Uber Technologies, Inc. (NYSE:UBER) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. decreased its position in Uber Technologies, Inc. (NYSE:UBER) by 20.6% during the 4th quarter, Holdings Channel reports. The firm owned 340,042 shares of the ride-sharing company’s stock after selling 88,430 shares during the quarter. Vontobel Holding Ltd.’s holdings in Uber Technologies were worth $20,936,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Highlander Capital Management LLC grew its holdings in Uber Technologies by 100.0% in the fourth quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company’s stock valued at $31,000 after purchasing an additional 250 shares during the last quarter. Treasurer of the State of North Carolina boosted its stake in shares of Uber Technologies by 0.4% during the third quarter. Treasurer of the State of North Carolina now owns 877,589 shares of the ride-sharing company’s stock valued at $40,360,000 after acquiring an additional 3,530 shares during the last quarter. Compagnie Lombard Odier SCmA boosted its stake in shares of Uber Technologies by 73.0% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 33,535 shares of the ride-sharing company’s stock valued at $2,065,000 after acquiring an additional 14,153 shares during the last quarter. Financial Enhancement Group LLC acquired a new stake in shares of Uber Technologies during the fourth quarter valued at $1,112,000. Finally, Fifth Third Bancorp boosted its stake in shares of Uber Technologies by 54.3% during the fourth quarter. Fifth Third Bancorp now owns 68,894 shares of the ride-sharing company’s stock valued at $4,242,000 after acquiring an additional 24,247 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the completion of the transaction, the insider now owns 107,290 shares in the company, valued at approximately $8,350,380.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Jill Hazelbaker sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the completion of the transaction, the insider now owns 107,290 shares in the company, valued at approximately $8,350,380.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Tony West sold 18,750 shares of Uber Technologies stock in a transaction on Monday, February 12th. The shares were sold at an average price of $70.08, for a total value of $1,314,000.00. Following the sale, the insider now directly owns 185,566 shares in the company, valued at approximately $13,004,465.28. The disclosure for this sale can be found here. Insiders own 3.80% of the company’s stock.

Uber Technologies Price Performance

Shares of UBER opened at $73.40 on Tuesday. The firm has a market cap of $152.77 billion, a price-to-earnings ratio of 85.35, a PEG ratio of 1.21 and a beta of 1.36. The stock has a 50 day moving average of $76.83 and a 200-day moving average of $63.03. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.79. Uber Technologies, Inc. has a 52 week low of $29.22 and a 52 week high of $82.14.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.50. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The business had revenue of $9.94 billion during the quarter, compared to analyst estimates of $9.76 billion. During the same quarter in the previous year, the firm posted $0.29 EPS. The business’s revenue for the quarter was up 15.4% compared to the same quarter last year. As a group, analysts forecast that Uber Technologies, Inc. will post 1.2 EPS for the current year.

Wall Street Analyst Weigh In

UBER has been the topic of a number of research analyst reports. TheStreet raised Uber Technologies from a “c” rating to a “b-” rating in a research note on Wednesday, February 7th. Bank of America raised their price target on Uber Technologies from $68.00 to $73.00 and gave the stock a “buy” rating in a research note on Tuesday, January 30th. Citigroup raised their target price on Uber Technologies from $83.00 to $91.00 and gave the company a “buy” rating in a report on Friday, February 16th. Gordon Haskett downgraded Uber Technologies from a “buy” rating to a “hold” rating and set a $66.00 target price on the stock. in a report on Wednesday, January 24th. Finally, KeyCorp raised their target price on Uber Technologies from $79.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, February 15th. Two analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.21.

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.