Campbell & CO Investment Adviser LLC Buys 23,221 Shares of Uber Technologies, Inc. $UBER

Campbell & CO Investment Adviser LLC boosted its stake in Uber Technologies, Inc. (NYSE:UBER) by 175.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,460 shares of the ride-sharing company’s stock after purchasing an additional 23,221 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Uber Technologies were worth $3,402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of UBER. Nova Wealth Management Inc. lifted its holdings in shares of Uber Technologies by 41.0% during the 1st quarter. Nova Wealth Management Inc. now owns 430 shares of the ride-sharing company’s stock worth $31,000 after acquiring an additional 125 shares during the last quarter. Atticus Wealth Management LLC lifted its stake in Uber Technologies by 39.8% during the second quarter. Atticus Wealth Management LLC now owns 446 shares of the ride-sharing company’s stock worth $42,000 after purchasing an additional 127 shares during the last quarter. Forum Financial Management LP lifted its stake in Uber Technologies by 1.3% during the first quarter. Forum Financial Management LP now owns 10,956 shares of the ride-sharing company’s stock worth $798,000 after purchasing an additional 136 shares during the last quarter. Crewe Advisors LLC boosted its holdings in shares of Uber Technologies by 18.6% in the 2nd quarter. Crewe Advisors LLC now owns 875 shares of the ride-sharing company’s stock worth $82,000 after purchasing an additional 137 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC increased its position in shares of Uber Technologies by 42.1% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 466 shares of the ride-sharing company’s stock valued at $34,000 after purchasing an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In related news, SVP Nikki Krishnamurthy sold 11,571 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $91.74, for a total transaction of $1,061,523.54. Following the completion of the transaction, the senior vice president owned 416,222 shares in the company, valued at $38,184,206.28. This represents a 2.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jill Hazelbaker sold 31,250 shares of Uber Technologies stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $96.42, for a total transaction of $3,013,125.00. Following the completion of the sale, the insider owned 86,531 shares in the company, valued at approximately $8,343,319.02. This trade represents a 26.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 604,946 shares of company stock worth $58,950,116 over the last three months. 3.84% of the stock is owned by corporate insiders.

Uber Technologies Trading Down 0.1%

Shares of UBER opened at $92.03 on Monday. The stock has a market capitalization of $191.21 billion, a P/E ratio of 11.83 and a beta of 1.46. Uber Technologies, Inc. has a twelve month low of $59.33 and a twelve month high of $101.99. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.37. The firm has a fifty day simple moving average of $95.46 and a two-hundred day simple moving average of $91.32.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Tuesday, November 4th. The ride-sharing company reported $3.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $2.44. The firm had revenue of $13.47 billion for the quarter, compared to analysts’ expectations of $13.25 billion. Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The company’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.20 earnings per share. On average, research analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Roth Capital boosted their target price on Uber Technologies from $93.00 to $110.00 and gave the stock a “buy” rating in a research report on Monday, July 14th. Cantor Fitzgerald lifted their price target on shares of Uber Technologies from $107.00 to $108.00 and gave the stock an “overweight” rating in a research note on Wednesday. KeyCorp upped their price objective on shares of Uber Technologies from $90.00 to $110.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $108.00 target price on shares of Uber Technologies in a report on Wednesday, October 29th. Finally, Susquehanna reissued a “positive” rating and issued a $110.00 price target on shares of Uber Technologies in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $108.26.

Uber Technologies 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.