Uber Technologies, Inc. (NYSE:UBER) Shares Purchased by Capital Advisors Inc. OK

Capital Advisors Inc. OK lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 5.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 545,239 shares of the ride-sharing company's stock after purchasing an additional 29,999 shares during the period. Capital Advisors Inc. OK's holdings in Uber Technologies were worth $39,726,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Navalign LLC boosted its stake in Uber Technologies by 0.5% in the fourth quarter. Navalign LLC now owns 25,468 shares of the ride-sharing company's stock valued at $1,536,000 after acquiring an additional 126 shares in the last quarter. Grove Bank & Trust lifted its holdings in shares of Uber Technologies by 0.9% in the 1st quarter. Grove Bank & Trust now owns 14,139 shares of the ride-sharing company's stock valued at $1,030,000 after purchasing an additional 133 shares during the last quarter. Amplius Wealth Advisors LLC boosted its position in shares of Uber Technologies by 3.6% in the 1st quarter. Amplius Wealth Advisors LLC now owns 4,140 shares of the ride-sharing company's stock valued at $302,000 after purchasing an additional 145 shares during the period. Welch & Forbes LLC grew its stake in Uber Technologies by 3.9% during the 4th quarter. Welch & Forbes LLC now owns 3,936 shares of the ride-sharing company's stock worth $237,000 after buying an additional 148 shares during the last quarter. Finally, United Advisor Group LLC grew its stake in Uber Technologies by 3.6% during the 4th quarter. United Advisor Group LLC now owns 4,367 shares of the ride-sharing company's stock worth $263,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Price Performance

UBER stock traded up $3.04 during midday trading on Monday, hitting $96.67. 29,774,053 shares of the stock were exchanged, compared to its average volume of 21,181,864. The stock's 50-day moving average price is $86.90 and its 200-day moving average price is $76.53. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market cap of $202.15 billion, a price-to-earnings ratio of 16.93, a PEG ratio of 1.19 and a beta of 1.40. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $97.09.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The ride-sharing company reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.33. Uber Technologies had a return on equity of 66.46% and a net margin of 27.07%. The business had revenue of $11.53 billion during the quarter, compared to analysts' expectations of $11.61 billion. During the same quarter last year, the business posted ($0.32) earnings per share. The business's revenue for the quarter was up 13.8% on a year-over-year basis. Research analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UBER. Citigroup increased their price objective on Uber Technologies from $92.00 to $102.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Bank of America increased their price target on shares of Uber Technologies from $96.00 to $97.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. UBS Group lifted their price objective on shares of Uber Technologies from $103.00 to $107.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Wedbush cut shares of Uber Technologies from an "outperform" rating to a "neutral" rating and upped their target price for the company from $80.00 to $85.00 in a report on Thursday, May 8th. Finally, Stifel Nicolaus began coverage on Uber Technologies in a report on Wednesday, June 11th. They set a "buy" rating and a $110.00 price target on the stock. Thirteen analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $95.44.

Insider Activity

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $85.00, for a total value of $233,750.00. Following the sale, the chief financial officer owned 21,063 shares of the company's stock, valued at $1,790,355. This represents a 11.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jill Hazelbaker sold 34,884 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $86.03, for a total transaction of $3,001,070.52. Following the completion of the sale, the insider owned 102,135 shares in the company, valued at $8,786,674.05. This represents a 25.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 3.84% of the company's stock.

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.