $67.27 and a 200 day moving average of $71.04.

Uber Technologies (NYSE:UBER) last announced its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. As a group, research analysts anticipate that Uber Technologies, Inc. will post 2.52 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Loop Capital upped their price objective on Uber Technologies from $84.00 to $86.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Tigress Financial lifted their price target on Uber Technologies from $96.00 to $103.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Gordon Haskett raised Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a research note on Thursday, October 31st. DA Davidson lowered their target price on Uber Technologies from $84.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Finally, Bank of America raised their target price on shares of Uber Technologies from $88.00 to $96.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Seven investment analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $90.91.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. AMF Tjanstepension AB bought a new stake in Uber Technologies in the 3rd quarter valued at $163,468,000. Creative Planning boosted its stake in Uber Technologies by 34.0% during the third quarter. Creative Planning now owns 195,163 shares of the ride-sharing company’s stock worth $14,668,000 after buying an additional 49,491 shares in the last quarter. Stratos Wealth Advisors LLC increased its holdings in Uber Technologies by 3.9% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 5,327 shares of the ride-sharing company’s stock valued at $400,000 after buying an additional 202 shares during the period. Resonant Capital Advisors LLC acquired a new position in shares of Uber Technologies in the 3rd quarter valued at $231,000. Finally, OLD National Bancorp IN lifted its holdings in shares of Uber Technologies by 16.2% during the 3rd quarter. OLD National Bancorp IN now owns 11,111 shares of the ride-sharing company’s stock worth $835,000 after acquiring an additional 1,551 shares during the period. 80.24% of the stock is currently owned by institutional investors and hedge funds.

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.