Uber Technologies Inc (NYSE:UBER) Director Travis Cordell Kalanick sold 518,471 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $28.11, for a total transaction of $14,574,219.81. Following the sale, the director now directly owns 28,075,678 shares of the company’s stock, valued at approximately $789,207,308.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Travis Cordell Kalanick also recently made the following trade(s):

  • On Thursday, December 5th, Travis Cordell Kalanick sold 4,265,223 shares of Uber Technologies stock. The shares were sold at an average price of $27.86, for a total transaction of $118,829,112.78.
  • On Monday, December 2nd, Travis Cordell Kalanick sold 482,871 shares of Uber Technologies stock. The stock was sold at an average price of $29.10, for a total transaction of $14,051,546.10.
  • On Friday, November 29th, Travis Cordell Kalanick sold 786,454 shares of Uber Technologies stock. The stock was sold at an average price of $29.61, for a total transaction of $23,286,902.94.
  • On Monday, November 25th, Travis Cordell Kalanick sold 1,982,110 shares of Uber Technologies stock. The stock was sold at an average price of $29.21, for a total value of $57,897,433.10.
  • On Friday, November 22nd, Travis Cordell Kalanick sold 3,604,149 shares of Uber Technologies stock. The shares were sold at an average price of $29.75, for a total value of $107,223,432.75.
  • On Wednesday, November 20th, Travis Cordell Kalanick sold 10,623,684 shares of Uber Technologies stock. The shares were sold at an average price of $27.86, for a total value of $295,975,836.24.
  • On Monday, November 18th, Travis Cordell Kalanick sold 2,121,290 shares of Uber Technologies stock. The shares were sold at an average price of $26.77, for a total value of $56,786,933.30.
  • On Friday, November 15th, Travis Cordell Kalanick sold 3,670,440 shares of Uber Technologies stock. The stock was sold at an average price of $26.61, for a total value of $97,670,408.40.
  • On Wednesday, November 13th, Travis Cordell Kalanick sold 1,412,310 shares of Uber Technologies stock. The stock was sold at an average price of $26.57, for a total value of $37,525,076.70.
  • On Monday, November 11th, Travis Cordell Kalanick sold 251,713 shares of Uber Technologies stock. The stock was sold at an average price of $27.15, for a total transaction of $6,834,007.95.

Shares of UBER stock opened at $27.89 on Wednesday. The business has a fifty day simple moving average of $29.36 and a 200 day simple moving average of $35.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.82 and a current ratio of 2.82. Uber Technologies Inc has a twelve month low of $25.58 and a twelve month high of $47.08.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Monday, November 4th. The ride-sharing company reported ($0.68) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.83) by $0.15. The business had revenue of $3.81 billion during the quarter, compared to analysts’ expectations of $3.68 billion. Uber Technologies had a negative net margin of 63.57% and a negative return on equity of 209.48%. Uber Technologies’s quarterly revenue was up 29.5% on a year-over-year basis. On average, equities research analysts expect that Uber Technologies Inc will post -6.91 EPS for the current fiscal year.

UBER has been the topic of a number of recent research reports. Zacks Investment Research raised Uber Technologies from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a research report on Monday, November 25th. Needham & Company LLC reissued a “buy” rating and set a $50.00 price target on shares of Uber Technologies in a research report on Tuesday, October 22nd. MKM Partners raised their price target on Uber Technologies to $34.00 in a research note on Tuesday, November 5th. Wedbush lowered their price target on Uber Technologies from $58.00 to $45.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Finally, JMP Securities reiterated an “outperform” rating on shares of Uber Technologies in a research note on Tuesday, August 13th. Eleven research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the stock. Uber Technologies has an average rating of “Buy” and a consensus price target of $48.95.

A number of hedge funds have recently modified their holdings of UBER. Golden State Wealth Management LLC boosted its stake in shares of Uber Technologies by 7.0% during the third quarter. Golden State Wealth Management LLC now owns 4,979 shares of the ride-sharing company’s stock valued at $152,000 after purchasing an additional 325 shares in the last quarter. Signaturefd LLC grew its stake in shares of Uber Technologies by 68.9% in the third quarter. Signaturefd LLC now owns 1,118 shares of the ride-sharing company’s stock worth $34,000 after purchasing an additional 456 shares during the last quarter. Lake Street Financial LLC increased its holdings in Uber Technologies by 7.1% in the third quarter. Lake Street Financial LLC now owns 7,925 shares of the ride-sharing company’s stock valued at $241,000 after purchasing an additional 525 shares during the period. IMA Wealth Inc. increased its holdings in Uber Technologies by 1.7% in the third quarter. IMA Wealth Inc. now owns 32,831 shares of the ride-sharing company’s stock valued at $1,000,000 after purchasing an additional 537 shares during the period. Finally, Avestar Capital LLC acquired a new stake in Uber Technologies in the second quarter valued at $27,000. Institutional investors and hedge funds own 45.02% of the company’s stock.

Uber Technologies Company Profile

Uber Technologies, Inc develops and supports proprietary technology applications that enable independent providers of ridesharing, and meal preparation and delivery services to transact with end-users worldwide. The company operates in two segments, Core Platform and Other Bets. Its driver partners provide ridesharing services through a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis, as well as based on the number of riders under the UberBLACK, UberX, UberPOOL, Express POOL, and Uber Bus names; and restaurant and delivery partners provide meal preparation and delivery services under the Uber Eats name.

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Insider Buying and Selling by Quarter for Uber Technologies (NYSE:UBER)

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