Uber Technologies, Inc. (NYSE:UBER) Shares Sold by Crewe Advisors LLC

Crewe Advisors LLC cut its stake in Uber Technologies, Inc. (NYSE:UBER) by 34.8% in the fourth quarter, Holdings Channel reports. The firm owned 1,472 shares of the ride-sharing company’s stock after selling 785 shares during the period. Crewe Advisors LLC’s holdings in Uber Technologies were worth $89,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Kieckhefer Group LLC acquired a new stake in Uber Technologies during the 4th quarter valued at approximately $33,000. Retirement Wealth Solutions LLC acquired a new stake in Uber Technologies during the 4th quarter valued at approximately $35,000. Financial Management Professionals Inc. lifted its stake in Uber Technologies by 104.1% during 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 during the period. Transcendent Capital Group LLC lifted its stake 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 valued at $42,000 after acquiring an additional 550 shares during the period. Finally, Crews Bank & Trust acquired a new stake in Uber Technologies during the 4th quarter valued at approximately $42,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies Price Performance

Uber Technologies stock opened at $70.04 on Friday. Uber Technologies, Inc. has a 12-month low of $54.84 and a 12-month high of $87.00. The stock has a market cap of $147.47 billion, a P/E ratio of 34.84, a PEG ratio of 0.77 and a beta of 1.39. The company has a 50-day moving average price of $65.31 and a 200 day moving average price of $70.07. 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 (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. Sell-side analysts anticipate that Uber Technologies, Inc. will post 1.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

UBER has been the subject of several research reports. The Goldman Sachs Group restated a “buy” rating and set a $96.00 price objective on shares of Uber Technologies in a research note on Thursday, January 2nd. Jefferies Financial Group boosted their target price on shares of Uber Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 target price on shares of Uber Technologies in a research note on Wednesday. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a research note on Friday, January 31st. Finally, DA Davidson decreased their target price on shares of Uber Technologies from $84.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday. Seven investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $90.19.

Insider Buying and Selling

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the completion of the transaction, the insider now owns 107,289 shares of the company’s stock, valued at $7,821,368.10. This trade represents a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.80% of the stock is owned by company insiders.

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.