Uber Technologies Inc’s recent filing unveils that its Officer Mahendra-Rajah Prashanth acquired Company’s shares for reported $0.23 million on May 05 ’25. In the deal valued at $84.94 per share,2,750 shares were bought.
Then, Mahendra-Rajah Prashanth sold 2,750 shares, generating $206,250 in total proceeds. Upon selling the shares at $75.00, the CFO now owns 22,162 shares.
Before that, Mahendra-Rajah Prashanth bought 2,750 shares. Uber Technologies Inc shares valued at $206,250 were divested by the Officer at a price of $75.00 per share.
Fox Advisors downgraded its Uber Technologies Inc [UBER] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in early January from “a Mkt outperform” to “a Mkt perform”. Gordon Haskett also remained covering UBER and has increased its forecast on October 31, 2024 with a “Buy” recommendation from previously “Hold” rating. The Benchmark Company started covering the stock on October 25, 2024. It rated UBER as “a Hold”.
Price Performance Review of UBER
On Monday, Uber Technologies Inc [NYSE:UBER] saw its stock jump 1.36% to $85.43. Over the last five days, the stock has gained 9.06%. Uber Technologies Inc shares have risen nearly 41.63% since the year began. Nevertheless, the stocks have risen 26.02% over the past one year. While a 52-week high of $87.00 was reached on 05/05/25, a 52-week low of $54.84 was recorded on 04/07/25. SMA at 50 days reached $74.31, while 200 days put it at $71.66.
Levels Of Support And Resistance For UBER Stock
The 24-hour chart illustrates a support level at 83.41, which if violated will result in even more drops to 81.39. On the upside, there is a resistance level at 87.01. A further resistance level may holdings at 88.59. The Relative Strength Index (RSI) on the 14-day chart is 70.93, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.77, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.45%. Stochastics %K at 93.23% indicates the stock is a selling.
