APEIRON CAPITAL Ltd Makes New $6.71 Million Investment in Uber Technologies, Inc. (NYSE:UBER)

APEIRON CAPITAL Ltd purchased a new stake in Uber Technologies, Inc. (NYSE:UBER) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 111,300 shares of the ride-sharing company’s stock, valued at approximately $6,714,000. Uber Technologies accounts for approximately 2.5% of APEIRON CAPITAL Ltd’s holdings, making the stock its 10th biggest holding.

Several other large investors also recently made changes to their positions in the stock. Geode Capital Management LLC raised its position in Uber Technologies by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 42,500,359 shares of the ride-sharing company’s stock valued at $3,184,013,000 after buying an additional 893,652 shares during the last quarter. Edgewood Management LLC raised its holdings in shares of Uber Technologies by 10.5% in the third quarter. Edgewood Management LLC now owns 27,552,060 shares of the ride-sharing company’s stock valued at $2,070,813,000 after purchasing an additional 2,627,768 shares during the last quarter. Legal & General Group Plc lifted its position in shares of Uber Technologies by 1.6% in the second quarter. Legal & General Group Plc now owns 15,238,477 shares of the ride-sharing company’s stock worth $1,107,529,000 after purchasing an additional 237,976 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Uber Technologies by 18.3% during the third quarter. Janus Henderson Group PLC now owns 13,286,812 shares of the ride-sharing company’s stock worth $998,767,000 after purchasing an additional 2,056,273 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Uber Technologies by 14.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 12,498,209 shares of the ride-sharing company’s stock valued at $939,365,000 after purchasing an additional 1,601,747 shares in the last quarter. Institutional investors own 80.24% of the company’s stock.

Insider Activity

In other news, insider Jill Hazelbaker sold 27,780 shares of the company’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 completion of the transaction, the insider now owns 107,289 shares of the company’s stock, valued at $7,821,368.10. This represents a 20.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 3.84% of the stock is owned by corporate insiders.

Uber Technologies Trading Up 2.5 %

Shares of UBER stock opened at $66.23 on Tuesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.41 and a current ratio of 1.41. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The company has a market cap of $139.46 billion, a PE ratio of 32.95, a P/E/G ratio of 0.75 and a beta of 1.36. The stock’s fifty day moving average price is $67.98 and its two-hundred day moving average price is $70.69.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.79. The business had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.99 billion. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. Uber Technologies’s revenue was up 20.4% compared to the same quarter last year. During the same period last year, the firm posted $0.10 earnings per share. Equities analysts predict that Uber Technologies, Inc. will post 1.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UBER has been the subject of a number of recent research reports. JMP Securities downgraded shares of Uber Technologies from an “outperform” rating to a “market perform” rating and set a $95.00 price objective for the company. in a research note on Thursday, January 2nd. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research report on Friday, November 1st. BMO Capital Markets reaffirmed an “outperform” rating and set a $92.00 price target on shares of Uber Technologies in a research report on Friday, October 11th. Truist Financial cut their price objective on Uber Technologies from $99.00 to $95.00 and set a “buy” rating for the company in a report on Friday, November 1st. Finally, Bank of America boosted their target price on shares of Uber Technologies from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Seven research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $91.53.

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.