4,189 Shares in Uber Technologies, Inc. (NYSE:UBER) Purchased by GWN Securities Inc.

GWN Securities Inc. acquired a new position in Uber Technologies, Inc. (NYSE:UBER) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,189 shares of the ride-sharing company’s stock, valued at approximately $253,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Avion Wealth boosted its holdings in shares of 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 in the last quarter. GHP Investment Advisors Inc. boosted its holdings in shares of 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 in the last quarter. Kieckhefer Group LLC purchased a new position in shares of Uber Technologies in the 4th quarter worth about $33,000. Retirement Wealth Solutions LLC purchased a new position in shares of Uber Technologies in the 4th quarter worth about $35,000. Finally, Fairfield Financial Advisors LTD boosted its holdings in shares of Uber Technologies by 34.0% in the 4th quarter. Fairfield Financial Advisors LTD now owns 670 shares of the ride-sharing company’s stock worth $40,000 after purchasing an additional 170 shares in the last quarter. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Uber Technologies Stock Performance

Uber Technologies stock opened at $72.71 on Tuesday. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $151.89 billion, a P/E ratio of 15.95, a PEG ratio of 0.89 and a beta of 1.39. The stock’s 50 day moving average is $71.98 and its 200 day moving average is $71.56. Uber Technologies, Inc. has a twelve month low of $54.84 and a twelve month high of $87.00.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 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%. On average, equities research analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Tony West sold 23,404 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the sale, the insider now directly owns 114,241 shares in the company, valued at approximately $8,027,715.07. This trade represents a 17.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jill Hazelbaker sold 31,000 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total value 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. This represents a 26.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 3.84% of the company’s stock.

Analyst Ratings Changes

UBER has been the subject of several analyst reports. Cantor Fitzgerald restated an “overweight” rating and set a $80.00 target price on shares of Uber Technologies in a report on Thursday, February 6th. Royal Bank of Canada restated an “outperform” rating and set a $82.00 target price on shares of Uber Technologies in a report on Thursday, February 6th. The Goldman Sachs Group restated a “buy” rating and set a $96.00 target price on shares of Uber Technologies in a report on Thursday, January 2nd. Needham & Company LLC restated a “buy” rating and set a $90.00 target price on shares of Uber Technologies in a report on Wednesday, February 5th. Finally, Truist Financial increased their target price on Uber Technologies from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, March 6th. Ten research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $90.31.

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.