Uber Technologies Inc’s filing revealed that its CFO Mahendra-Rajah Prashanth unloaded Company’s shares for reported $0.23 million on May 05 ’25. In the deal valued at $85.00 per share,2,750 shares were sold. As a result of this transaction, Mahendra-Rajah Prashanth now holds 21,063 shares worth roughly $1.74 million.
Then, Mahendra-Rajah Prashanth bought 2,750 shares, generating $233,578 in total proceeds.
Before that, Mahendra-Rajah Prashanth sold 2,750 shares. Uber Technologies Inc shares valued at $206,250 were divested by the CFO at a price of $75.00 per share. As a result of the transaction, Mahendra-Rajah Prashanth now holds 22,162 shares, worth roughly $1.84 million.
Wedbush downgraded its Uber Technologies Inc [UBER] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Fox Advisors’s analysts, who decreased its forecast for the stock in mid March from “an Overweight” to “an Equal weight”. JMP Securities also remained covering UBER and has decreased its forecast on January 02, 2025 with a “Mkt perform” recommendation from previously “Mkt outperform” rating. Gordon Haskett revised its rating on October 31, 2024. It rated UBER as “a Buy” which previously was an “a Hold”.
Price Performance Review of UBER
On Friday, Uber Technologies Inc [NYSE:UBER] saw its stock jump 0.62% to $82.81. Over the last five days, the stock has lost -1.74%. Uber Technologies Inc shares have risen nearly 37.28% since the year began. Nevertheless, the stocks have risen 17.58% 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 $74.97, while 200 days put it at $71.99.
Levels Of Support And Resistance For UBER Stock
The 24-hour chart illustrates a support level at 82.05, which if violated will result in even more drops to 81.28. On the upside, there is a resistance level at 83.85. A further resistance level may holdings at 84.89. The Relative Strength Index (RSI) on the 14-day chart is 61.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.35, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 28.19%. Stochastics %K at 74.94% indicates the stock is a holding.
The most recent change occurred on October 25, 2024 when The Benchmark Company began covering the stock and recommended ‘”a Hold”‘ rating .
