Uber Technologies, Inc. (NYSE:UBER) Insider Sells $372,515.00 in Stock

Uber Technologies, Inc. (NYSE:UBER) insider Tony West sold 6,500 shares of the firm’s stock in a transaction that occurred on Monday, April 5th. The shares were sold at an average price of $57.31, for a total value of $372,515.00. Following the completion of the sale, the insider now directly owns 189,108 shares in the company, valued at approximately $10,837,779.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Tony West also recently made the following trade(s):

  • On Friday, January 15th, Tony West sold 40,000 shares of Uber Technologies stock. The shares were sold at an average price of $56.79, for a total value of $2,271,600.00.

Uber Technologies stock opened at $56.89 on Thursday. The firm has a market capitalization of $105.87 billion, a P/E ratio of -14.29 and a beta of 1.60. Uber Technologies, Inc. has a 1 year low of $25.79 and a 1 year high of $64.05. The business has a 50-day moving average of $56.15 and a 200-day moving average of $49.68. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.69.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, February 10th. The ride-sharing company reported ($0.54) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.53) by ($0.01). Uber Technologies had a negative return on equity of 43.27% and a negative net margin of 53.12%. The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.56 billion. During the same quarter in the previous year, the firm posted ($0.64) earnings per share. Uber Technologies’s quarterly revenue was down 15.5% compared to the same quarter last year. Research analysts anticipate that Uber Technologies, Inc. will post -3.86 EPS for the current fiscal year.

Several large investors have recently added to or reduced their stakes in UBER. AXA S.A. bought a new position in shares of Uber Technologies during the 3rd quarter valued at about $25,000. Regent Peak Wealth Advisors LLC bought a new position in shares of Uber Technologies during the 4th quarter valued at about $25,000. DB Wealth Management Group LLC bought a new position in shares of Uber Technologies during the 4th quarter valued at about $26,000. Parkside Financial Bank & Trust lifted its holdings in shares of Uber Technologies by 245.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 553 shares of the ride-sharing company’s stock valued at $28,000 after purchasing an additional 393 shares in the last quarter. Finally, Concord Wealth Partners bought a new position in shares of Uber Technologies during the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 70.59% of the company’s stock.

A number of analysts have commented on the company. Cowen raised their price objective on Uber Technologies from $64.00 to $74.00 and gave the stock an “outperform” rating in a research report on Thursday, February 11th. Mizuho raised their target price on Uber Technologies from $63.00 to $72.00 and gave the stock a “buy” rating in a research report on Thursday, February 11th. Morgan Stanley raised their target price on Uber Technologies from $70.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 31st. Wolfe Research started coverage on Uber Technologies in a research report on Thursday, April 1st. They set an “outperform” rating and a $73.00 target price for the company. Finally, Jefferies Financial Group started coverage on Uber Technologies in a research report on Thursday, April 1st. They set a “buy” rating and a $75.00 target price for the company. Four analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $63.38.

About Uber Technologies

Uber Technologies, Inc develops and operates proprietary technology applications primarily in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services, as well as connect consumers with restaurants and food delivery service providers for meal preparation and delivery services.

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Insider Buying and Selling by Quarter for Uber Technologies (NYSE:UBER)

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