4,931 Shares in Uber Technologies, Inc. (NYSE:UBER) Acquired by AssuredPartners Investment Advisors LLC

AssuredPartners Investment Advisors LLC bought a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,931 shares of the ride-sharing company's stock, valued at approximately $297,000.

A number of other large investors have also recently added to or reduced their stakes in UBER. Avion Wealth increased its position in 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 buying an additional 218 shares during the period. Runnymede Capital Advisors Inc. bought a new position in Uber Technologies during the fourth quarter worth $28,000. GHP Investment Advisors Inc. raised its stake in Uber Technologies by 85.1% during the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company's stock valued at $29,000 after purchasing an additional 223 shares during the last quarter. Kieckhefer Group LLC bought a new stake in Uber Technologies in the 4th quarter valued at $33,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in Uber Technologies in the 4th quarter worth $35,000. 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 the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the sale, the insider now directly owns 86,973 shares of the company's stock, valued at approximately $7,046,552.46. This represents a 26.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the business's stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $75.00, for a total transaction of $206,250.00. Following the completion of the transaction, the chief financial officer now owns 22,162 shares of the company's stock, valued at $1,662,150. The trade was a 11.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 77,154 shares of company stock worth $5,793,869 over the last three months. Insiders own 3.84% of the company's stock.

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Uber Technologies Stock Down 0.0 %

UBER stock traded down $0.00 during trading hours on Monday, reaching $72.75. 8,528,372 shares of the stock were exchanged, compared to its average volume of 20,052,366. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. The company has a market cap of $152.17 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 0.89 and a beta of 1.39. The firm's 50-day moving average is $73.44 and its 200-day moving average is $71.76. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00.

Uber Technologies (NYSE:UBER - Get Free Report) last announced 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 return on equity of 62.60% and a net margin of 22.41%. On average, equities research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on UBER shares. KGI Securities reiterated a "neutral" rating and issued a $78.00 target price on shares of Uber Technologies in a research note on Tuesday, March 11th. Citizens Jmp lowered shares of Uber Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 2nd. Fox Advisors cut shares of Uber Technologies from an "overweight" rating to an "equal weight" rating in a research note on Tuesday, March 11th. UBS Group reiterated a "buy" rating on shares of Uber Technologies in a research note on Friday, February 21st. Finally, Citigroup cut their target price on Uber Technologies from $98.00 to $92.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Ten analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Uber Technologies currently has an average rating of "Moderate Buy" and an average 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.