3,048 Shares in Uber Technologies, Inc. (NYSE:UBER) Acquired by Rakuten Securities Inc.

Rakuten Securities Inc. acquired a new position in Uber Technologies, Inc. (NYSE:UBER) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,048 shares of the ride-sharing company’s stock, valued at approximately $188,000.

A number of other large investors also recently bought and sold shares of UBER. OFI Invest Asset Management purchased a new position in Uber Technologies in the third quarter worth $26,000. Ritter Daniher Financial Advisory LLC DE grew its holdings in Uber Technologies by 2,545.5% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 582 shares of the ride-sharing company’s stock worth $27,000 after purchasing an additional 560 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC purchased a new position in Uber Technologies in the third quarter worth $28,000. JFS Wealth Advisors LLC grew its holdings in Uber Technologies by 319.4% in the third quarter. JFS Wealth Advisors LLC now owns 650 shares of the ride-sharing company’s stock worth $30,000 after purchasing an additional 495 shares during the last quarter. Finally, CVA Family Office LLC purchased a new position in Uber Technologies in the fourth quarter worth $30,000. Institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 20,000 shares of the company’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the completion of the transaction, the insider now owns 107,290 shares in the company, valued at approximately $8,350,380.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, insider Jill Hazelbaker sold 20,000 shares of the company’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the completion of the sale, the insider now owns 107,290 shares of the company’s stock, valued at approximately $8,350,380.70. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Tony West sold 18,750 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $70.08, for a total transaction of $1,314,000.00. Following the sale, the insider now directly owns 185,566 shares of the company’s stock, valued at approximately $13,004,465.28. The disclosure for this sale can be found here. Insiders own 3.84% of the company’s stock.

Analyst Upgrades and Downgrades

UBER has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and set a $90.00 price objective on shares of Uber Technologies in a report on Friday, April 5th. TheStreet raised shares of Uber Technologies from a “c” rating to a “b-” rating in a report on Wednesday, February 7th. JPMorgan Chase & Co. boosted their price objective on shares of Uber Technologies from $84.00 to $95.00 and gave the company an “overweight” rating in a report on Thursday, February 15th. Argus boosted their price objective on shares of Uber Technologies from $69.00 to $95.00 and gave the company a “buy” rating in a report on Monday, March 4th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $85.00 price objective on shares of Uber Technologies in a report on Thursday, February 15th. Two research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, Uber Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $78.21.

Uber Technologies Stock Down 3.0 %

UBER opened at $71.92 on Thursday. Uber Technologies, Inc. has a twelve month low of $29.22 and a twelve month high of $82.14. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.79. The company has a 50-day moving average price of $76.93 and a 200 day moving average price of $63.28. The company has a market cap of $149.69 billion, a PE ratio of 83.63, a price-to-earnings-growth ratio of 1.19 and a beta of 1.36.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.50. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. The firm had revenue of $9.94 billion during the quarter, compared to the consensus estimate of $9.76 billion. During the same quarter in the prior year, the firm earned $0.29 EPS. The company’s revenue for the quarter was up 15.4% on a year-over-year basis. Sell-side analysts expect that Uber Technologies, Inc. will post 1.2 earnings per share for the current fiscal year.

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.