Uber Technologies, Inc. (NYSE:UBER) Shares Purchased by CoreCap Advisors LLC

CoreCap Advisors LLC increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 8.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,473 shares of the ride-sharing company’s stock after purchasing an additional 729 shares during the quarter. CoreCap Advisors LLC’s holdings in Uber Technologies were worth $583,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UBER. Ritter Daniher Financial Advisory LLC DE grew its position in 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 valued at $27,000 after acquiring an additional 560 shares in the last quarter. OFI Invest Asset Management acquired a new stake in Uber Technologies in the third quarter valued at approximately $26,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in Uber Technologies in the third quarter valued at approximately $28,000. JFS Wealth Advisors LLC grew its position in Uber Technologies by 319.4% in the third quarter. JFS Wealth Advisors LLC now owns 650 shares of the ride-sharing company’s stock valued at $30,000 after acquiring an additional 495 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC grew its position in Uber Technologies by 228.1% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 712 shares of the ride-sharing company’s stock valued at $45,000 after acquiring an additional 495 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 20,000 shares of Uber Technologies stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the transaction, the insider now directly owns 107,290 shares of the company’s stock, valued at $8,350,380.70. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, insider Tony West sold 18,750 shares of Uber Technologies stock in a transaction dated 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 approximately $13,004,465.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jill Hazelbaker sold 20,000 shares of the firm’s stock in a transaction dated 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 sale, the insider now owns 107,290 shares of the company’s stock, valued at $8,350,380.70. The disclosure for this sale can be found here. 3.84% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on UBER shares. Oppenheimer increased their price objective on shares of Uber Technologies from $65.00 to $75.00 and gave the company an “outperform” rating in a research report on Monday, December 4th. Susquehanna raised their price target on shares of Uber Technologies from $60.00 to $85.00 and gave the stock a “positive” rating in a research report on Thursday, February 8th. JPMorgan Chase & Co. raised their price target on shares of Uber Technologies from $84.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, February 15th. The Goldman Sachs Group raised their price target on shares of Uber Technologies from $59.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, January 11th. Finally, JMP Securities raised their price target on shares of Uber Technologies from $76.00 to $85.00 and gave the stock a “market outperform” rating in a research report on Friday, February 16th. Two equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $75.28.

Get Our Latest Analysis on UBER

Uber Technologies Price Performance

Shares of UBER opened at $79.42 on Tuesday. The firm has a market capitalization of $164.92 billion, a price-to-earnings ratio of 92.35, a price-to-earnings-growth ratio of 1.30 and a beta of 1.37. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.19 and a current ratio of 1.19. Uber Technologies, Inc. has a one year low of $29.22 and a one year high of $82.14. The stock’s fifty day moving average is $73.67 and its 200-day moving average is $59.90.

Uber Technologies (NYSE:UBERGet Free Report) last issued its quarterly earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.50. The company had revenue of $9.94 billion for the quarter, compared to analyst estimates of $9.76 billion. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The company’s quarterly revenue was up 15.4% compared to the same quarter last year. During the same period last year, the company earned $0.29 earnings per share. Equities analysts anticipate that Uber Technologies, Inc. will post 1.19 EPS for the current year.

Uber Technologies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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