Uber Technologies, Inc. (NYSE:UBER) Shares Acquired by Aviso Wealth Management

Aviso Wealth Management raised its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 33.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,726 shares of the ride-sharing company's stock after purchasing an additional 10,103 shares during the quarter. Uber Technologies comprises 1.3% of Aviso Wealth Management's holdings, making the stock its 14th biggest position. Aviso Wealth Management's holdings in Uber Technologies were worth $2,457,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Avion Wealth boosted its position in Uber Technologies by 96.0% in 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 last quarter. Runnymede Capital Advisors Inc. purchased a new stake in Uber Technologies in the fourth quarter valued at $28,000. GHP Investment Advisors Inc. raised its stake in shares of 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 buying an additional 223 shares during the last quarter. Kieckhefer Group LLC purchased a new stake in shares of Uber Technologies in the fourth quarter worth about $33,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in Uber Technologies during the fourth quarter worth about $35,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Trading Down 3.1 %

NYSE:UBER traded down $2.33 on Friday, reaching $72.53. The company's stock had a trading volume of 7,432,346 shares, compared to its average volume of 24,085,814. The firm has a market cap of $151.51 billion, a price-to-earnings ratio of 15.91, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a 12-month low of $54.84 and a 12-month high of $87.00. The stock has a 50 day moving average price of $73.33 and a 200 day moving average price of $71.71.

Remove Ads

Uber Technologies (NYSE:UBER - Get Free Report) last posted its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 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%. On average, equities analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 31,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the transaction, the insider now owns 86,973 shares of the company's stock, valued at approximately $7,046,552.46. This represents a 26.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Nikki Krishnamurthy sold 20,000 shares of Uber Technologies stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $71.57, for a total value of $1,431,400.00. Following the completion of the transaction, the senior vice president now directly owns 361,908 shares of the company's stock, valued at approximately $25,901,755.56. This represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 77,154 shares of company stock valued at $5,793,869. Company insiders own 3.84% of the company's stock.

Analyst Ratings Changes

UBER has been the subject of a number of analyst reports. Royal Bank of Canada reissued an "outperform" rating and issued a $82.00 price target on shares of Uber Technologies in a report on Thursday, February 6th. Citizens Jmp cut shares of Uber Technologies from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 2nd. Needham & Company LLC restated a "buy" rating and set a $90.00 price target on shares of Uber Technologies in a research report on Wednesday, February 5th. Fox Advisors downgraded shares of Uber Technologies from an "overweight" rating to an "equal weight" rating in a research report on Tuesday, March 11th. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $80.00 price target on shares of Uber Technologies in a research note 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 issued a strong buy rating to the stock. According to data from MarketBeat.com, Uber Technologies has a consensus rating of "Moderate Buy" and a consensus 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.