Jmac Enterprises LLC Has $465,000 Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Jmac Enterprises LLC lifted its stake in Uber Technologies, Inc. (NYSE:UBER) by 5.1% in the fourth quarter, HoldingsChannel reports. The firm owned 7,713 shares of the ride-sharing company’s stock after purchasing an additional 373 shares during the period. Jmac Enterprises LLC’s holdings in Uber Technologies were worth $465,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Gladstone Institutional Advisory LLC boosted its stake in Uber Technologies by 233.1% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 64,623 shares of the ride-sharing company’s stock worth $3,898,000 after purchasing an additional 45,222 shares during the period. Capital Advisors Inc. OK lifted its holdings in shares of Uber Technologies by 2.1% in the fourth quarter. Capital Advisors Inc. OK now owns 515,240 shares of the ride-sharing company’s stock valued at $31,079,000 after purchasing an additional 10,843 shares in the last quarter. Certuity LLC boosted its position in shares of Uber Technologies by 15.0% in the fourth quarter. Certuity LLC now owns 6,802 shares of the ride-sharing company’s stock worth $410,000 after buying an additional 888 shares during the period. Warther Private Wealth LLC grew its holdings in shares of Uber Technologies by 158.6% during the fourth quarter. Warther Private Wealth LLC now owns 156,408 shares of the ride-sharing company’s stock valued at $9,435,000 after buying an additional 95,935 shares in the last quarter. Finally, Strengthening Families & Communities LLC lifted its stake in Uber Technologies by 2,198.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 25,623 shares of the ride-sharing company’s stock worth $1,546,000 after acquiring an additional 24,508 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on UBER shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $96.00 target price on shares of Uber Technologies in a research note on Thursday, January 2nd. Daiwa America downgraded shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 17th. UBS Group cut their target price on shares of Uber Technologies from $114.00 to $107.00 and set a “buy” rating for the company in a research report on Monday, February 3rd. DA Davidson lowered their price target on shares of Uber Technologies from $84.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Finally, KeyCorp cut their price objective on Uber Technologies from $90.00 to $85.00 and set an “overweight” rating for the company in a report on Friday, November 1st. Seven analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $90.70.

Insider Activity 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 value of $2,025,162.00. Following the sale, the insider now owns 107,289 shares of the company’s stock, valued at $7,821,368.10. The trade was a 20.57 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 3.84% of the stock is currently owned by corporate insiders.

Uber Technologies Stock Performance

NYSE:UBER opened at $76.90 on Wednesday. The firm’s 50-day moving average is $65.45 and its 200-day moving average is $70.26. The company has a market cap of $161.93 billion, a price-to-earnings ratio of 16.86, a PEG ratio of 0.81 and a beta of 1.39. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07. Uber Technologies, Inc. has a 52-week low of $54.84 and a 52-week high of $87.00.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. Equities research analysts anticipate that Uber Technologies, Inc. will post 2.4 earnings per share for the current year.

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.