Kampmann Melissa S. Sells 6,625 Shares of Uber Technologies, Inc. (NYSE:UBER)

Kampmann Melissa S. cut its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 8.9% during the 4th quarter, Holdings Channel reports. The firm owned 67,635 shares of the ride-sharing company’s stock after selling 6,625 shares during the quarter. Uber Technologies makes up approximately 3.2% of Kampmann Melissa S.’s holdings, making the stock its 11th largest holding. Kampmann Melissa S.’s holdings in Uber Technologies were worth $4,080,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Teachers Retirement System of The State of Kentucky boosted its holdings in Uber Technologies by 4.4% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 321,726 shares of the ride-sharing company’s stock worth $24,180,000 after purchasing an additional 13,433 shares during the last quarter. Polianta Ltd purchased a new position in Uber Technologies in the fourth quarter valued at about $1,206,000. Allworth Financial LP boosted its stake in Uber Technologies by 8.9% in the fourth quarter. Allworth Financial LP now owns 20,381 shares of the ride-sharing company’s stock valued at $1,229,000 after acquiring an additional 1,663 shares during the last quarter. Brophy Wealth Management LLC purchased a new position in Uber Technologies in the third quarter valued at about $1,041,000. Finally, Lecap Asset Management Ltd. purchased a new position in Uber Technologies in the fourth quarter valued at about $3,188,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UBER has been the topic of a number of research analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 target price on shares of Uber Technologies in a research note on Wednesday, February 5th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $80.00 target price on shares of Uber Technologies in a research note on Thursday, February 6th. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a research note on Friday, January 31st. Citigroup dropped their target price on shares of Uber Technologies from $98.00 to $92.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $96.00 price target on shares of Uber Technologies in a research note on Thursday, January 2nd. Ten analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.31.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $72.89 on Thursday. The company’s fifty day moving average price is $72.25 and its 200-day moving average price is $71.56. The firm has a market capitalization of $152.27 billion, a price-to-earnings ratio of 15.99, a PEG ratio of 0.89 and a beta of 1.39. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. On average, equities research analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 31,000 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the transaction, the insider now owns 86,973 shares of the company’s stock, valued at approximately $7,046,552.46. This trade represents a 26.28 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Tony West sold 23,404 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the transaction, the insider now directly owns 114,241 shares in the company, valued at approximately $8,027,715.07. This represents a 17.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 74,404 shares of company stock valued at $5,587,619. Insiders own 3.84% of the company’s stock.

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.