Uber Technologies, Inc. (NYSE:UBER) Shares Purchased by Mirador Capital Partners LP

Mirador Capital Partners LP grew its position in Uber Technologies, Inc. (NYSE:UBER - Free Report) by 40.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,214 shares of the ride-sharing company's stock after buying an additional 24,520 shares during the quarter. Uber Technologies accounts for approximately 0.9% of Mirador Capital Partners LP's holdings, making the stock its 29th biggest holding. Mirador Capital Partners LP's holdings in Uber Technologies were worth $5,140,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in UBER. Financial Management Professionals Inc. grew its holdings in Uber Technologies by 104.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company's stock valued at $37,000 after buying an additional 252 shares during the last quarter. Kieckhefer Group LLC purchased a new stake in shares of Uber Technologies in the fourth quarter valued at $33,000. Transcendent Capital Group LLC boosted its stake in shares of Uber Technologies by 3,928.6% during the third quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company's stock valued at $42,000 after acquiring an additional 550 shares during the last quarter. Fortitude Family Office LLC increased its position in Uber Technologies by 84.7% during the 3rd quarter. Fortitude Family Office LLC now owns 602 shares of the ride-sharing company's stock worth $45,000 after purchasing an additional 276 shares in the last quarter. Finally, ORG Partners LLC raised its stake in Uber Technologies by 142.9% in the 3rd quarter. ORG Partners LLC now owns 651 shares of the ride-sharing company's stock valued at $49,000 after purchasing an additional 383 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Stock Up 2.3 %

Shares of UBER stock traded up $1.56 during trading hours on Thursday, hitting $68.58. 28,985,604 shares of the company were exchanged, compared to its average volume of 27,941,891. The stock has a market capitalization of $144.41 billion, a price-to-earnings ratio of 34.12, a P/E/G ratio of 0.71 and a beta of 1.36. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00. The business's 50-day simple moving average is $66.34 and its two-hundred day simple moving average is $70.39. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.41 and a current ratio of 1.41.

Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.79. The company had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.99 billion. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. Uber Technologies's quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 EPS. Sell-side analysts predict that Uber Technologies, Inc. will post 1.9 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 27,780 shares of the business's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the completion of the sale, the insider now owns 107,289 shares of the company's stock, valued at $7,821,368.10. This represents a 20.57 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on UBER shares. Bank of America raised their price target on shares of Uber Technologies from $88.00 to $96.00 and gave the stock a "buy" rating in a research note on Wednesday, October 23rd. Gordon Haskett raised shares of Uber Technologies from a "hold" rating to a "buy" rating and set a $85.00 target price for the company in a research note on Thursday, October 31st. UBS Group boosted their price target on Uber Technologies from $102.00 to $114.00 and gave the company a "buy" rating in a report on Friday, October 18th. Daiwa America downgraded Uber Technologies from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 17th. Finally, Wells Fargo & Company lowered their price target on Uber Technologies from $97.00 to $90.00 and set an "overweight" rating for the company in a report on Friday, November 1st. Seven analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Uber Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $91.53.

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.