Avior Wealth Management LLC Has $1.33 Million Position in Uber Technologies, Inc. (NYSE:UBER)

Avior Wealth Management LLC lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 3,154.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,032 shares of the ride-sharing company’s stock after purchasing an additional 21,355 shares during the quarter. Avior Wealth Management LLC’s holdings in Uber Technologies were worth $1,329,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. CENTRAL TRUST Co raised its position in Uber Technologies by 12.3% in the 3rd quarter. CENTRAL TRUST Co now owns 1,160 shares of the ride-sharing company’s stock valued at $87,000 after buying an additional 127 shares during the last quarter. Procyon Advisors LLC raised its position in Uber Technologies by 2.1% in the 3rd quarter. Procyon Advisors LLC now owns 6,326 shares of the ride-sharing company’s stock valued at $476,000 after buying an additional 131 shares during the last quarter. DT Investment Partners LLC raised its position in Uber Technologies by 21.4% in the 3rd quarter. DT Investment Partners LLC now owns 821 shares of the ride-sharing company’s stock valued at $62,000 after buying an additional 145 shares during the last quarter. Jmac Enterprises LLC raised its position in Uber Technologies by 2.1% in the 3rd quarter. Jmac Enterprises LLC now owns 7,340 shares of the ride-sharing company’s stock valued at $552,000 after buying an additional 150 shares during the last quarter. Finally, Canopy Partners LLC raised its position in Uber Technologies by 2.2% in the 3rd quarter. Canopy Partners LLC now owns 6,958 shares of the ride-sharing company’s stock valued at $523,000 after buying an additional 151 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the sale, the insider now owns 107,289 shares in the company, valued at approximately $7,821,368.10. The trade was a 20.57 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 3.84% of the company’s stock.

Analyst Ratings Changes

UBER has been the topic of a number of recent research reports. Jefferies Financial Group lifted their target price on Uber Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. BMO Capital Markets restated an “outperform” rating and issued a $92.00 price target on shares of Uber Technologies in a research note on Friday, October 11th. Loop Capital raised their price target on Uber Technologies from $84.00 to $86.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Benchmark restated a “hold” rating on shares of Uber Technologies in a research note on Friday, November 1st. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $96.00 price target on shares of Uber Technologies in a research note on Thursday, January 2nd. Seven investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $91.53.

Uber Technologies Trading Up 0.4 %

Shares of UBER stock opened at $68.59 on Friday. The firm has a market capitalization of $144.42 billion, a P/E ratio of 34.12, a P/E/G ratio of 0.77 and a beta of 1.36. Uber Technologies, Inc. has a twelve month low of $54.84 and a twelve month high of $87.00. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.70. The stock’s fifty day simple moving average is $65.86 and its 200 day simple moving average is $70.26.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.79. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. The business had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.99 billion. During the same quarter in the previous year, the company posted $0.10 EPS. Uber Technologies’s quarterly revenue was up 20.4% compared to the same quarter last year. As a group, sell-side analysts predict that Uber Technologies, Inc. will post 1.86 EPS for the current fiscal 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.