Childress Capital Advisors LLC Purchases 7,059 Shares of Uber Technologies, Inc. (NYSE:UBER)

Childress Capital Advisors LLC lifted its holdings in Uber Technologies, Inc. (NYSE:UBER) by 153.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 11,665 shares of the ride-sharing company’s stock after purchasing an additional 7,059 shares during the quarter. Childress Capital Advisors LLC’s holdings in Uber Technologies were worth $704,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kieckhefer Group LLC bought a new position in shares of Uber Technologies during the 4th quarter worth approximately $33,000. Retirement Wealth Solutions LLC bought a new position in shares of Uber Technologies during the 4th quarter worth approximately $35,000. Financial Management Professionals Inc. increased its holdings in shares of Uber Technologies by 104.1% in the third quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock valued at $37,000 after purchasing an additional 252 shares during the last quarter. Transcendent Capital Group LLC lifted its stake in shares of Uber Technologies by 3,928.6% during the 3rd quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company’s stock worth $42,000 after buying an additional 550 shares during the last quarter. Finally, Crews Bank & Trust bought a new position in Uber Technologies in the 4th quarter valued at about $42,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Jill Hazelbaker sold 27,780 shares of the company’s stock in a transaction that occurred on 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 $7,821,368.10. This represents a 20.57 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 3.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have commented on UBER. Bank of America upped their price objective on Uber Technologies from $88.00 to $96.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Wolfe Research boosted their target price on Uber Technologies from $90.00 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Citizens Jmp cut Uber Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 2nd. Truist Financial decreased their price objective on Uber Technologies from $99.00 to $95.00 and set a “buy” rating for the company in a report on Friday, November 1st. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Uber Technologies in a report on Friday. Seven research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.89.

Uber Technologies Trading Up 0.7 %

NYSE UBER opened at $67.33 on Tuesday. The stock has a market cap of $141.78 billion, a P/E ratio of 33.50, a price-to-earnings-growth ratio of 0.77 and a beta of 1.39. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The stock has a 50 day simple moving average of $65.61 and a two-hundred day simple moving average of $70.09. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.41 and a current ratio of 1.41.

About Uber Technologies

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.