Kiker Wealth Management LLC Invests $1.12 Million in Uber Technologies, Inc. (NYSE:UBER)

Kiker Wealth Management LLC purchased a new stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 18,482 shares of the ride-sharing company's stock, valued at approximately $1,115,000.

Other institutional investors also recently bought and sold shares of the company. Avion Wealth lifted its position in Uber Technologies by 96.0% during the fourth quarter. Avion Wealth now owns 445 shares of the ride-sharing company's stock valued at $26,000 after buying an additional 218 shares during the period. GHP Investment Advisors Inc. lifted its position 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 acquiring an additional 223 shares during the period. Retirement Wealth Solutions LLC bought a new stake in Uber Technologies during the fourth quarter worth about $35,000. Kieckhefer Group LLC bought a new stake in Uber Technologies during the fourth quarter worth about $33,000. Finally, Fairfield Financial Advisors LTD increased its stake in shares of Uber Technologies by 34.0% during the fourth quarter. Fairfield Financial Advisors LTD now owns 670 shares of the ride-sharing company's stock valued at $40,000 after purchasing an additional 170 shares in the last quarter. 80.24% of the stock is owned by institutional investors.

Uber Technologies Price Performance

Shares of NYSE:UBER traded down $0.92 during trading on Tuesday, hitting $75.59. 16,054,128 shares of the company's stock were exchanged, compared to its average volume of 19,651,368. The business's 50-day simple moving average is $72.85 and its 200 day simple moving average is $71.63. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. Uber Technologies, Inc. has a 52-week low of $54.84 and a 52-week high of $87.00. The company has a market cap of $157.91 billion, a price-to-earnings ratio of 16.58, a PEG ratio of 0.89 and a beta of 1.39.

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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 (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. As a group, equities analysts predict that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of Uber Technologies stock in a transaction that occurred on Tuesday, February 18th. The stock was 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 of the company's stock, valued at $7,046,552.46. The trade was a 26.28 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction 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 directly owns 22,162 shares of the company's stock, valued at approximately $1,662,150. This trade represents a 11.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 77,154 shares of company stock worth $5,793,869. Insiders own 3.84% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on UBER. The Goldman Sachs Group restated a "buy" rating and issued a $96.00 price target on shares of Uber Technologies in a research note on Thursday, January 2nd. Fox Advisors lowered Uber Technologies from an "overweight" rating to an "equal weight" rating in a research report on Tuesday, March 11th. Wells Fargo & Company cut their price objective on shares of Uber Technologies from $90.00 to $87.00 and set an "overweight" rating on the stock in a research report on Thursday, February 6th. Needham & Company LLC reaffirmed a "buy" rating and issued a $90.00 target price on shares of Uber Technologies in a report on Wednesday, February 5th. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $80.00 price target on shares of Uber Technologies in a report on Thursday, February 6th. Ten equities 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. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price 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.