25,146 Shares in Uber Technologies, Inc. $UBER Purchased by MASTERINVEST Kapitalanlage GmbH

MASTERINVEST Kapitalanlage GmbH acquired a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) during the 2nd quarter, Holdings Channel reports. The fund acquired 25,146 shares of the ride-sharing company’s stock, valued at approximately $2,346,000.

Several other large investors have also bought and sold shares of the company. Brighton Jones LLC increased its position in shares of Uber Technologies by 3.4% during the fourth quarter. Brighton Jones LLC now owns 74,460 shares of the ride-sharing company’s stock valued at $4,491,000 after acquiring an additional 2,474 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Uber Technologies by 65.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 15,563 shares of the ride-sharing company’s stock valued at $939,000 after purchasing an additional 6,129 shares during the last quarter. Bison Wealth LLC increased its holdings in shares of Uber Technologies by 20.3% in the 4th quarter. Bison Wealth LLC now owns 3,792 shares of the ride-sharing company’s stock worth $229,000 after purchasing an additional 641 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Uber Technologies by 13.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,355,842 shares of the ride-sharing company’s stock worth $244,504,000 after purchasing an additional 397,359 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Uber Technologies by 18.2% in the first quarter. EverSource Wealth Advisors LLC now owns 11,609 shares of the ride-sharing company’s stock worth $846,000 after purchasing an additional 1,789 shares during the last quarter. 80.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on UBER. Wall Street Zen raised Uber Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Susquehanna reaffirmed a “positive” rating and set a $110.00 price target on shares of Uber Technologies in a report on Wednesday, November 5th. Guggenheim reduced their price target on shares of Uber Technologies from $140.00 to $135.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Wells Fargo & Company decreased their price objective on shares of Uber Technologies from $125.00 to $120.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. Finally, BTIG Research restated a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, November 4th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $108.60.

Uber Technologies Stock Performance

UBER opened at $85.13 on Monday. The company’s 50 day moving average is $91.78 and its 200 day moving average is $91.80. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. The company has a market cap of $176.88 billion, a price-to-earnings ratio of 10.94 and a beta of 1.19. Uber Technologies, Inc. has a 12-month low of $59.33 and a 12-month high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share for the quarter, topping the consensus estimate of $0.67 by $2.44. The business had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The company’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period last year, the firm earned $1.20 earnings per share. On average, equities research analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Buying and Selling

In related news, CEO Dara Khosrowshahi sold 150,000 shares of the firm’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $100.48, for a total value of $15,072,000.00. Following the transaction, the chief executive officer directly owned 982,544 shares of the company’s stock, valued at approximately $98,726,021.12. This trade represents a 13.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $94.41, for a total value of $519,255.00. Following the sale, the chief financial officer directly owned 20,330 shares of the company’s stock, valued at $1,919,355.30. This represents a 21.29% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 267,625 shares of company stock valued at $26,774,660. 3.70% of the stock is owned by company insiders.

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.