Uber Technologies, Inc. (NYSE:UBER) Shares Bought by Ieq Capital LLC

Ieq Capital LLC increased its holdings in Uber Technologies, Inc. (NYSE:UBER) by 16.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 309,016 shares of the ride-sharing company’s stock after purchasing an additional 44,690 shares during the quarter. Ieq Capital LLC’s holdings in Uber Technologies were worth $18,640,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Avion Wealth raised its holdings in Uber Technologies by 96.0% in the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock worth $26,000 after purchasing an additional 218 shares during the period. GHP Investment Advisors Inc. raised its holdings in Uber Technologies by 85.1% in the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock worth $29,000 after purchasing an additional 223 shares during the period. Financial Management Professionals Inc. raised its holdings in Uber Technologies by 104.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock worth $37,000 after purchasing an additional 252 shares during the period. Retirement Wealth Solutions LLC acquired a new position in Uber Technologies in the 4th quarter worth about $35,000. Finally, Kieckhefer Group LLC acquired a new position in Uber Technologies in the 4th quarter worth about $33,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Uber Technologies Stock Down 0.4 %

Uber Technologies stock opened at $81.17 on Thursday. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. The stock has a market cap of $169.57 billion, a PE ratio of 17.80, a P/E/G ratio of 0.89 and a beta of 1.39. The stock’s fifty day moving average is $67.27 and its two-hundred day moving average is $71.04.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. On average, sell-side analysts expect that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In other news, insider Jill Hazelbaker sold 31,000 shares of Uber Technologies stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the sale, the insider now owns 86,973 shares in the company, valued at approximately $7,046,552.46. The trade was a 26.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 3.84% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on UBER. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price target on shares of Uber Technologies in a research note on Wednesday, February 5th. Bank of America upped their target price on shares of Uber Technologies from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Tigress Financial raised their price target on shares of Uber Technologies from $96.00 to $103.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $80.00 price objective on shares of Uber Technologies in a research note on Thursday, February 6th. Finally, Loop Capital increased their price objective on shares of Uber Technologies from $84.00 to $86.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Seven research analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $90.91.

Uber Technologies Company 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.