Uber Technologies, Inc. (NYSE:UBER) Shares Sold by Sivia Capital Partners LLC

Sivia Capital Partners LLC lowered its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 6.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,216 shares of the ride-sharing company’s stock after selling 284 shares during the quarter. Sivia Capital Partners LLC’s holdings in Uber Technologies were worth $254,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. GHP Investment Advisors Inc. grew its position in shares of Uber Technologies by 222.7% during the second quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company’s stock worth $26,000 after acquiring an additional 245 shares during the last quarter. Thoroughbred Financial Services LLC boosted its position in shares of Uber Technologies by 49.6% during the second quarter. Thoroughbred Financial Services LLC now owns 22,503 shares of the ride-sharing company’s stock worth $1,635,000 after buying an additional 7,462 shares during the period. Wealthspire Advisors LLC grew its holdings in Uber Technologies by 0.6% in the 2nd quarter. Wealthspire Advisors LLC now owns 24,893 shares of the ride-sharing company’s stock worth $1,809,000 after buying an additional 151 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Uber Technologies by 13.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,583,121 shares of the ride-sharing company’s stock valued at $260,421,000 after acquiring an additional 435,484 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its holdings in shares of Uber Technologies by 57.1% during the second quarter. J.W. Cole Advisors Inc. now owns 40,883 shares of the ride-sharing company’s stock valued at $2,971,000 after purchasing an additional 14,853 shares during the period. Institutional investors own 80.24% of the company’s stock.

Insider Activity

In related news, insider Jill Hazelbaker sold 27,780 shares of the company’s stock in a transaction that occurred on 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 sale, the insider now owns 107,289 shares of the company’s stock, valued at approximately $7,821,368.10. This represents a 20.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.84% of the company’s stock.

Uber Technologies Stock Performance

Shares of NYSE:UBER traded up $0.07 on Monday, reaching $66.04. 18,910,808 shares of the company’s stock were exchanged, compared to its average volume of 28,000,695. The company has a fifty day moving average of $66.91 and a 200-day moving average of $70.52. The company has a market capitalization of $139.06 billion, a price-to-earnings ratio of 32.86, a PEG ratio of 0.75 and a beta of 1.36. 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 twelve month low of $54.84 and a twelve month high of $87.00.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.79. The company had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.99 billion. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. Uber Technologies’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same quarter last year, the business posted $0.10 EPS. On average, research analysts predict that Uber Technologies, Inc. will post 1.89 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on UBER. Evercore ISI upped their price objective on Uber Technologies from $90.00 to $120.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Oppenheimer raised their price objective on shares of Uber Technologies from $90.00 to $95.00 and gave the company an “outperform” rating in a research report on Friday, September 27th. UBS Group boosted their target price on shares of Uber Technologies from $102.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, October 18th. Citizens Jmp lowered shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 2nd. Finally, KeyCorp cut their price objective on Uber Technologies from $90.00 to $85.00 and set an “overweight” rating for the company in a research report on Friday, November 1st. Seven 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. According to MarketBeat.com, Uber Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $91.53.

Uber Technologies Company 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.