Uber Technologies, Inc. (NYSE:UBER) Stock Position Reduced by Toth Financial Advisory Corp

Toth Financial Advisory Corp cut its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 94.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 754 shares of the ride-sharing company's stock after selling 11,912 shares during the quarter. Toth Financial Advisory Corp's holdings in Uber Technologies were worth $57,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. GHP Investment Advisors Inc. grew its holdings in Uber Technologies by 222.7% during the second quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company's stock worth $26,000 after buying an additional 245 shares in the last quarter. Financial Management Professionals Inc. lifted its position in shares of Uber Technologies by 111.6% during the first quarter. Financial Management Professionals Inc. now owns 383 shares of the ride-sharing company's stock valued at $29,000 after purchasing an additional 202 shares in the last quarter. WR Wealth Planners LLC boosted its holdings in Uber Technologies by 563.9% during the second quarter. WR Wealth Planners LLC now owns 405 shares of the ride-sharing company's stock worth $29,000 after purchasing an additional 344 shares during the last quarter. J.Safra Asset Management Corp bought a new stake in Uber Technologies in the 1st quarter worth about $32,000. Finally, MCF Advisors LLC increased its stake in Uber Technologies by 1,038.5% in the 2nd quarter. MCF Advisors LLC now owns 444 shares of the ride-sharing company's stock valued at $32,000 after buying an additional 405 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 40,000 shares of the company's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $72.00, for a total value of $2,880,000.00. Following the completion of the sale, the insider now directly owns 127,352 shares of the company's stock, valued at approximately $9,169,344. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.84% of the company's stock.

Uber Technologies Stock Down 0.1 %

Shares of Uber Technologies stock traded down $0.06 during trading on Tuesday, reaching $80.40. The company had a trading volume of 10,745,090 shares, compared to its average volume of 17,976,180. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.21 and a current ratio of 1.21. Uber Technologies, Inc. has a fifty-two week low of $40.09 and a fifty-two week high of $87.00. The firm's fifty day moving average is $74.71 and its 200-day moving average is $70.69. The company has a market cap of $168.00 billion, a price-to-earnings ratio of 129.68, a price-to-earnings-growth ratio of 1.37 and a beta of 1.33.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The ride-sharing company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.16. Uber Technologies had a net margin of 5.02% and a return on equity of 17.06%. The company had revenue of $10.70 billion during the quarter, compared to the consensus estimate of $10.57 billion. During the same quarter in the previous year, the company posted $0.18 earnings per share. The company's revenue for the quarter was up 15.9% compared to the same quarter last year. On average, analysts anticipate that Uber Technologies, Inc. will post 1.08 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on UBER shares. DA Davidson reiterated a "buy" rating and issued a $82.00 price target on shares of Uber Technologies in a research report on Thursday, October 17th. Daiwa Capital Markets cut shares of Uber Technologies from an "outperform" rating to a "neutral" rating and set a $84.00 price objective for the company. in a research note on Thursday, October 17th. Citigroup raised their price target on shares of Uber Technologies from $96.00 to $98.00 and gave the company a "buy" rating in a report on Wednesday, August 7th. Loop Capital increased their price objective on Uber Technologies from $83.00 to $84.00 and gave the stock a "buy" rating in a research report on Tuesday, September 3rd. Finally, Raymond James started coverage on Uber Technologies in a research report on Tuesday, September 24th. They set a "strong-buy" rating and a $90.00 target price for the company. Six research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Uber Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $88.65.

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.