Uber Technologies Inc’s recent filing unveils that its Officer Jill Hazelbaker acquired Company’s shares for reported $8.15 million on Nov 07 ’24. In the deal valued at $74.36 per share,109,637 shares were bought.
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Then, Hazelbaker Jill sold 40,000 shares, generating $2,880,044 in total proceeds. Upon selling the shares at $72.00, the insider now owns 127,352 shares.
Before that, Jill Hazelbaker bought 138,115 shares. Uber Technologies Inc shares valued at $9,052,057 were divested by the Officer at a price of $65.54 per share.
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 fall -5.35% to $69.33. Over the last five days, the stock has lost -3.24%. Uber Technologies Inc shares have risen nearly 12.60% since the year began. Nevertheless, the stocks have risen 27.40% over the past one year. While a 52-week high of $87.00 was reached on 10/11/24, a 52-week low of $53.15 was recorded on 08/05/24. SMA at 50 days reached $75.47, while 200 days put it at $72.39.
Levels Of Support And Resistance For UBER Stock
The 24-hour chart illustrates a support level at 67.41, which if violated will result in even more drops to 65.48. On the upside, there is a resistance level at 71.65. A further resistance level may holdings at 73.96. The Relative Strength Index (RSI) on the 14-day chart is 35.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.54%. Stochastics %K at 20.32% 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 2024-10-31, dropping by -2.89 million shares to a total of 49.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 52.6 million shares. There was a decline of -5.82%, which implies that there is a negative sentiment for the stock.
