Uber Technologies, Inc. (NYSE:UBER) Shares Bought by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC increased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 233.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,623 shares of the ride-sharing company’s stock after purchasing an additional 45,222 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Uber Technologies were worth $3,898,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of UBER. GHP Investment Advisors Inc. increased its holdings in shares of Uber Technologies by 85.1% in the 4th quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock valued at $29,000 after acquiring an additional 223 shares during the last quarter. Kieckhefer Group LLC purchased a new position in Uber Technologies in the fourth quarter valued at approximately $33,000. Retirement Wealth Solutions LLC acquired a new stake in Uber Technologies during the fourth quarter worth approximately $35,000. Financial Management Professionals Inc. lifted its position in shares of Uber Technologies by 104.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock worth $37,000 after buying an additional 252 shares during the last quarter. Finally, Transcendent Capital Group LLC boosted its holdings in shares of Uber Technologies by 3,928.6% in the 3rd quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company’s stock valued at $42,000 after buying an additional 550 shares in the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were 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 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.84% of the stock is currently owned by corporate insiders.

Uber Technologies Trading Down 2.2 %

UBER stock opened at $76.90 on Wednesday. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. The company has a market cap of $161.93 billion, a price-to-earnings ratio of 16.86, a PEG ratio of 0.81 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. The business has a fifty day simple moving average of $65.45 and a 200-day simple moving average of $70.26.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, topping 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, equities research analysts expect that Uber Technologies, Inc. will post 2.4 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on UBER shares. Royal Bank of Canada restated an “outperform” rating and issued a $82.00 price target on shares of Uber Technologies in a research report on Thursday, February 6th. Jefferies Financial Group raised their price objective on shares of Uber Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. KeyCorp dropped their target price on Uber Technologies from $90.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday, November 1st. Citizens Jmp downgraded Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. Finally, Bank of America lifted their price target on Uber Technologies from $88.00 to $96.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Seven equities research analysts have rated the stock with a hold rating, twenty-eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $90.70.

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.