Compagnie Lombard Odier SCmA Purchases 497,763 Shares of Uber Technologies, Inc. (NYSE:UBER)

Compagnie Lombard Odier SCmA grew its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 998.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 547,616 shares of the ride-sharing company’s stock after buying an additional 497,763 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Uber Technologies were worth $33,032,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. AMF Tjanstepension AB bought a new position in shares of Uber Technologies in the third quarter worth $163,468,000. Exchange Traded Concepts LLC increased its position in shares of Uber Technologies by 395.8% in the third quarter. Exchange Traded Concepts LLC now owns 4,908 shares of the ride-sharing company’s stock worth $369,000 after purchasing an additional 3,918 shares during the period. ORG Partners LLC increased its position in shares of Uber Technologies by 142.9% in the third quarter. ORG Partners LLC now owns 651 shares of the ride-sharing company’s stock worth $49,000 after purchasing an additional 383 shares during the period. Wedge Capital Management L L P NC bought a new position in shares of Uber Technologies in the third quarter worth $277,000. Finally, CX Institutional increased its position in shares of Uber Technologies by 193.0% in the third quarter. CX Institutional now owns 8,957 shares of the ride-sharing company’s stock worth $673,000 after purchasing an additional 5,900 shares during the period. Institutional investors own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on UBER shares. Daiwa Capital Markets cut Uber Technologies from an “outperform” rating to a “neutral” rating and set a $84.00 price target on the stock. in a research report on Thursday, October 17th. DA Davidson decreased their price target on Uber Technologies from $84.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Daiwa America cut Uber Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 17th. Bank of America lifted their target price on Uber Technologies from $88.00 to $96.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Finally, Jefferies Financial Group lifted their target price on Uber Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Seven equities research analysts have rated the stock with a hold rating, twenty-eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $90.70.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the transaction, the insider now directly owns 107,289 shares of the company’s stock, valued at approximately $7,821,368.10. The trade was a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.84% of the company’s stock.

Uber Technologies Price Performance

Uber Technologies stock opened at $80.34 on Friday. The stock’s 50 day moving average is $65.71 and its 200 day moving average is $70.41. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. The firm has a market cap of $169.16 billion, a P/E ratio of 17.62, a P/E/G ratio of 0.81 and a beta of 1.39. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate 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, research analysts expect that Uber Technologies, Inc. will post 2.4 EPS for the current 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.