Uber Technologies, Inc. (NYSE:UBER) Position Boosted by Parametrica Management Ltd

Parametrica Management Ltd raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 66.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,233 shares of the ride-sharing company’s stock after acquiring an additional 11,270 shares during the period. Uber Technologies makes up 2.3% of Parametrica Management Ltd’s holdings, making the stock its 12th largest position. Parametrica Management Ltd’s holdings in Uber Technologies were worth $1,703,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Avion Wealth increased its stake in shares of Uber Technologies by 96.0% during the fourth quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock valued at $26,000 after acquiring an additional 218 shares during the period. Runnymede Capital Advisors Inc. bought a new stake in Uber Technologies in the fourth quarter worth about $28,000. GHP Investment Advisors Inc. boosted its position in shares of Uber Technologies by 85.1% during the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock valued at $29,000 after purchasing an additional 223 shares in the last quarter. Kieckhefer Group LLC bought a new stake in shares of Uber Technologies in the 4th quarter worth approximately $33,000. Finally, Retirement Wealth Solutions LLC acquired a new position in Uber Technologies in the fourth quarter worth approximately $35,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Price Performance

NYSE:UBER opened at $75.59 on Wednesday. The company has a market capitalization of $157.91 billion, a price-to-earnings ratio of 16.58, a PEG ratio of 0.89 and a beta of 1.39. The company has a 50-day moving average of $73.06 and a 200-day moving average of $71.67. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07.

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

Analyst Ratings Changes

Several research firms have recently weighed in on UBER. Citizens Jmp lowered Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Wolfe Research increased their price objective on Uber Technologies from $90.00 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Wells Fargo & Company lowered their target price on Uber Technologies from $90.00 to $87.00 and set an “overweight” rating on the stock in a research note on Thursday, February 6th. JMP Securities reissued a “market perform” rating on shares of Uber Technologies in a research report on Thursday, February 6th. Finally, Citigroup cut their target price on shares of Uber Technologies from $98.00 to $92.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Ten equities research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $90.31.

Insider Buying and Selling at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 20,000 shares of Uber Technologies stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $71.57, for a total value of $1,431,400.00. Following the completion of the transaction, the senior vice president now owns 361,908 shares in the company, valued at approximately $25,901,755.56. The trade was a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jill Hazelbaker sold 31,000 shares of the 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 sale, the insider now owns 86,973 shares in the company, valued at approximately $7,046,552.46. This trade represents a 26.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 77,154 shares of company stock worth $5,793,869 over the last three months. Company insiders own 3.84% of the company’s stock.

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.