Uber Technologies, Inc. (NYSE:UBER) Shares Purchased by Wilbanks Smith & Thomas Asset Management LLC

Wilbanks Smith & Thomas Asset Management LLC grew its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 6.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,672 shares of the ride-sharing company’s stock after acquiring an additional 382 shares during the period. Wilbanks Smith & Thomas Asset Management LLC’s holdings in Uber Technologies were worth $411,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of UBER. Vanguard Group Inc. lifted its holdings in shares of Uber Technologies by 1.7% during the third quarter. Vanguard Group Inc. now owns 124,353,537 shares of the ride-sharing company’s stock valued at $5,719,019,000 after purchasing an additional 2,067,098 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Uber Technologies by 2.9% in the third quarter. Northern Trust Corp now owns 12,356,034 shares of the ride-sharing company’s stock worth $568,254,000 after buying an additional 351,575 shares during the period. Winslow Capital Management LLC increased its position in shares of Uber Technologies by 33.6% in the third quarter. Winslow Capital Management LLC now owns 9,062,836 shares of the ride-sharing company’s stock worth $416,800,000 after acquiring an additional 2,278,252 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in shares of Uber Technologies during the third quarter valued at approximately $272,625,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Uber Technologies by 1.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,853,970 shares of the ride-sharing company’s stock valued at $269,224,000 after acquiring an additional 84,744 shares in the last quarter. 80.24% of the stock is owned by institutional investors.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 20,000 shares of Uber Technologies stock in a transaction dated 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 sale, the insider now directly owns 107,290 shares of the company’s stock, valued at $8,350,380.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related 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 value of $1,556,600.00. Following the completion of the transaction, the insider now directly owns 107,290 shares in the company, valued at $8,350,380.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tony West sold 18,750 shares of Uber Technologies 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 sale, the insider now owns 185,566 shares in the company, valued at approximately $13,004,465.28. The disclosure for this sale can be found here. Corporate insiders own 3.84% of the company’s stock.

Uber Technologies Trading Up 1.0 %

Shares of NYSE:UBER opened at $69.23 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.19 and a current ratio of 1.19. The stock’s 50-day moving average is $75.33 and its 200-day moving average is $65.13. The company has a market cap of $144.09 billion, a P/E ratio of 80.50, a P/E/G ratio of 1.08 and a beta of 1.39. Uber Technologies, Inc. has a 52-week low of $36.69 and a 52-week high of $82.14.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.50. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The firm had revenue of $9.94 billion for the quarter, compared to analyst estimates of $9.76 billion. During the same quarter last year, the firm posted $0.29 EPS. The company’s revenue was up 15.4% on a year-over-year basis. Equities research analysts predict that Uber Technologies, Inc. will post 1.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

UBER has been the topic of several recent analyst reports. Bank of America boosted their target price on shares of Uber Technologies from $68.00 to $73.00 and gave the company a “buy” rating in a research note on Tuesday, January 30th. TheStreet raised Uber Technologies from a “c” rating to a “b-” rating in a research note on Wednesday, February 7th. Jefferies Financial Group lifted their target price on Uber Technologies from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, April 5th. Truist Financial increased their price target on shares of Uber Technologies from $90.00 to $94.00 and gave the stock a “buy” rating in a research report on Wednesday, March 27th. Finally, Citigroup boosted their price objective on shares of Uber Technologies from $83.00 to $91.00 and gave the company a “buy” rating in a research report on Friday, February 16th. Two research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $81.65.

Uber Technologies 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.