First National Bank Sioux Falls Grows Stock Position in Uber Technologies, Inc. (NYSE:UBER)

First National Bank Sioux Falls raised its position in Uber Technologies, Inc. (NYSE:UBER) by 5.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,197 shares of the ride-sharing company’s stock after purchasing an additional 322 shares during the quarter. First National Bank Sioux Falls’ holdings in Uber Technologies were worth $382,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC lifted its holdings in shares of Uber Technologies by 16.1% in the 3rd quarter. International Assets Investment Management LLC now owns 9,514 shares of the ride-sharing company’s stock worth $429,000 after purchasing an additional 1,318 shares during the last quarter. RFG Advisory LLC acquired a new stake in shares of Uber Technologies during the third quarter worth $393,000. Leavell Investment Management Inc. acquired a new position in Uber Technologies during the third quarter valued at $246,000. State of Alaska Department of Revenue raised its position in Uber Technologies by 1.4% during the third quarter. State of Alaska Department of Revenue now owns 183,255 shares of the ride-sharing company’s stock valued at $8,427,000 after buying an additional 2,555 shares during the period. Finally, Onyx Bridge Wealth Group LLC raised its position in Uber Technologies by 2.9% during the third quarter. Onyx Bridge Wealth Group LLC now owns 8,689 shares of the ride-sharing company’s stock valued at $400,000 after buying an additional 245 shares during the period. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies Stock Performance

UBER stock traded up $1.82 on Tuesday, hitting $70.80. The company had a trading volume of 16,238,751 shares, compared to its average volume of 19,644,313. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.79. Uber Technologies, Inc. has a 12-month low of $29.22 and a 12-month high of $82.14. The stock has a market cap of $147.36 billion, a price-to-earnings ratio of 80.23, a P/E/G ratio of 1.10 and a beta of 1.36. The stock’s 50-day simple moving average is $76.89 and its 200 day simple moving average is $63.94.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.50. The company had revenue of $9.94 billion during the quarter, compared to analysts’ expectations of $9.76 billion. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. Uber Technologies’s quarterly revenue was up 15.4% on a year-over-year basis. During the same period last year, the company posted $0.29 earnings per share. As a group, equities research analysts expect that Uber Technologies, Inc. will post 1.22 earnings per share for the current fiscal year.

Insider Activity at Uber Technologies

In other news, insider Tony West sold 18,750 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $70.08, for a total value of $1,314,000.00. Following the completion of the sale, the insider now owns 185,566 shares in the company, valued at approximately $13,004,465.28. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, insider Tony West sold 18,750 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $70.08, for a total transaction of $1,314,000.00. Following the completion of the transaction, the insider now owns 185,566 shares in the company, valued at approximately $13,004,465.28. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jill Hazelbaker sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the sale, the insider now directly owns 107,290 shares in the company, valued at approximately $8,350,380.70. The disclosure for this sale can be found here. 3.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently weighed in on UBER shares. Roth Mkm increased their target price on Uber Technologies from $72.00 to $79.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Moffett Nathanson reiterated a “buy” rating and issued a $92.00 price objective on shares of Uber Technologies in a research report on Thursday, April 11th. KeyCorp raised their price target on Uber Technologies from $79.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, February 15th. UBS Group raised their price target on Uber Technologies from $94.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, February 15th. Finally, The Goldman Sachs Group lifted their target price on Uber Technologies from $59.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, January 11th. Two investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $78.94.

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.