2 weeks Ago By ABMN Staff
Kampmann Melissa S. lessened its holdings in shares of Uber Technologies, Inc. ( NYSE:UBER – Free Report ) by 3.
7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,260 shares of the ride-sharing company’s stock after selling 3,000 shares during the quarter. Uber Technologies comprises 4.
2% of Kampmann Melissa S.’s investment portfolio, making the stock its 5th largest position. Kampmann Melissa S.
’s holdings in Uber Technologies were worth $5,688,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently modified their holdings of the company. Wealthspire Advisors LLC increased its stake in Uber Technologies by 0.
6% in the second quarter. Wealthspire Advisors LLC now owns 24,893 shares of the ride-sharing company’s stock valued at $1,809,000 after acquiring an additional 151 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Uber Technologies by 3.
3% during the 1st quarter. Sivia Capital Partners LLC now owns 4,882 shares of the ride-sharing company’s stock valued at $376,000 after buying an additional 157 shares in the last quarter. Wellington Shields Capital Management LLC lifted its position in Uber Technologies by 6.
1% in the 1st quarter. Wellington Shields Capital Management LLC now owns 2,756 shares of the ride-sharing company’s stock worth $212,000 after buying an additional 159 shares during the last quarter. Industrial Alliance Investment Management Inc.
boosted its stake in Uber Technologies by 3.2% in the first quarter. Industrial Alliance Investment Management Inc.
now owns 5,170 shares of the ride-sharing company’s stock worth $398,000 after buying an additional 160 shares in the last quarter. Finally, Quent Capital LLC grew its position in Uber Technologies by 6.6% during the first quarter.
Quent Capital LLC now owns 2,732 shares of the ride-sharing company’s stock valued at $210,000 after acquiring an additional 170 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Insider Transactions at Uber Technologies In related news, insider Jill Hazelbaker sold 40,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $72.00, for a total transaction of $2,880,000.
00. Following the sale, the insider now directly owns 127,352 shares of the company’s stock, valued at approximately $9,169,344. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website .
In related news, CEO Dara Khosrowshahi sold 500,000 shares of the firm’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $71.91, for a total transaction of $35,955,000.
00. Following the completion of the sale, the chief executive officer now owns 1,266,114 shares of the company’s stock, valued at $91,046,257.74.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, insider Jill Hazelbaker sold 40,000 shares of the company’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 directly owns 127,352 shares in the company, valued at $9,169,344.
The disclosure for this sale can be found here . 3.84% of the stock is owned by insiders.
Uber Technologies Price Performance Uber Technologies ( NYSE:UBER – Get Free Report ) last posted its quarterly earnings data on Tuesday, August 6th. The ride-sharing company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.
31 by $0.16. Uber Technologies had a return on equity of 17.
06% and a net margin of 5.02%. The company had revenue of $10.
70 billion during the quarter, compared to analyst estimates of $10.57 billion. During the same quarter last year, the company earned $0.
18 EPS. The firm’s revenue for the quarter was up 15.9% on a year-over-year basis.
Analysts anticipate that Uber Technologies, Inc. will post 1.06 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth A number of equities research analysts have recently issued reports on UBER shares. TD Cowen upped their price objective on shares of Uber Technologies from $88.00 to $90.
00 and gave the company a “buy” rating in a research note on Tuesday, July 23rd. JMP Securities upped their price target on shares of Uber Technologies from $75.00 to $80.
00 and gave the company a “market outperform” rating in a research report on Wednesday, August 7th. Morgan Stanley lifted their price objective on Uber Technologies from $90.00 to $95.
00 and gave the stock an “overweight” rating in a report on Tuesday, July 23rd. Roth Mkm increased their target price on Uber Technologies from $89.00 to $90.
00 and gave the company a “buy” rating in a report on Wednesday, August 7th. Finally, Citigroup lifted their price target on Uber Technologies from $96.00 to $98.
00 and gave the stock a “buy” rating in a research note on Wednesday, August 7th. Four analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.
com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.81. View Our Latest Research Report on Uber Technologies About Uber Technologies ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Uber Technologies, Inc. ( NYSE:UBER – Free Report ). Receive News & Ratings for Uber Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uber Technologies and related companies with MarketBeat.
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