Uber Technologies, Inc. (NYSE:UBER) Shares Sold by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC trimmed its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 4.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,306 shares of the ride-sharing company’s stock after selling 2,522 shares during the period. OneDigital Investment Advisors LLC’s holdings in Uber Technologies were worth $3,931,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in UBER. Price T Rowe Associates Inc. MD increased its holdings in shares of Uber Technologies by 37.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 36,425,981 shares of the ride-sharing company’s stock worth $2,804,437,000 after buying an additional 9,996,508 shares during the last quarter. GQG Partners LLC boosted its position in Uber Technologies by 74.1% during the 1st quarter. GQG Partners LLC now owns 22,423,451 shares of the ride-sharing company’s stock worth $1,726,381,000 after purchasing an additional 9,541,366 shares during the period. Ameriprise Financial Inc. boosted its position in Uber Technologies by 36.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,893,429 shares of the ride-sharing company’s stock worth $864,390,000 after purchasing an additional 3,179,308 shares during the period. Capital Research Global Investors boosted its position in Uber Technologies by 8.2% during the 1st quarter. Capital Research Global Investors now owns 39,947,547 shares of the ride-sharing company’s stock worth $3,075,562,000 after purchasing an additional 3,019,431 shares during the period. Finally, AMF Tjanstepension AB purchased a new stake in Uber Technologies during the 3rd quarter worth $163,468,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were 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 owns 127,352 shares of the company’s stock, valued at approximately $9,169,344. This trade represents a 23.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 3.84% of the company’s stock.

Uber Technologies Trading Up 2.5 %

Uber Technologies stock opened at $73.26 on Friday. The firm has a 50 day simple moving average of $75.40 and a 200-day simple moving average of $71.01. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.41 and a quick ratio of 1.41. The stock has a market capitalization of $154.26 billion, a PE ratio of 36.45, a price-to-earnings-growth ratio of 0.71 and a beta of 1.34. Uber Technologies, Inc. has a 12-month low of $53.15 and a 12-month high of $87.00.

Uber Technologies (NYSE:UBER) last issued its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.79. The firm had revenue of $11.19 billion during the quarter, compared to analysts’ expectations of $10.99 billion. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The firm’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period last year, the firm posted $0.10 earnings per share. As a group, equities research analysts expect that Uber Technologies, Inc. will post 1.83 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UBER. Morgan Stanley upped their price target on shares of Uber Technologies from $90.00 to $95.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 23rd. Oppenheimer upped their price objective on shares of Uber Technologies from $90.00 to $95.00 and gave the company an “outperform” rating in a research report on Friday, September 27th. Gordon Haskett raised shares of Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 price objective for the company in a research report on Thursday, October 31st. Roth Mkm upped their price objective on shares of Uber Technologies from $89.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, August 7th. Finally, KeyCorp cut their target price on shares of Uber Technologies from $90.00 to $85.00 and set an “overweight” rating on the stock in a research note on Friday, November 1st. Six investment analysts have rated the stock with a hold rating, thirty-two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $90.32.

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.