4,472 Shares in Uber Technologies, Inc. (NYSE:UBER) Bought by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,472 shares of the ride-sharing company’s stock, valued at approximately $331,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of UBER. Transce3nd LLC purchased a new stake in shares of Uber Technologies in the 4th quarter valued at about $27,000. Fourth Dimension Wealth LLC purchased a new position in shares of Uber Technologies during the 4th quarter worth approximately $27,000. Kozak & Associates Inc. raised its stake in shares of Uber Technologies by 155.9% during the 1st quarter. Kozak & Associates Inc. now owns 366 shares of the ride-sharing company’s stock worth $27,000 after buying an additional 223 shares in the last quarter. Noble Wealth Management PBC purchased a new position in shares of Uber Technologies during the 1st quarter worth approximately $27,000. Finally, Runnymede Capital Advisors Inc. purchased a new position in shares of Uber Technologies during the 4th quarter worth approximately $28,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Trading Down 1.6%

Shares of Uber Technologies stock opened at $83.43 on Thursday. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $93.60. The firm has a market cap of $174.46 billion, a PE ratio of 14.61, a P/E/G ratio of 1.08 and a beta of 1.38. The business’s fifty day moving average is $83.05 and its two-hundred day moving average is $74.23. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.33. The business had revenue of $11.53 billion for the quarter, compared to analyst estimates of $11.61 billion. Uber Technologies had a return on equity of 66.46% and a net margin of 27.07%. The business’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the company posted ($0.32) EPS. Analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the stock in a transaction on Monday, May 5th. The stock was sold at an average price of $85.00, for a total value of $233,750.00. Following the transaction, the chief financial officer now directly owns 21,063 shares of the company’s stock, valued at approximately $1,790,355. This trade represents a 11.55% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jill Hazelbaker sold 34,884 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of $86.03, for a total value of $3,001,070.52. Following the completion of the transaction, the insider now directly owns 102,135 shares in the company, valued at $8,786,674.05. This trade represents a 25.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.84% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on UBER shares. Needham & Company LLC restated a “buy” rating and issued a $90.00 price target on shares of Uber Technologies in a report on Wednesday, May 7th. Royal Bank Of Canada restated an “outperform” rating and issued a $82.00 price target on shares of Uber Technologies in a report on Monday, May 5th. Stifel Nicolaus started coverage on Uber Technologies in a report on Wednesday, June 11th. They issued a “buy” rating and a $110.00 price target on the stock. KGI Securities restated a “neutral” rating and issued a $78.00 price target on shares of Uber Technologies in a report on Tuesday, March 11th. Finally, Bank of America upped their price target on Uber Technologies from $96.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, May 8th. Eleven equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $94.39.

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.