The Insider Activity Report For Uber Technologies Inc. (UBER): Who’s Selling?

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Uber Technologies Inc. (NYSE:UBER) finished Thursday with a subtraction of -$1.89 to close at $28.58, a downside of -6.20 percent. An average of 29,771,379 shares of common stock have been traded in the last five days. There was a fall of -$4.55 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 25,460,350 shares traded, while the 50-day average volume stands at 28,507,045.

UBER stock has increased by 2.77% in the last month. The company shares reached their 1-month lowest point of $27.69 on 09/01/22. With the stock rallying to its 52-week high on 01/05/22, shares of the company touched a low of $19.90 and a high of $48.88 in 52 weeks. It has reached a new high 3 times so far this year and lost -31.84% or -$13.35 in price. In spite of this, the price is down -41.53% from the 52-week high.


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Insider Transactions

9 days have passed since Uber Technologies Inc. (UBER) last reported insider trading activity. West Tony, who is, most recently acquired $4,167 shares at $32.00 per share on Sep 14. In this transaction, the insider spent $133,344., West Tony, disposed of 87,841 shares at a price of $31.26 on Aug 04. The insider now owns more than $2,745,864 worth of shares.

Valuation Metrics

Uber Technologies Inc. (UBER) stock’s beta is 1.17. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.30, the price-to-book (PB) ratio at 8.43, and the price-to-cash flow ratio at 87.37.

Financial Health

The quick ratio of Uber Technologies Inc. for the three months ended June 29 was 1.00, and the current ratio was 1.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.39 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Its gross profit as reported stood at $8.1 billion compared to revenue of $17.45 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Uber Technologies Inc.’s return on assets was -28.90%.

Earnings Surprise

For the three-month period that ended June 29, Uber Technologies Inc. had $9.27 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$2.6 billion in the quarter, while revenues of -$5.93 billion were grew 143.98%. The analyst consensus anticipated Uber Technologies Inc.’s latest quarter earnings to come in at -$0.26 per share, but it turned out to be -$1.33, a -411.50% surprise. For the quarter, EBITDA amounted to -$468.0 million. Shareholders own equity worth $1.98 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Uber Technologies Inc. (UBER) price momentum. RSI 9-day as of the close on 22 September was 34.37%, suggesting the stock is Neutral, with historical volatility in this time frame at 52.70%.

As of today, UBER’s price is $30.79 -13.73% or -$4.55 from its 5-day moving average. UBER is currently trading -0.45% lower than its 20-day SMA and -9.21% lower than its 100-day SMA. However, the stock’s current price level is +32.93% above the SMA50 and -25.75% below the SMA200.

The stochastic %K and %D were 34.71% and 48.78%, respectively, and the average true range (ATR) was 1.50. With the 14-day stochastic at 4.96% and the average true range at 1.46, the RSI (14) stands at 42.29%. The stock has reached -1.37 on the 9-day MACD Oscillator while the 14-day reading was at -0.85.

Analyst Ratings

Raymond James upgraded Uber Technologies Inc. (NYSE: UBER) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a Mkt perform.

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