In a filing, Uber Technologies Inc revealed its insider Hazelbaker Jill unloaded Company’s shares for reported $2.88 million on Sep 16 ’24. In the deal valued at $72.00 per share,40,000 shares were sold. As a result of this transaction, Hazelbaker Jill now holds 127,352 shares worth roughly $9.33 million.
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Then, Jill Hazelbaker bought 138,115 shares, generating $9,052,057 in total proceeds.
Before that, KHOSROWSHAHI DARA sold 500,000 shares. Uber Technologies Inc shares valued at $35,957,114 were divested by the Chief Executive Officer at a price of $71.91 per share. As a result of the transaction, KHOSROWSHAHI DARA now holds 1,266,114 shares, worth roughly $92.74 million.
Gordon Haskett upgraded its Uber Technologies Inc [UBER] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in late October with a ‘”a Hold”‘ rating. Daiwa Securities also remained covering UBER and has decreased its forecast on October 17, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Truist maintained its rating on October 07, 2024. It rated UBER as “a Buy”.
Price Performance Review of UBER
On Monday, Uber Technologies Inc [NYSE:UBER] saw its stock unchanged to $73.25. Over the last five days, the stock has lost -5.72%. Uber Technologies Inc shares have risen nearly 18.97% since the year began. Nevertheless, the stocks have risen 57.59% over the past one year. While a 52-week high of $87.00 was reached on 10/11/24, a 52-week low of $45.25 was recorded on 08/05/24. SMA at 50 days reached $75.36, while 200 days put it at $72.07.
Levels Of Support And Resistance For UBER Stock
The 24-hour chart illustrates a support level at 72.53, which if violated will result in even more drops to 71.82. On the upside, there is a resistance level at 74.09. A further resistance level may holdings at 74.94. The Relative Strength Index (RSI) on the 14-day chart is 40.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.17%. Stochastics %K at 20.30% indicates the stock is a holding.
How much short interest is there in Uber Technologies Inc?
A steep rise in short interest was recorded in Uber Technologies Inc stocks on 2024-10-15, growing by 3.43 million shares to a total of 55.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 51.74 million shares. There was a rise of 6.21%, which implies that there is a positive sentiment for the stock.
