Rothschild Capital Partners LLC Purchases New Position in Uber Technologies, Inc. (NYSE:UBER)

Rothschild Capital Partners LLC bought a new position in Uber Technologies, Inc. (NYSE:UBER - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 4,560 shares of the ride-sharing company's stock, valued at approximately $275,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Invst LLC grew its position in shares of Uber Technologies by 5.0% in the 3rd quarter. Invst LLC now owns 4,108 shares of the ride-sharing company's stock valued at $309,000 after buying an additional 197 shares during the last quarter. Advisory Resource Group boosted its position in shares of Uber Technologies by 1.6% during the 3rd quarter. Advisory Resource Group now owns 13,993 shares of the ride-sharing company's stock valued at $1,052,000 after purchasing an additional 222 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Uber Technologies during the 3rd quarter valued at about $1,328,000. SkyView Investment Advisors LLC boosted its position in shares of Uber Technologies by 3.0% during the 3rd quarter. SkyView Investment Advisors LLC now owns 30,280 shares of the ride-sharing company's stock valued at $2,276,000 after purchasing an additional 875 shares in the last quarter. Finally, Anchor Investment Management LLC boosted its position in shares of Uber Technologies by 8.9% during the 3rd quarter. Anchor Investment Management LLC now owns 33,718 shares of the ride-sharing company's stock valued at $2,534,000 after purchasing an additional 2,755 shares in the last quarter. Institutional investors and hedge funds own 80.24% of the company's stock.

Uber Technologies Price Performance

Shares of Uber Technologies stock traded up $0.23 on Tuesday, reaching $78.56. The stock had a trading volume of 5,466,000 shares, compared to its average volume of 23,008,838. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. The business's 50 day moving average is $73.55 and its two-hundred day moving average is $71.35. The company has a market cap of $164.32 billion, a P/E ratio of 17.23, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37. Uber Technologies, Inc. has a 1 year low of $54.84 and a 1 year high of $87.00.

Uber Technologies (NYSE:UBER - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. As a group, research analysts anticipate that Uber Technologies, Inc. will post 2.54 EPS for the current year.

Insider Buying and Selling

In other Uber Technologies news, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $75.00, for a total transaction of $206,250.00. Following the transaction, the chief financial officer now directly owns 22,162 shares in the company, valued at $1,662,150. This trade represents a 11.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Nikki Krishnamurthy sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $71.57, for a total transaction of $1,431,400.00. Following the completion of the transaction, the senior vice president now owns 361,908 shares in the company, valued at $25,901,755.56. This represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 77,154 shares of company stock worth $5,793,869. Insiders own 3.84% of the company's stock.

Analysts Set New Price Targets

UBER has been the topic of several research analyst reports. JPMorgan Chase & Co. cut their target price on Uber Technologies from $90.00 to $80.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Royal Bank of Canada reiterated an "outperform" rating and issued a $82.00 price target on shares of Uber Technologies in a report on Thursday, February 6th. Piper Sandler reiterated an "overweight" rating and issued a $87.00 price target (up previously from $80.00) on shares of Uber Technologies in a report on Tuesday, February 18th. DA Davidson cut their price target on Uber Technologies from $84.00 to $80.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Finally, Wolfe Research increased their price target on Uber Technologies from $90.00 to $92.00 and gave the stock an "outperform" rating in a report on Friday, January 3rd. Ten analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $89.81.

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.