2,581 Shares in Uber Technologies, Inc. (NYSE:UBER) Bought by Ethos Financial Group LLC

Ethos Financial Group LLC purchased a new position in Uber Technologies, Inc. (NYSE:UBER) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,581 shares of the ride-sharing company’s stock, valued at approximately $156,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Carmel Capital Partners LLC increased its holdings in Uber Technologies by 110.1% in the 4th quarter. Carmel Capital Partners LLC now owns 28,615 shares of the ride-sharing company’s stock worth $1,726,000 after acquiring an additional 14,998 shares in the last quarter. HS Management Partners LLC boosted its stake in Uber Technologies by 149.4% during the 4th quarter. HS Management Partners LLC now owns 1,118,950 shares of the ride-sharing company’s stock worth $67,495,000 after purchasing an additional 670,345 shares during the last quarter. Black Swift Group LLC acquired a new stake in Uber Technologies during the 4th quarter worth $820,000. One Capital Management LLC boosted its stake in Uber Technologies by 97.9% during the 4th quarter. One Capital Management LLC now owns 6,903 shares of the ride-sharing company’s stock worth $416,000 after purchasing an additional 3,414 shares during the last quarter. Finally, Dana Investment Advisors Inc. boosted its stake in Uber Technologies by 1.9% during the 4th quarter. Dana Investment Advisors Inc. now owns 372,172 shares of the ride-sharing company’s stock worth $22,449,000 after purchasing an additional 7,067 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on UBER shares. Piper Sandler reaffirmed an “overweight” rating and set a $87.00 target price (up previously from $80.00) on shares of Uber Technologies in a research note on Tuesday, February 18th. Citizens Jmp cut shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 2nd. JPMorgan Chase & Co. lowered their target price on shares of Uber Technologies from $95.00 to $90.00 and set an “overweight” rating on the stock in a research note on Thursday, February 6th. UBS Group reissued a “buy” rating on shares of Uber Technologies in a research report on Friday, February 21st. Finally, Benchmark reissued a “hold” rating on shares of Uber Technologies in a research report on Friday, January 31st. Eight 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 company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $90.71.

Insider Buying and Selling

In other Uber Technologies news, insider Jill Hazelbaker sold 31,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total value of $2,511,620.00. Following the transaction, the insider now directly owns 86,973 shares in the company, valued at $7,046,552.46. This represents a 26.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 3.84% of the company’s stock.

Uber Technologies Stock Down 2.1 %

UBER stock opened at $74.88 on Friday. The company’s 50 day moving average price is $70.62 and its 200 day moving average price is $71.63. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The firm has a market capitalization of $156.41 billion, a price-to-earnings ratio of 16.42, a PEG ratio of 0.89 and a beta of 1.39.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, topping 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 research analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

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.