Moody Lynn & Lieberson LLC Boosts Stock Position in Uber Technologies, Inc. (NYSE:UBER)

Moody Lynn & Lieberson LLC raised its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 15.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 186,287 shares of the ride-sharing company’s stock after purchasing an additional 24,844 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in Uber Technologies were worth $14,001,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Aptus Capital Advisors LLC boosted its stake in shares of Uber Technologies by 17.1% in the second quarter. Aptus Capital Advisors LLC now owns 9,468 shares of the ride-sharing company’s stock worth $688,000 after buying an additional 1,383 shares during the last quarter. Samlyn Capital LLC acquired a new position in Uber Technologies in the 2nd quarter worth about $134,987,000. Brookstone Capital Management raised its holdings in Uber Technologies by 19.0% in the 2nd quarter. Brookstone Capital Management now owns 161,494 shares of the ride-sharing company’s stock worth $11,082,000 after purchasing an additional 25,814 shares during the period. U.S. Capital Wealth Advisors LLC raised its holdings in Uber Technologies by 26.4% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 41,254 shares of the ride-sharing company’s stock worth $2,998,000 after purchasing an additional 8,614 shares during the period. Finally, DSM Capital Partners LLC raised its holdings in Uber Technologies by 2.2% in the 2nd quarter. DSM Capital Partners LLC now owns 2,253,377 shares of the ride-sharing company’s stock worth $163,775,000 after purchasing an additional 47,824 shares during the period. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 40,000 shares of Uber Technologies stock in a transaction on Monday, September 16th. The stock was sold at an average price of $72.00, for a total value of $2,880,000.00. Following the completion of the transaction, the insider now directly owns 127,352 shares in the company, valued at approximately $9,169,344. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.84% of the stock is currently owned by company insiders.

Uber Technologies Trading Down 1.8 %

UBER opened at $78.39 on Friday. The firm has a market cap of $164.69 billion, a P/E ratio of 86.14, a P/E/G ratio of 1.40 and a beta of 1.33. The business has a fifty day simple moving average of $74.98 and a 200-day simple moving average of $70.81. Uber Technologies, Inc. has a 52 week low of $40.09 and a 52 week high of $87.00. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.72.

Uber Technologies (NYSE:UBER) last released its earnings results on Tuesday, August 6th. The ride-sharing company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.16. The firm had revenue of $10.70 billion during the quarter, compared to analyst estimates of $10.57 billion. Uber Technologies had a return on equity of 17.06% and a net margin of 5.02%. Uber Technologies’s revenue was up 15.9% compared to the same quarter last year. During the same period last year, the business posted $0.18 earnings per share. On average, equities analysts expect that Uber Technologies, Inc. will post 1.08 earnings per share for the current year.

Analyst Upgrades and Downgrades

UBER has been the subject of a number of analyst reports. Benchmark assumed coverage on Uber Technologies in a report on Friday. They issued a “hold” rating for the company. Daiwa Capital Markets cut Uber Technologies from an “outperform” rating to a “neutral” rating and set a $84.00 target price for the company. in a report on Thursday, October 17th. Oppenheimer increased their target price on Uber Technologies from $90.00 to $95.00 and gave the company an “outperform” rating in a report on Friday, September 27th. Citigroup increased their target price on Uber Technologies from $96.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, August 7th. Finally, Evercore ISI increased their price target on Uber Technologies from $80.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. Seven analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $88.86.

Uber Technologies Company 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.