7,625 Shares in Uber Technologies, Inc. (NYSE:UBER) Acquired by Lloyd Advisory Services LLC.

Lloyd Advisory Services LLC. acquired a new stake in Uber Technologies, Inc. (NYSE:UBER) during the first quarter, according to its most recent filing with the SEC. The firm acquired 7,625 shares of the ride-sharing company’s stock, valued at approximately $587,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. CVA Family Office LLC acquired a new stake in Uber Technologies in the fourth quarter worth about $30,000. Highlander Capital Management LLC raised its stake in shares of Uber Technologies by 100.0% during the fourth quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company’s stock worth $31,000 after buying an additional 250 shares during the last quarter. Bfsg LLC acquired a new position in Uber Technologies in the fourth quarter valued at approximately $31,000. Blue Bell Private Wealth Management LLC lifted its holdings in Uber Technologies by 49.7% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 524 shares of the ride-sharing company’s stock valued at $32,000 after buying an additional 174 shares during the period. Finally, GW&K Investment Management LLC bought a new position in Uber Technologies in the fourth quarter valued at approximately $33,000. 80.24% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Tony West sold 28,000 shares of the stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $70.67, for a total value of $1,978,760.00. Following the completion of the sale, the insider now owns 96,945 shares of the company’s stock, valued at approximately $6,851,103.15. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO Dara Khosrowshahi sold 500,000 shares of Uber Technologies stock in a transaction dated Friday, May 17th. The stock was sold at an average price of $65.93, for a total transaction of $32,965,000.00. Following the completion of the transaction, the chief executive officer now owns 1,656,996 shares in the company, valued at $109,245,746.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Tony West sold 28,000 shares of the company’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $70.67, for a total value of $1,978,760.00. Following the completion of the sale, the insider now owns 96,945 shares in the company, valued at approximately $6,851,103.15. The disclosure for this sale can be found here. Insiders have sold 635,984 shares of company stock valued at $42,258,297 in the last 90 days. 3.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

UBER has been the topic of a number of analyst reports. Oppenheimer reissued an “outperform” rating and issued a $90.00 price target on shares of Uber Technologies in a research note on Wednesday, June 5th. Bank of America cut their target price on Uber Technologies from $91.00 to $87.00 and set a “buy” rating on the stock in a research note on Thursday, May 9th. Moffett Nathanson restated a “buy” rating and set a $92.00 target price on shares of Uber Technologies in a report on Thursday, April 11th. Wedbush reaffirmed an “outperform” rating and issued a $85.00 price target on shares of Uber Technologies in a research note on Wednesday, May 8th. Finally, Jefferies Financial Group reduced their price objective on shares of Uber Technologies from $103.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, May 9th. Two analysts have rated the stock with a hold rating and thirty have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $84.47.

Uber Technologies Stock Up 0.5 %

Uber Technologies stock opened at $70.54 on Tuesday. The company has a fifty day simple moving average of $67.93 and a 200 day simple moving average of $69.58. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.80. Uber Technologies, Inc. has a 1-year low of $40.09 and a 1-year high of $82.14. The company has a market cap of $147.39 billion, a P/E ratio of 113.77, a price-to-earnings-growth ratio of 1.54 and a beta of 1.37.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, May 8th. The ride-sharing company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.53). Uber Technologies had a net margin of 3.60% and a return on equity of 12.81%. The company had revenue of $10.13 billion during the quarter, compared to analyst estimates of $10.09 billion. During the same period in the prior year, the firm posted ($0.08) EPS. Uber Technologies’s revenue was up 14.8% compared to the same quarter last year. Research analysts anticipate that Uber Technologies, Inc. will post 0.84 earnings per share for the current fiscal year.

About Uber Technologies

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.