Uber Technologies, Inc. (NYSE:UBER) Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC cut its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 9.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,068 shares of the ride-sharing company’s stock after selling 3,552 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Uber Technologies were worth $2,098,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. OFI Invest Asset Management acquired a new position in Uber Technologies in the 3rd quarter worth approximately $26,000. Ritter Daniher Financial Advisory LLC DE increased its stake in shares of Uber Technologies by 2,545.5% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 582 shares of the ride-sharing company’s stock worth $27,000 after acquiring an additional 560 shares during the period. JFS Wealth Advisors LLC raised its holdings in shares of Uber Technologies by 319.4% during the third quarter. JFS Wealth Advisors LLC now owns 650 shares of the ride-sharing company’s stock worth $30,000 after purchasing an additional 495 shares during the last quarter. CVA Family Office LLC acquired a new position in Uber Technologies during the fourth quarter valued at $30,000. Finally, Highlander Capital Management LLC boosted its holdings in Uber Technologies by 100.0% in the fourth quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company’s stock valued at $31,000 after purchasing an additional 250 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Truist Financial raised their price target on shares of Uber Technologies from $90.00 to $94.00 and gave the company a “buy” rating in a research report on Wednesday, March 27th. Barclays boosted their price objective on Uber Technologies from $63.00 to $86.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. Oppenheimer reiterated an “outperform” rating and set a $90.00 target price on shares of Uber Technologies in a research report on Monday, April 29th. KeyCorp boosted their price target on shares of Uber Technologies from $79.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, February 15th. Finally, Citigroup increased their price objective on shares of Uber Technologies from $83.00 to $91.00 and gave the company a “buy” rating in a report on Friday, February 16th. Two analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.65.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 20,000 shares of the stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total value of $1,556,600.00. Following the transaction, the insider now owns 107,290 shares of the company’s stock, valued at $8,350,380.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, insider Tony West sold 18,750 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the transaction, the insider now owns 185,566 shares of the company’s stock, valued at $13,004,465.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jill Hazelbaker sold 20,000 shares of the stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total value of $1,556,600.00. Following the completion of the transaction, the insider now directly owns 107,290 shares in the company, valued at approximately $8,350,380.70. The disclosure for this sale can be found here. Corporate insiders own 3.84% of the company’s stock.

Uber Technologies Trading Up 1.0 %

NYSE:UBER traded up $0.66 during trading hours on Friday, reaching $69.23. 15,557,671 shares of the stock were exchanged, compared to its average volume of 18,839,496. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.79. The business has a 50-day moving average of $75.33 and a two-hundred day moving average of $65.27. Uber Technologies, Inc. has a twelve month low of $36.69 and a twelve month high of $82.14. The company has a market capitalization of $144.09 billion, a price-to-earnings ratio of 80.50, a PEG ratio of 1.09 and a beta of 1.39.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.50. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The business had revenue of $9.94 billion for the quarter, compared to analyst estimates of $9.76 billion. During the same quarter in the prior year, the company earned $0.29 earnings per share. The company’s revenue was up 15.4% on a year-over-year basis. On average, equities analysts predict that Uber Technologies, Inc. will post 1.23 EPS for the current year.

Uber Technologies Profile

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.