Jill Hazelbaker Sells 50,000 Shares of Uber Technologies, Inc. (NYSE:UBER) Stock

Uber Technologies, Inc. (NYSE:UBERGet Rating) insider Jill Hazelbaker sold 50,000 shares of the stock in a transaction that occurred on Friday, November 11th. The stock was sold at an average price of $30.01, for a total transaction of $1,500,500.00. Following the transaction, the insider now directly owns 145,750 shares of the company’s stock, valued at approximately $4,373,957.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Jill Hazelbaker also recently made the following trade(s):

  • On Tuesday, November 15th, Jill Hazelbaker sold 63,100 shares of Uber Technologies stock. The shares were sold at an average price of $31.02, for a total transaction of $1,957,362.00.

Uber Technologies Trading Down 4.8 %

Shares of UBER stock opened at $30.04 on Thursday. Uber Technologies, Inc. has a 12 month low of $19.90 and a 12 month high of $45.90. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.33. The business’s 50 day moving average is $28.59 and its two-hundred day moving average is $26.40. The company has a market cap of $59.91 billion, a PE ratio of -6.62 and a beta of 1.13.

Uber Technologies (NYSE:UBERGet Rating) last announced its quarterly earnings results on Tuesday, November 1st. The ride-sharing company reported ($0.61) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.44). Uber Technologies had a negative net margin of 30.45% and a negative return on equity of 90.49%. The company had revenue of $8.34 billion for the quarter, compared to analyst estimates of $8.08 billion. Equities analysts predict that Uber Technologies, Inc. will post -5.12 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on UBER shares. Cowen lowered their target price on shares of Uber Technologies from $76.00 to $70.00 and set an “outperform” rating on the stock in a report on Monday, October 24th. Truist Financial cut their price objective on shares of Uber Technologies from $67.00 to $60.00 and set a “buy” rating for the company in a research report on Monday, October 24th. Atlantic Securities boosted their target price on shares of Uber Technologies to $40.00 in a report on Monday, August 22nd. Needham & Company LLC boosted their target price on shares of Uber Technologies from $52.00 to $54.00 and gave the company a “buy” rating in a report on Wednesday, November 2nd. Finally, UBS Group lowered their target price on shares of Uber Technologies from $50.00 to $36.00 and set a “buy” rating for the company in a report on Wednesday, August 3rd. One analyst has rated the stock with a hold rating and twenty-seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $48.64.

Institutional Investors Weigh In On Uber Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. Integrated Advisors Network LLC acquired a new stake in shares of Uber Technologies in the first quarter worth $301,000. Global Retirement Partners LLC lifted its position in Uber Technologies by 6.1% in the second quarter. Global Retirement Partners LLC now owns 31,714 shares of the ride-sharing company’s stock worth $649,000 after purchasing an additional 1,823 shares during the period. Whittier Trust Co. lifted its position in Uber Technologies by 645.6% in the second quarter. Whittier Trust Co. now owns 81,571 shares of the ride-sharing company’s stock worth $1,668,000 after purchasing an additional 70,631 shares during the period. Great Valley Advisor Group Inc. lifted its position in Uber Technologies by 98.4% in the second quarter. Great Valley Advisor Group Inc. now owns 38,338 shares of the ride-sharing company’s stock worth $785,000 after purchasing an additional 19,018 shares during the period. Finally, Massmutual Trust Co. FSB ADV lifted its position in Uber Technologies by 8.7% in the second quarter. Massmutual Trust Co. FSB ADV now owns 73,685 shares of the ride-sharing company’s stock worth $1,508,000 after purchasing an additional 5,924 shares during the period. Institutional investors and hedge funds own 71.57% of the company’s stock.

Uber Technologies Company Profile

(Get Rating)

Uber Technologies, Inc develops and operates proprietary technology applications 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; and connects riders and other consumers with restaurants, grocers, and other stores with delivery service providers for meal preparation, grocery, and other delivery services.

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