Uber Technologies, Inc. (NYSE:UBER) Stock Holdings Lifted by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd grew its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 149.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 55,583 shares of the ride-sharing company’s stock after acquiring an additional 33,324 shares during the period. Uber Technologies comprises about 0.4% of Dynamic Technology Lab Private Ltd’s portfolio, making the stock its 20th largest holding. Dynamic Technology Lab Private Ltd’s holdings in Uber Technologies were worth $4,177,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of UBER. GHP Investment Advisors Inc. boosted its position in shares of Uber Technologies by 222.7% in the 2nd quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company’s stock valued at $26,000 after purchasing an additional 245 shares during the period. WR Wealth Planners LLC boosted its holdings in shares of Uber Technologies by 563.9% in the second quarter. WR Wealth Planners LLC now owns 405 shares of the ride-sharing company’s stock worth $29,000 after buying an additional 344 shares during the period. MCF Advisors LLC increased its position in shares of Uber Technologies by 1,038.5% in the second quarter. MCF Advisors LLC now owns 444 shares of the ride-sharing company’s stock worth $32,000 after acquiring an additional 405 shares in the last quarter. Founders Capital Management acquired a new stake in shares of Uber Technologies during the second quarter valued at approximately $33,000. Finally, Fairfield Financial Advisors LTD purchased a new stake in shares of Uber Technologies in the 2nd quarter valued at approximately $36,000. 80.24% of the stock is owned by institutional investors.

Insider Activity at Uber Technologies

In other news, insider Jill Hazelbaker sold 40,000 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $72.00, for a total value of $2,880,000.00. Following the completion of the transaction, the insider now owns 127,352 shares in the company, valued at approximately $9,169,344. This represents a 23.90 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 3.80% of the company’s stock.

Uber Technologies Stock Up 2.7 %

UBER opened at $71.51 on Monday. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The business has a 50 day moving average of $75.47 and a 200-day moving average of $71.13. The stock has a market capitalization of $150.58 billion, a price-to-earnings ratio of 35.58, a P/E/G ratio of 0.92 and a beta of 1.34. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.79. The company had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.99 billion. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The business’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period last year, the business posted $0.10 EPS. As a group, sell-side analysts anticipate that Uber Technologies, Inc. will post 1.83 earnings per share for the current year.

Wall Street Analyst Weigh In

UBER has been the topic of several research analyst reports. Cantor Fitzgerald reiterated an “overweight” rating and set a $90.00 price objective on shares of Uber Technologies in a research report on Monday, October 7th. Oppenheimer lifted their price target on Uber Technologies from $90.00 to $95.00 and gave the company an “outperform” rating in a report on Friday, September 27th. Roth Mkm upped their price target on Uber Technologies from $89.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, August 7th. Truist Financial decreased their price objective on Uber Technologies from $99.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Finally, Jefferies Financial Group upped their target price on Uber Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Six analysts have rated the stock with a hold rating, thirty-two have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and an average target price of $90.32.

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.