6,724 Shares in Uber Technologies, Inc. (NYSE:UBER) Purchased by Total Wealth Planning & Management Inc.

Total Wealth Planning & Management Inc. bought a new stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,724 shares of the ride-sharing company's stock, valued at approximately $406,000.

Several other institutional investors also recently bought and sold shares of UBER. Avion Wealth lifted its position in shares of Uber Technologies by 96.0% during the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company's stock worth $26,000 after buying an additional 218 shares during the last quarter. Transce3nd LLC purchased a new stake in Uber Technologies in the 4th quarter valued at $27,000. Fourth Dimension Wealth LLC purchased a new stake in Uber Technologies in the 4th quarter valued at $27,000. Runnymede Capital Advisors Inc. purchased a new stake in Uber Technologies in the 4th quarter valued at $28,000. Finally, GHP Investment Advisors Inc. raised its position in 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 purchasing an additional 223 shares during the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Uber Technologies

In related news, insider Jill Hazelbaker sold 34,884 shares of Uber Technologies stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $86.03, for a total value of $3,001,070.52. Following the completion of the transaction, the insider now directly owns 102,135 shares in the company, valued at approximately $8,786,674.05. The trade was a 25.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Tony West sold 23,404 shares of Uber Technologies stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the sale, the insider now directly owns 114,241 shares of the company's stock, valued at $8,027,715.07. This represents a 17.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 83,788 shares of company stock worth $6,517,070. Insiders own 3.84% of the company's stock.

Uber Technologies Trading Down 0.7%

UBER traded down $0.61 during trading on Wednesday, reaching $88.39. 13,749,595 shares of the stock traded hands, compared to its average volume of 20,427,985. 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 stock has a market capitalization of $184.84 billion, a PE ratio of 19.38, a P/E/G ratio of 0.89 and a beta of 1.43. The stock's 50-day moving average is $78.76 and its 200 day moving average is $72.73. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $93.60.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.33. The company had revenue of $11.53 billion for the quarter, compared to analysts' expectations of $11.61 billion. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. The business's revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.32) EPS. Equities analysts anticipate that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on UBER. Piper Sandler reissued an "overweight" rating and issued a $87.00 price objective (up from $80.00) on shares of Uber Technologies in a research note on Tuesday, February 18th. Fox Advisors cut shares of Uber Technologies from an "overweight" rating to an "equal weight" rating in a research note on Tuesday, March 11th. JMP Securities reissued a "market perform" rating on shares of Uber Technologies in a research note on Thursday, May 15th. Barclays boosted their price objective on shares of Uber Technologies from $86.00 to $97.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $82.00 price objective on shares of Uber Technologies in a research note on Monday, May 5th. Eleven equities research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $93.91.

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.