Uber Technologies, Inc. (NYSE:UBER) Shares Bought by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. raised its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 85.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 485 shares of the ride-sharing company’s stock after acquiring an additional 223 shares during the period. GHP Investment Advisors Inc.’s holdings in Uber Technologies were worth $29,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Kieckhefer Group LLC acquired a new position in shares of Uber Technologies in the 4th quarter valued at $33,000. Retirement Wealth Solutions LLC acquired a new stake in Uber Technologies during the fourth quarter valued at $35,000. Financial Management Professionals Inc. increased its holdings in Uber Technologies by 104.1% in the third quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock valued at $37,000 after buying an additional 252 shares in the last quarter. Transcendent Capital Group LLC raised its position in shares of Uber Technologies by 3,928.6% in the third 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 period. Finally, Crews Bank & Trust purchased a new stake in shares of Uber Technologies during the 4th quarter worth about $42,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Trading Up 6.8 %

NYSE UBER opened at $74.76 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 capitalization of $157.43 billion, a P/E ratio of 37.20, a PEG ratio of 0.77 and a beta of 1.39. The firm’s 50-day moving average is $65.28 and its two-hundred day moving average is $70.07. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.41 and a quick ratio of 1.41.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 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%. On average, sell-side analysts anticipate that Uber Technologies, Inc. will post 1.89 earnings per share for the current year.

Insider Transactions at Uber Technologies

In other 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 3.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. UBS Group reduced their price target on Uber Technologies from $114.00 to $107.00 and set a “buy” rating for the company in a report on Monday, February 3rd. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a research note on Friday, January 31st. Royal Bank of Canada reissued an “outperform” rating and issued a $82.00 price target on shares of Uber Technologies in a research note on Thursday. Loop Capital upped their price objective on shares of Uber Technologies from $84.00 to $86.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, Wells Fargo & Company dropped their target price on shares of Uber Technologies from $90.00 to $87.00 and set an “overweight” rating on the stock in a research report on Thursday. Seven analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $90.19.

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.