Uber Technologies, Inc. (NYSE:UBER) Director Amanda Ginsberg Purchases 543 Shares

Uber Technologies, Inc. (NYSE:UBER) Director Amanda Ginsberg bought 543 shares of the company’s stock in a transaction on Thursday, April 28th. The stock was purchased at an average price of $31.27 per share, with a total value of $16,979.61. Following the completion of the transaction, the director now directly owns 15,997 shares of the company’s stock, valued at approximately $500,226.19. The trade was a 3.51 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Uber Technologies Stock Performance

NYSE:UBER traded down $1.02 during trading hours on Thursday, reaching $60.21. The stock had a trading volume of 27,738,469 shares, compared to its average volume of 19,309,229. The stock has a market cap of $126.78 billion, a P/E ratio of 29.96, a price-to-earnings-growth ratio of 0.75 and a beta of 1.33. The stock has a 50 day simple moving average of $72.26 and a 200 day simple moving average of $71.22. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.41 and a current ratio of 1.41. Uber Technologies, Inc. has a 12-month low of $54.84 and a 12-month high of $87.00.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 EPS for the quarter, beating the consensus estimate of $0.41 by $0.79. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The business had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.99 billion. During the same period in the prior year, the firm earned $0.10 earnings per share. The company’s revenue was up 20.4% compared to the same quarter last year. On average, research analysts forecast that Uber Technologies, Inc. will post 1.89 EPS for the current fiscal year.

Institutional Investors Weigh In On Uber Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CENTRAL TRUST Co raised its stake in shares of Uber Technologies by 12.3% during the 3rd quarter. CENTRAL TRUST Co now owns 1,160 shares of the ride-sharing company’s stock valued at $87,000 after purchasing an additional 127 shares during the period. Procyon Advisors LLC lifted its stake in Uber Technologies by 2.1% in the 3rd quarter. Procyon Advisors LLC now owns 6,326 shares of the ride-sharing company’s stock worth $476,000 after purchasing an additional 131 shares in the last quarter. DT Investment Partners LLC boosted its holdings in Uber Technologies by 21.4% in the 3rd quarter. DT Investment Partners LLC now owns 821 shares of the ride-sharing company’s stock valued at $62,000 after purchasing an additional 145 shares during the period. Jmac Enterprises LLC boosted its holdings in Uber Technologies by 2.1% in the 3rd quarter. Jmac Enterprises LLC now owns 7,340 shares of the ride-sharing company’s stock valued at $552,000 after purchasing an additional 150 shares during the period. Finally, Wealthspire Advisors LLC increased its holdings in shares of Uber Technologies by 0.6% in the second quarter. Wealthspire Advisors LLC now owns 24,893 shares of the ride-sharing company’s stock worth $1,809,000 after purchasing an additional 151 shares during the period. Institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

UBER has been the subject of a number of research reports. Raymond James initiated coverage on shares of Uber Technologies in a report on Tuesday, September 24th. They issued a “strong-buy” rating and a $90.00 price objective for the company. Evercore ISI raised their price target on shares of Uber Technologies from $90.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. JMP Securities reissued a “market outperform” rating and issued a $95.00 price objective on shares of Uber Technologies in a research note on Wednesday, December 4th. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a research report on Friday, November 1st. Finally, Jefferies Financial Group upped their price target on Uber Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Six analysts have rated the stock with a hold rating, thirty-two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.51.

About Uber Technologies

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.