Rothschild Capital Partners LLC Makes New Investment in Uber Technologies, Inc. (NYSE:UBER)

Rothschild Capital Partners LLC purchased a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,560 shares of the ride-sharing company's stock, valued at approximately $275,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Avion Wealth increased its stake 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 valued at $26,000 after acquiring an additional 218 shares during the last quarter. Transce3nd LLC purchased a new stake in Uber Technologies in the fourth quarter valued at approximately $27,000. Runnymede Capital Advisors Inc. acquired a new position in Uber Technologies during the fourth quarter worth approximately $28,000. GHP Investment Advisors Inc. raised its stake in Uber Technologies by 85.1% during 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. Finally, Retirement Wealth Solutions LLC purchased a new stake in shares of Uber Technologies during the 4th quarter valued at $35,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Uber Technologies

In related news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $75.00, for a total value of $206,250.00. Following the sale, the chief financial officer now directly owns 22,162 shares in the company, valued at $1,662,150. This trade represents a 11.04 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jill Hazelbaker sold 31,000 shares of the business's stock in a transaction 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 transaction, the insider now owns 86,973 shares of the company's stock, valued at $7,046,552.46. This trade represents a 26.28 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 77,154 shares of company stock worth $5,793,869. Insiders own 3.84% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on UBER. TD Cowen cut their target price on Uber Technologies from $90.00 to $88.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Arete Research raised shares of Uber Technologies to a "hold" rating in a research report on Tuesday, February 18th. Cantor Fitzgerald reissued an "overweight" rating and issued a $80.00 target price on shares of Uber Technologies in a research note on Wednesday, April 16th. UBS Group reaffirmed a "buy" rating on shares of Uber Technologies in a research report on Friday, February 21st. Finally, Piper Sandler reissued an "overweight" rating and issued a $87.00 price objective (up from $80.00) on shares of Uber Technologies in a research report on Tuesday, February 18th. Ten equities research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $89.81.

Uber Technologies Stock Performance

UBER traded down $0.36 on Friday, hitting $77.74. 20,038,405 shares of the company's stock were exchanged, compared to its average volume of 20,336,884. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. The stock has a fifty day moving average of $73.60 and a two-hundred day moving average of $71.46. Uber Technologies, Inc. has a twelve month low of $54.84 and a twelve month high of $87.00. The firm has a market cap of $162.62 billion, a PE ratio of 17.05, a P/E/G ratio of 0.89 and a beta of 1.37.

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

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.