Uber Technologies, Inc. (NYSE:UBER) Holdings Boosted by Nixon Capital LLC

Nixon Capital LLC lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 359,304 shares of the ride-sharing company's stock after buying an additional 16,456 shares during the quarter. Uber Technologies comprises about 7.0% of Nixon Capital LLC's holdings, making the stock its 4th largest position. Nixon Capital LLC's holdings in Uber Technologies were worth $21,673,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Avion Wealth boosted its holdings in shares of Uber Technologies by 96.0% during 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 in the last quarter. Runnymede Capital Advisors Inc. bought a new position in Uber Technologies during the fourth quarter worth $28,000. GHP Investment Advisors Inc. grew its holdings in Uber Technologies by 85.1% in the fourth quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company's stock worth $29,000 after purchasing an additional 223 shares during the period. Kieckhefer Group LLC bought a new stake in Uber Technologies in the 4th quarter valued at about $33,000. Finally, Retirement Wealth Solutions LLC bought a new stake in shares of Uber Technologies during the fourth quarter valued at approximately $35,000. Institutional investors own 80.24% of the company's stock.

Insiders Place Their Bets

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 shares were sold at an average price of $81.02, for a total value of $2,511,620.00. Following the completion of the sale, the insider now owns 86,973 shares of the company's stock, valued at approximately $7,046,552.46. The trade was a 26.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Tony West sold 23,404 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $70.27, for a total value of $1,644,599.08. Following the transaction, the insider now directly owns 114,241 shares in the company, valued at $8,027,715.07. The trade was a 17.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 77,154 shares of company stock valued at $5,793,869. Insiders own 3.84% of the company's stock.

Uber Technologies Stock Up 1.9 %

UBER traded up $1.32 during trading on Friday, reaching $72.26. The stock had a trading volume of 16,265,909 shares, compared to its average volume of 20,344,867. Uber Technologies, Inc. has a one year low of $54.84 and a one year high of $87.00. The company has a market capitalization of $151.15 billion, a price-to-earnings ratio of 15.85, a P/E/G ratio of 0.89 and a beta of 1.37. The stock's 50 day moving average is $73.94 and its two-hundred day moving average is $71.47. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37.

Uber Technologies (NYSE:UBER - Get Free Report) last released its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) 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%. As a group, analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Piper Sandler reaffirmed an "overweight" rating and issued a $87.00 price objective (up from $80.00) on shares of Uber Technologies in a research note on Tuesday, February 18th. Needham & Company LLC reiterated a "buy" rating and set a $90.00 price target on shares of Uber Technologies in a research note on Wednesday. Benchmark reissued a "hold" rating on shares of Uber Technologies in a research note on Friday, January 31st. Wolfe Research lifted their target price on Uber Technologies from $90.00 to $92.00 and gave the company an "outperform" rating in a research report on Friday, January 3rd. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Uber Technologies from $90.00 to $80.00 and set an "overweight" rating for the company in a research report on Tuesday. Ten equities research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $89.97.

Uber Technologies 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.