Uber Technologies, Inc. (NYSE:UBER) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC trimmed its holdings in Uber Technologies, Inc. (NYSE:UBER) by 4.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,776 shares of the ride-sharing company’s stock after selling 735 shares during the quarter. Kintegral Advisory LLC’s holdings in Uber Technologies were worth $952,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Matauro LLC acquired a new position in Uber Technologies during the fourth quarter worth $1,228,000. Greystone Financial Group LLC raised its holdings in shares of Uber Technologies by 127.7% during the 4th quarter. Greystone Financial Group LLC now owns 23,982 shares of the ride-sharing company’s stock worth $1,447,000 after acquiring an additional 13,452 shares during the period. Paradigm Asset Management Co. LLC purchased a new position in shares of Uber Technologies during the 4th quarter worth $229,000. Investment Management Associates Inc. ADV boosted its position in shares of Uber Technologies by 29.5% during the 4th quarter. Investment Management Associates Inc. ADV now owns 434,309 shares of the ride-sharing company’s stock valued at $26,198,000 after acquiring an additional 98,942 shares during the last quarter. Finally, Compass Capital Corp MA ADV purchased a new stake in shares of Uber Technologies in the fourth quarter valued at about $1,186,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Stock Down 2.9 %

UBER stock opened at $78.89 on Friday. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The company’s 50 day moving average price is $68.05 and its 200 day moving average price is $71.25. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07. The firm has a market capitalization of $164.79 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 0.89 and a beta of 1.39.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, beating 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 EPS for the current fiscal year.

Insider Activity at Uber Technologies

In related news, insider Jill Hazelbaker sold 31,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total value of $2,511,620.00. Following the completion of the transaction, the insider now directly owns 86,973 shares of the company’s stock, valued at $7,046,552.46. This represents a 26.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.84% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on UBER shares. Citizens Jmp downgraded shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Arete Research raised shares of Uber Technologies to a “hold” rating in a research report on Tuesday, February 18th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $80.00 price objective on shares of Uber Technologies in a report on Thursday, February 6th. UBS Group reissued a “buy” rating on shares of Uber Technologies in a research note on Friday. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $96.00 target price on shares of Uber Technologies in a research report on Thursday, January 2nd. Eight investment analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $90.94.

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.