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

Aspire Private Capital LLC lifted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 6.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,462 shares of the ride-sharing company’s stock after buying an additional 765 shares during the quarter. Aspire Private Capital LLC’s holdings in Uber Technologies were worth $812,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in UBER. Kieckhefer Group LLC acquired a new stake in shares of Uber Technologies in the 4th quarter worth $33,000. Retirement Wealth Solutions LLC acquired a new stake in Uber Technologies in the fourth quarter valued at about $35,000. Financial Management Professionals Inc. lifted its position in 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 period. Transcendent Capital Group LLC increased its position in 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 purchasing an additional 550 shares during the period. Finally, Fortitude Family Office LLC raised its stake in shares of Uber Technologies by 84.7% during the 3rd quarter. Fortitude Family Office LLC now owns 602 shares of the ride-sharing company’s stock worth $45,000 after buying an additional 276 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on UBER shares. Citizens Jmp downgraded Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Loop Capital upped their price target on shares of Uber Technologies from $84.00 to $86.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Truist Financial reduced their price objective on shares of Uber Technologies from $99.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Royal Bank of Canada upped their target price on shares of Uber Technologies from $80.00 to $82.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Finally, KeyCorp decreased their price target on Uber Technologies from $90.00 to $85.00 and set an “overweight” rating on the stock in a research note on Friday, November 1st. Seven analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $91.53.

Uber Technologies Trading Up 0.6 %

Shares of UBER stock opened at $67.75 on Wednesday. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70. The stock has a market cap of $142.66 billion, a price-to-earnings ratio of 33.71, a PEG ratio of 0.72 and a beta of 1.36. The stock has a 50-day moving average of $66.16 and a 200-day moving average of $70.33.

Uber Technologies (NYSE:UBER) last released its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.79. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. 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 business earned $0.10 earnings per share. Uber Technologies’s revenue for the quarter was up 20.4% on a year-over-year basis. On average, equities research analysts forecast that Uber Technologies, Inc. will post 1.91 earnings per share for the current year.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the completion of 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 3.80% of the company’s stock.

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.