10,778 Shares in Uber Technologies, Inc. (NYSE:UBER) Bought by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. purchased a new position in shares of Uber Technologies, Inc. (NYSE:UBER) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,778 shares of the ride-sharing company’s stock, valued at approximately $664,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CVA Family Office LLC bought a new stake in shares of Uber Technologies in the 4th quarter worth about $30,000. Highlander Capital Management LLC increased its position in shares of Uber Technologies by 100.0% in the 4th quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company’s stock worth $31,000 after purchasing an additional 250 shares during the last quarter. Bfsg LLC bought a new stake in shares of Uber Technologies in the 4th quarter worth about $31,000. Blue Bell Private Wealth Management LLC increased its position in shares of Uber Technologies by 49.7% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 524 shares of the ride-sharing company’s stock worth $32,000 after purchasing an additional 174 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group increased its position in shares of Uber Technologies by 82.9% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 578 shares of the ride-sharing company’s stock worth $36,000 after purchasing an additional 262 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Up 2.4 %

NYSE UBER opened at $65.48 on Thursday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.21 and a quick ratio of 1.21. The company’s 50 day simple moving average is $72.14 and its 200 day simple moving average is $67.39. Uber Technologies, Inc. has a 12 month low of $37.07 and a 12 month high of $82.14. The company has a market capitalization of $136.82 billion, a P/E ratio of 105.61, a PEG ratio of 1.35 and a beta of 1.39.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, May 8th. The ride-sharing company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.53). Uber Technologies had a return on equity of 12.81% and a net margin of 3.60%. The business had revenue of $10.13 billion during the quarter, compared to the consensus estimate of $10.09 billion. During the same quarter in the previous year, the firm earned ($0.08) earnings per share. The firm’s revenue for the quarter was up 14.8% compared to the same quarter last year. Equities research analysts expect that Uber Technologies, Inc. will post 0.88 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

UBER has been the subject of several research reports. JMP Securities reaffirmed a “market outperform” rating and issued a $80.00 price target on shares of Uber Technologies in a report on Thursday, May 16th. TD Cowen decreased their price target on shares of Uber Technologies from $90.00 to $88.00 and set a “buy” rating for the company in a report on Thursday, May 9th. Argus lifted their price target on shares of Uber Technologies from $69.00 to $95.00 and gave the company a “buy” rating in a report on Monday, March 4th. Jefferies Financial Group decreased their price target on shares of Uber Technologies from $103.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, May 9th. Finally, Barclays lifted their price target on shares of Uber Technologies from $63.00 to $86.00 and gave the company an “overweight” rating in a report on Thursday, February 8th. Two research analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $84.38.

Insider Buying and Selling

In related news, CEO Dara Khosrowshahi sold 500,000 shares of the business’s stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $65.93, for a total value of $32,965,000.00. Following the sale, the chief executive officer now directly owns 1,656,996 shares in the company, valued at approximately $109,245,746.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Tony West sold 18,750 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $65.63, for a total value of $1,230,562.50. Following the completion of the sale, the insider now owns 206,338 shares in the company, valued at approximately $13,541,962.94. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Dara Khosrowshahi sold 500,000 shares of the company’s stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $65.93, for a total transaction of $32,965,000.00. Following the completion of the sale, the chief executive officer now owns 1,656,996 shares of the company’s stock, valued at approximately $109,245,746.28. The disclosure for this sale can be found here. Insiders own 3.84% of the company’s stock.

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.