Wealthcare Advisory Partners LLC Acquires 1,163 Shares of Uber Technologies, Inc. (NYSE:UBER)

Wealthcare Advisory Partners LLC increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 9.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,466 shares of the ride-sharing company’s stock after acquiring an additional 1,163 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Uber Technologies were worth $829,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Spire Wealth Management lifted its stake in Uber Technologies by 143.0% in the fourth quarter. Spire Wealth Management now owns 129,929 shares of the ride-sharing company’s stock worth $8,460,000 after purchasing an additional 76,470 shares during the last quarter. Metis Global Partners LLC grew its position in shares of Uber Technologies by 75.7% during the fourth quarter. Metis Global Partners LLC now owns 83,816 shares of the ride-sharing company’s stock worth $5,161,000 after acquiring an additional 36,103 shares during the last quarter. Rollins Financial purchased a new stake in shares of Uber Technologies in the 4th quarter worth about $265,000. Vestmark Advisory Solutions Inc. raised its holdings in shares of Uber Technologies by 15.0% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 15,781 shares of the ride-sharing company’s stock worth $972,000 after purchasing an additional 2,062 shares during the period. Finally, AJOVista LLC acquired a new stake in shares of Uber Technologies during the 4th quarter valued at approximately $99,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Uber Technologies Stock Performance

Shares of NYSE UBER traded down $3.92 during midday trading on Wednesday, hitting $66.51. 16,641,596 shares of the company’s stock were exchanged, compared to its average volume of 19,802,586. The stock’s 50 day moving average price is $75.03 and its 200-day moving average price is $65.83. The firm has a market cap of $138.43 billion, a P/E ratio of 81.87, a PEG ratio of 1.09 and a beta of 1.39. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.19 and a quick ratio of 1.19. Uber Technologies, Inc. has a twelve month low of $37.07 and a twelve month high of $82.14.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, February 7th. The ride-sharing company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.50. The firm had revenue of $9.94 billion for the quarter, compared to analyst estimates of $9.76 billion. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. The business’s quarterly revenue was up 15.4% compared to the same quarter last year. During the same period last year, the company earned $0.29 EPS. Equities research analysts anticipate that Uber Technologies, Inc. will post 1.23 EPS for the current year.

Analyst Ratings Changes

UBER has been the topic of a number of recent analyst reports. Needham & Company LLC restated a “buy” rating and issued a $90.00 price target on shares of Uber Technologies in a research report on Friday, April 5th. Truist Financial upped their price objective on shares of Uber Technologies from $90.00 to $94.00 and gave the stock a “buy” rating in a research report on Wednesday, March 27th. The Goldman Sachs Group lifted their price target on shares of Uber Technologies from $59.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, January 11th. Wells Fargo & Company increased their price target on Uber Technologies from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Monday, April 8th. Finally, Gordon Haskett lowered Uber Technologies from a “buy” rating to a “hold” rating and set a $66.00 price objective for the company. in a research note on Wednesday, January 24th. Two equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company. According to data from MarketBeat, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $81.65.

Insider Buying and Selling

In other news, insider Jill Hazelbaker sold 20,000 shares of the company’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the transaction, the insider now owns 107,290 shares in the company, valued at $8,350,380.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Jill Hazelbaker sold 20,000 shares of the business’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the sale, the insider now owns 107,290 shares of the company’s stock, valued at $8,350,380.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Tony West sold 18,750 shares of the firm’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $70.08, for a total transaction of $1,314,000.00. Following the sale, the insider now owns 185,566 shares in the company, valued at $13,004,465.28. The disclosure for this sale can be found here. 3.80% of the stock is currently owned by company insiders.

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.