RWA Wealth Partners LLC Takes Position in Uber Technologies, Inc. (NYSE:UBER)

RWA Wealth Partners LLC acquired a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 175,239 shares of the ride-sharing company's stock, valued at approximately $10,789,000.

Several other hedge funds also recently modified their holdings of the stock. OFI Invest Asset Management acquired a new stake in Uber Technologies in the 3rd quarter valued at about $26,000. Ritter Daniher Financial Advisory LLC DE lifted its position in Uber Technologies by 2,545.5% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 582 shares of the ride-sharing company's stock worth $27,000 after acquiring an additional 560 shares during the last quarter. JFS Wealth Advisors LLC lifted its position in Uber Technologies by 319.4% during the third quarter. JFS Wealth Advisors LLC now owns 650 shares of the ride-sharing company's stock worth $30,000 after acquiring an additional 495 shares during the last quarter. CVA Family Office LLC acquired a new stake in Uber Technologies during the fourth quarter worth approximately $30,000. Finally, Highlander Capital Management LLC lifted its position in Uber Technologies by 100.0% during the fourth quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company's stock worth $31,000 after acquiring an additional 250 shares during the last quarter. Institutional investors own 80.24% of the company's stock.

Insider Transactions at Uber Technologies

In other news, insider Jill Hazelbaker sold 20,000 shares of the business's stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the completion of the sale, the insider now directly owns 107,290 shares of the company's stock, valued at $8,350,380.70. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Uber Technologies news, insider Tony West sold 18,750 shares of the company's stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $70.08, for a total value of $1,314,000.00. Following the completion of the sale, the insider now directly owns 185,566 shares of the company's stock, valued at approximately $13,004,465.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jill Hazelbaker sold 20,000 shares of the company's stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total transaction of $1,556,600.00. Following the completion of the sale, the insider now directly owns 107,290 shares of the company's stock, valued at $8,350,380.70. The disclosure for this sale can be found here. 3.84% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on UBER shares. Wells Fargo & Company raised their price objective on shares of Uber Technologies from $90.00 to $95.00 and gave the stock an "overweight" rating in a research report on Monday, April 8th. The Goldman Sachs Group lifted their price target on shares of Uber Technologies from $59.00 to $78.00 and gave the company a "buy" rating in a research report on Thursday, January 11th. Tigress Financial lifted their price target on shares of Uber Technologies from $72.00 to $96.00 and gave the company a "buy" rating in a research report on Friday. Moffett Nathanson reiterated a "buy" rating and issued a $92.00 price target on shares of Uber Technologies in a research report on Thursday, April 11th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Uber Technologies from $84.00 to $95.00 and gave the company an "overweight" rating in a research report on Thursday, February 15th. Two equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the stock. Based on data from MarketBeat.com, Uber Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $78.94.

Uber Technologies Stock Down 0.3 %

Shares of NYSE UBER traded down $0.20 during trading on Monday, hitting $69.00. 26,800,382 shares of the company traded hands, compared to its average volume of 19,682,219. The business's fifty day moving average is $76.89 and its 200 day moving average is $63.77. Uber Technologies, Inc. has a fifty-two week low of $29.22 and a fifty-two week high of $82.14. The firm has a market capitalization of $143.62 billion, a price-to-earnings ratio of 80.47, a P/E/G ratio of 1.10 and a beta of 1.36. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.19 and a current ratio of 1.19.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings data on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.50. The firm had revenue of $9.94 billion for the quarter, compared to analyst estimates of $9.76 billion. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. The business's quarterly revenue was up 15.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 earnings per share. Equities research analysts predict that Uber Technologies, Inc. will post 1.22 earnings per share for the current fiscal year.

Uber Technologies 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.