Alpine Woods Capital Investors LLC Buys 5,658 Shares of Uber Technologies, Inc. (NYSE:UBER)

Alpine Woods Capital Investors LLC increased its position in Uber Technologies, Inc. (NYSE:UBERFree Report) by 4.3% during the third quarter, Holdings Channel reports. The firm owned 136,069 shares of the ride-sharing company’s stock after buying an additional 5,658 shares during the quarter. Alpine Woods Capital Investors LLC’s holdings in Uber Technologies were worth $6,258,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. OFI Invest Asset Management acquired a new position in shares of Uber Technologies during the 3rd quarter worth approximately $26,000. Raleigh Capital Management Inc. boosted its holdings in shares of Uber Technologies by 66.5% during the second quarter. Raleigh Capital Management Inc. now owns 651 shares of the ride-sharing company’s stock worth $28,000 after acquiring an additional 260 shares during the period. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of Uber Technologies in the third quarter valued at approximately $28,000. JFS Wealth Advisors LLC lifted its holdings in Uber Technologies by 319.4% during the 3rd 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, Spotlight Asset Group Inc. bought a new stake in shares of Uber Technologies in the second quarter valued at about $33,000. Institutional investors and hedge funds own 74.07% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other news, CEO Dara Khosrowshahi sold 100,000 shares of Uber Technologies stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $52.84, for a total value of $5,284,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,016,243 shares in the company, valued at $53,698,280.12. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Uber Technologies news, insider Tony West sold 18,750 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $51.40, for a total value of $963,750.00. Following the transaction, the insider now directly owns 181,339 shares in the company, valued at approximately $9,320,824.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Dara Khosrowshahi sold 100,000 shares of Uber Technologies stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $52.84, for a total value of $5,284,000.00. Following the sale, the chief executive officer now owns 1,016,243 shares of the company’s stock, valued at approximately $53,698,280.12. The disclosure for this sale can be found here. Insiders have sold a total of 187,616 shares of company stock valued at $9,747,789 over the last three months. 3.84% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on UBER. Roth Mkm lifted their price target on shares of Uber Technologies from $61.00 to $62.00 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Wells Fargo & Company boosted their price target on Uber Technologies from $59.00 to $64.00 and gave the stock an “overweight” rating in a report on Wednesday, November 8th. The Goldman Sachs Group lifted their target price on shares of Uber Technologies from $59.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, January 11th. KeyCorp upped their price target on shares of Uber Technologies from $61.00 to $70.00 and gave the company an “overweight” rating in a research report on Tuesday, December 19th. Finally, Wedbush reiterated an “outperform” rating and set a $57.00 price target (up previously from $55.00) on shares of Uber Technologies in a report on Tuesday, November 7th. Two analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $60.42.

Read Our Latest Report on UBER

Uber Technologies Stock Up 1.1 %

Shares of UBER stock traded up $0.77 on Monday, hitting $68.84. The stock had a trading volume of 7,996,215 shares, compared to its average volume of 20,754,434. Uber Technologies, Inc. has a 12-month low of $29.22 and a 12-month high of $69.11. The stock has a market cap of $141.66 billion, a price-to-earnings ratio of 138.92 and a beta of 1.33. The business has a 50 day moving average of $61.85 and a 200 day moving average of $51.97. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.14 and a quick ratio of 1.14.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings results on Tuesday, November 7th. The ride-sharing company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.03). Uber Technologies had a net margin of 2.93% and a return on equity of 11.74%. The company had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.47 billion. As a group, analysts expect that Uber Technologies, Inc. will post 0.37 EPS for the current year.

Uber Technologies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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