Wealthcare Advisory Partners LLC Purchases 5,275 Shares of Uber Technologies, Inc. (NYSE:UBER)

Wealthcare Advisory Partners LLC increased its holdings in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 32.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,522 shares of the ride-sharing company's stock after purchasing an additional 5,275 shares during the period. Wealthcare Advisory Partners LLC's holdings in Uber Technologies were worth $1,298,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Kieckhefer Group LLC bought a new stake in shares of Uber Technologies in the fourth quarter valued at about $33,000. Financial Management Professionals Inc. lifted its stake in Uber Technologies by 104.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company's stock valued at $37,000 after acquiring an additional 252 shares in the last quarter. Transcendent Capital Group LLC boosted its position in Uber Technologies by 3,928.6% during the 3rd quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company's stock worth $42,000 after acquiring an additional 550 shares during the last quarter. Fortitude Family Office LLC grew its stake in shares of 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 acquiring an additional 276 shares in the last quarter. Finally, ORG Partners LLC boosted its holdings in Uber Technologies by 142.9% during the third quarter. ORG Partners LLC now owns 651 shares of the ride-sharing company's stock worth $49,000 after purchasing an additional 383 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Jill Hazelbaker sold 27,780 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the completion of the sale, the insider now directly owns 107,289 shares of the company's stock, valued at $7,821,368.10. This represents a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 3.80% of the company's stock.

Wall Street Analyst Weigh In

UBER has been the topic of a number of recent research reports. DA Davidson lifted their target price on Uber Technologies from $82.00 to $84.00 and gave the company a "buy" rating in a research report on Wednesday, November 6th. JMP Securities downgraded Uber Technologies from an "outperform" rating to a "market perform" rating and set a $95.00 price target for the company. in a research note on Thursday, January 2nd. Loop Capital upped their price objective on Uber Technologies from $84.00 to $86.00 and gave the stock a "buy" rating in a research note on Wednesday, November 6th. Needham & Company LLC reissued a "buy" rating and issued a $90.00 target price on shares of Uber Technologies in a research note on Thursday, October 31st. Finally, Jefferies Financial Group upped their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Seven equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Uber Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $91.53.

Uber Technologies Price Performance

NYSE:UBER traded down $1.28 on Friday, hitting $67.30. The company had a trading volume of 27,057,083 shares, compared to its average volume of 22,576,684. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. The firm has a 50 day moving average of $66.24 and a two-hundred day moving average of $70.36. The stock has a market capitalization of $141.71 billion, a price-to-earnings ratio of 33.48, a PEG ratio of 0.71 and a beta of 1.36.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.79. The company had revenue of $11.19 billion during the quarter, compared to analysts' expectations of $10.99 billion. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. Uber Technologies's revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 earnings per share. On average, research analysts anticipate that Uber Technologies, Inc. will post 1.9 earnings per share for the current 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.