Insider Selling: Uber Technologies, Inc. (NYSE:UBER) Insider Sells 31,000 Shares of Stock

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 directly owns 86,973 shares in the company, valued at $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 Securities & Exchange Commission, which is accessible through this hyperlink.

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

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

Uber Technologies Price Performance

UBER stock opened at $78.89 on Friday. 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 company has a market capitalization of $164.79 billion, a PE ratio of 17.30, a P/E/G ratio of 0.89 and a beta of 1.39. Uber Technologies, Inc. has a 12-month low of $54.84 and a 12-month high of $87.00. The business’s fifty day moving average price is $67.67 and its 200 day moving average price is $71.11.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. On average, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Institutional Investors Weigh In On Uber Technologies

Large investors have recently bought and sold shares of the stock. Avion Wealth increased its holdings in Uber Technologies by 96.0% during the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock worth $26,000 after purchasing an additional 218 shares during the period. Transce3nd LLC purchased a new stake in Uber Technologies during the 4th quarter worth about $27,000. Fourth Dimension Wealth LLC purchased a new stake in Uber Technologies during the 4th quarter worth about $27,000. Runnymede Capital Advisors Inc. purchased a new stake in Uber Technologies during the 4th quarter worth about $28,000. Finally, GHP Investment Advisors Inc. increased its holdings in Uber Technologies by 85.1% during the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock worth $29,000 after purchasing an additional 223 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on UBER shares. Citizens Jmp lowered Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Arete Research raised Uber Technologies to a “hold” rating in a research note on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price target on shares of Uber Technologies in a research note on Wednesday, February 5th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $96.00 price target on shares of Uber Technologies in a research note on Thursday, January 2nd. Finally, Benchmark reissued a “hold” rating on shares of Uber Technologies in a research note on Friday, January 31st. Eight analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $90.91.

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.