lifted its stake in shares of Uber Technologies by 645.6% in the second quarter. CIBC Asset Management Inc now owns 86,892 shares of the ride-sharing company’s stock valued at $2,303,000 after buying an additional 3,300 shares in the last quarter. CIBC Asset Management Inc lifted its stake in shares of Uber Technologies by 3.9% in the third quarter. Large investors have recently made changes to their positions in the business. Insiders own 4.06% of the company’s stock. The disclosure for this sale can be found here. Following the transaction, the insider now directly owns 166,973 shares in the company, valued at $5,433,301.42. The stock was sold at an average price of $32.54, for a total transaction of $135,594.18. Also, insider Tony West sold 4,167 shares of the stock in a transaction on Thursday, February 2nd. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Following the transaction, the insider now directly owns 80,750 shares of the company’s stock, valued at $2,504,865. The shares were sold at an average price of $31.02, for a total transaction of $1,957,362.00. In related news, insider Jill Hazelbaker sold 63,100 shares of the stock in a transaction on Tuesday, November 15th. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Following the sale, the insider now directly owns 80,750 shares of the company’s stock, valued at approximately $2,504,865. The shares were sold at an average price of $31.02, for a total value of $1,957,362.00. In other news, insider Jill Hazelbaker sold 63,100 shares of the company’s stock in a transaction on Tuesday, November 15th. According to data from, Uber Technologies has an average rating of “Moderate Buy” and a consensus target price of $47.42. Two research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. They issued a “buy” rating and a $38.00 price objective for the company. Finally, Jefferies Financial Group assumed coverage on shares of Uber Technologies in a report on Monday, January 9th. Needham & Company LLC reissued a “buy” rating and issued a $54.00 price objective on shares of Uber Technologies in a report on Monday, February 6th. Barclays cut their price objective on shares of Uber Technologies from $54.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday. Royal Bank of Canada set a $46.00 price objective on shares of Uber Technologies and gave the company an “outperform” rating in a report on Wednesday. Citigroup lifted their target price on shares of Uber Technologies from $48.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday. Several other brokerages also recently commented on UBER. Uber Technologies shares last traded at $35.17, with a volume of 11,947,449 shares trading hands. JMP Securities currently has a market outperform rating on the stock. The stock had previously closed at $35.89, but opened at $34.40. ( NYSE:UBER – Get Rating) gapped down prior to trading on Friday after JMP Securities lowered their price target on the stock from $65.00 to $55.00.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |