Jill Hazelbaker Sells 27,780 Shares of Uber Technologies, Inc. (NYSE:UBER) Stock

Uber Technologies, Inc. (NYSE:UBER) insider Jill Hazelbaker sold 27,780 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the completion of the sale, the insider now owns 107,289 shares in the company, valued at approximately $7,821,368.10. This trade represents a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Monday, September 16th, Jill Hazelbaker sold 40,000 shares of Uber Technologies stock. The stock was sold at an average price of $72.00, for a total transaction of $2,880,000.00.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $71.62 on Friday. The stock has a market capitalization of $150.81 billion, a P/E ratio of 35.63, a P/E/G ratio of 0.91 and a beta of 1.34. The business has a 50-day moving average of $75.38 and a two-hundred day moving average of $71.20. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.41 and a quick ratio of 1.41.

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

Institutional Trading of Uber Technologies

Several large investors have recently modified their holdings of UBER. CENTRAL TRUST Co boosted its holdings in Uber Technologies by 12.3% during the third quarter. CENTRAL TRUST Co now owns 1,160 shares of the ride-sharing company’s stock valued at $87,000 after acquiring an additional 127 shares during the period. Procyon Advisors LLC boosted its stake in Uber Technologies by 2.1% during the 3rd quarter. Procyon Advisors LLC now owns 6,326 shares of the ride-sharing company’s stock valued at $476,000 after purchasing an additional 131 shares during the period. DT Investment Partners LLC grew 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 buying an additional 145 shares during the last quarter. Jmac Enterprises LLC increased its position 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 worth $552,000 after buying an additional 150 shares during the period. Finally, Wealthspire Advisors LLC lifted its holdings in shares of Uber Technologies by 0.6% during the second quarter. Wealthspire Advisors LLC now owns 24,893 shares of the ride-sharing company’s stock worth $1,809,000 after buying an additional 151 shares during the last quarter. 80.24% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UBER. Bank of America raised their target price on shares of Uber Technologies from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Roth Mkm raised their price objective on Uber Technologies from $89.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, August 7th. Cantor Fitzgerald restated an “overweight” rating and issued a $90.00 target price on shares of Uber Technologies in a report on Monday, October 7th. Truist Financial reduced their target price on Uber Technologies from $99.00 to $95.00 and set a “buy” rating for the company in a report on Friday, November 1st. Finally, Wells Fargo & Company dropped their price target on Uber Technologies from $97.00 to $90.00 and set an “overweight” rating on the stock in a research note on Friday, November 1st. Six research analysts have rated the stock with a hold rating, thirty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.