Uber Technologies, Inc. (NYSE:UBER) Shares Acquired by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC lifted its position in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 21.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 71,462 shares of the ride-sharing company's stock after purchasing an additional 12,727 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Uber Technologies were worth $5,207,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Noble Wealth Management PBC purchased a new position in Uber Technologies during the 1st quarter worth $27,000. Kozak & Associates Inc. raised its holdings in Uber Technologies by 155.9% during the first quarter. Kozak & Associates Inc. now owns 366 shares of the ride-sharing company's stock worth $27,000 after purchasing an additional 223 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its position in Uber Technologies by 305.1% in the first quarter. GPS Wealth Strategies Group LLC now owns 397 shares of the ride-sharing company's stock valued at $29,000 after purchasing an additional 299 shares during the period. Perkins Coie Trust Co boosted its holdings in Uber Technologies by 306.0% in the 1st quarter. Perkins Coie Trust Co now owns 406 shares of the ride-sharing company's stock valued at $30,000 after purchasing an additional 306 shares in the last quarter. Finally, Fourth Dimension Wealth LLC purchased a new position in shares of Uber Technologies during the 4th quarter worth approximately $27,000. 80.24% of the stock is owned by hedge funds and other institutional investors.

Uber Technologies Trading Down 0.5%

Shares of NYSE:UBER traded down $0.47 during midday trading on Wednesday, reaching $97.01. The company's stock had a trading volume of 3,403,358 shares, compared to its average volume of 21,166,394. The firm has a market cap of $202.86 billion, a price-to-earnings ratio of 16.97, a price-to-earnings-growth ratio of 1.23 and a beta of 1.40. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.37. Uber Technologies, Inc. has a 1 year low of $54.84 and a 1 year high of $97.90. The business has a 50 day moving average price of $87.63 and a 200 day moving average price of $76.92.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $11.53 billion for the quarter, compared to analyst estimates of $11.61 billion. Uber Technologies had a return on equity of 66.46% and a net margin of 27.07%. The firm's quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the company earned ($0.32) EPS. Research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Analyst Upgrades and Downgrades

UBER has been the topic of a number of analyst reports. Tigress Financial set a $110.00 price target on Uber Technologies and gave the company a "buy" rating in a research note on Friday, May 23rd. Wells Fargo & Company increased their price target on shares of Uber Technologies from $100.00 to $120.00 and gave the company an "overweight" rating in a report on Monday. KGI Securities reissued a "neutral" rating and set a $78.00 price objective on shares of Uber Technologies in a report on Tuesday, March 11th. Barclays increased their target price on shares of Uber Technologies from $86.00 to $97.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Finally, JPMorgan Chase & Co. upped their price target on Uber Technologies from $92.00 to $105.00 and gave the stock an "overweight" rating in a report on Tuesday, May 20th. Thirteen equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to data from MarketBeat.com, Uber Technologies currently has an average rating of "Moderate Buy" and an average price target of $95.97.

Insider Activity at Uber Technologies

In related news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the business's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $85.00, for a total value of $233,750.00. Following the completion of the sale, the chief financial officer directly owned 21,063 shares in the company, valued at approximately $1,790,355. The trade was a 11.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 stock was sold at an average price of $86.03, for a total transaction of $3,001,070.52. Following the transaction, the insider directly owned 102,135 shares in the company, valued at approximately $8,786,674.05. This represents a 25.46% decrease in their position. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by company insiders.

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.