22,872 Shares in Uber Technologies, Inc. (NYSE:UBER) Bought by SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 22,872 shares of the ride-sharing company's stock, valued at approximately $1,380,000. Uber Technologies comprises approximately 1.4% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co's holdings, making the stock its 17th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UBER. Teachers Retirement System of The State of Kentucky boosted its holdings in Uber Technologies by 4.4% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 321,726 shares of the ride-sharing company's stock worth $24,180,000 after purchasing an additional 13,433 shares during the period. Aviso Wealth Management bought a new position in shares of Uber Technologies in the 3rd quarter worth about $2,302,000. Polianta Ltd acquired a new position in shares of Uber Technologies in the 4th quarter valued at about $1,206,000. Allworth Financial LP grew its position in shares of Uber Technologies by 8.9% during the 4th quarter. Allworth Financial LP now owns 20,381 shares of the ride-sharing company's stock valued at $1,229,000 after buying an additional 1,663 shares during the last quarter. Finally, Brophy Wealth Management LLC acquired a new stake in Uber Technologies during the third quarter worth about $1,041,000. Hedge funds and other institutional investors own 80.24% of the company's stock.

Insiders Place Their Bets

In other news, insider Jill Hazelbaker sold 31,000 shares of Uber Technologies stock in a transaction that occurred 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 transaction, the insider now owns 86,973 shares of the company's stock, valued at $7,046,552.46. This trade represents a 26.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 3.84% of the company's stock.

Uber Technologies Trading Down 3.5 %

Shares of NYSE:UBER opened at $70.52 on Wednesday. Uber Technologies, Inc. has a 12-month low of $54.84 and a 12-month high of $87.00. 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 firm has a market capitalization of $147.31 billion, a P/E ratio of 15.46, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The firm has a fifty day moving average of $71.37 and a two-hundred day moving average of $71.59.

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on UBER shares. Cantor Fitzgerald restated an "overweight" rating and set a $80.00 price objective on shares of Uber Technologies in a research report on Thursday, February 6th. Wells Fargo & Company reduced their price target on shares of Uber Technologies from $90.00 to $87.00 and set an "overweight" rating for the company in a report on Thursday, February 6th. Citigroup dropped their price objective on shares of Uber Technologies from $98.00 to $92.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Arete Research raised shares of Uber Technologies to a "hold" rating in a research note on Tuesday, February 18th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Uber Technologies from $95.00 to $90.00 and set an "overweight" rating on the stock in a research note on Thursday, February 6th. Ten research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $90.31.

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.

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