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Uber Technologies Inc [UBER] Investment Appeal on the Rise

Uber Technologies Inc’s recent filing unveils that its insider Hazelbaker Jill unloaded Company’s shares for reported $2.51 million on Feb 18 ’25. In the deal valued at $81.02 per share,31,000 shares were sold. As a result of this transaction, Hazelbaker Jill now holds 86,973 shares worth roughly $6.52 million.

Then, Jill Hazelbaker bought 49,093 shares, generating $3,898,966 in total proceeds.

Before that, Hazelbaker Jill sold 27,780 shares. Uber Technologies Inc shares valued at $2,025,165 were divested by the insider at a price of $72.90 per share. As a result of the transaction, Hazelbaker Jill now holds 107,289 shares, worth roughly $8.04 million.

JMP Securities downgraded its Uber Technologies Inc [UBER] rating to a Mkt perform from a a Mkt outperform in a research note published recently. A number of analysts have revised their coverage, including Gordon Haskett’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. The Benchmark Company began covering UBER with “Hold” recommendation on October 25, 2024. Daiwa Securities revised its rating on October 17, 2024. It rated UBER as “a Neutral” which previously was an “an Outperform”.

Price Performance Review of UBER

On Tuesday, Uber Technologies Inc [NYSE:UBER] saw its stock fall -1.92% to $74.95. Over the last five days, the stock has lost -8.03%. Uber Technologies Inc shares have risen nearly 24.25% since the year began. Nevertheless, the stocks have fallen -3.95% over the past one year. While a 52-week high of $87.00 was reached on 02/21/25, a 52-week low of $54.84 was recorded on 01/02/25. SMA at 50 days reached $68.05, while 200 days put it at $70.28.

Levels Of Support And Resistance For UBER Stock

The 24-hour chart illustrates a support level at 73.53, which if violated will result in even more drops to 72.11. On the upside, there is a resistance level at 76.37. A further resistance level may holdings at 77.79. The Relative Strength Index (RSI) on the 14-day chart is 52.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.44%. Stochastics %K at 71.25% indicates the stock is a holding.

The most recent change occurred on October 07, 2024 when Truist resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $99.

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