Uber Technologies, Inc. (NYSE:UBER) Shares Acquired by Creative Planning

Creative Planning increased its stake in Uber Technologies, Inc. (NYSE:UBER) by 34.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 195,163 shares of the ride-sharing company’s stock after acquiring an additional 49,491 shares during the period. Creative Planning’s holdings in Uber Technologies were worth $14,668,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GHP Investment Advisors Inc. increased its stake in shares of Uber Technologies by 222.7% during the second quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company’s stock worth $26,000 after buying an additional 245 shares during the period. Financial Management Professionals Inc. increased its position in shares of Uber Technologies by 111.6% in the 1st quarter. Financial Management Professionals Inc. now owns 383 shares of the ride-sharing company’s stock valued at $29,000 after purchasing an additional 202 shares during the last quarter. WR Wealth Planners LLC raised its holdings in shares of Uber Technologies by 563.9% in the 2nd quarter. WR Wealth Planners LLC now owns 405 shares of the ride-sharing company’s stock valued at $29,000 after purchasing an additional 344 shares in the last quarter. J.Safra Asset Management Corp purchased a new stake in shares of Uber Technologies during the 1st quarter worth $32,000. Finally, MCF Advisors LLC grew its stake in shares of Uber Technologies by 1,038.5% during the second quarter. MCF Advisors LLC now owns 444 shares of the ride-sharing company’s stock worth $32,000 after purchasing an additional 405 shares in the last quarter. 80.24% of the stock is owned by institutional investors and hedge funds.

Uber Technologies Price Performance

Shares of NYSE UBER opened at $80.46 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.21 and a current ratio of 1.21. Uber Technologies, Inc. has a one year low of $40.09 and a one year high of $87.00. The firm has a market capitalization of $169.04 billion, a P/E ratio of 88.42, a PEG ratio of 1.37 and a beta of 1.33. The company’s fifty day moving average is $74.53 and its two-hundred day moving average is $70.67.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Tuesday, August 6th. The ride-sharing company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.16. Uber Technologies had a net margin of 5.02% and a return on equity of 17.06%. The firm had revenue of $10.70 billion for the quarter, compared to the consensus estimate of $10.57 billion. During the same quarter in the previous year, the firm earned $0.18 earnings per share. The firm’s revenue was up 15.9% on a year-over-year basis. Analysts forecast that Uber Technologies, Inc. will post 1.08 EPS for the current fiscal year.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 40,000 shares of Uber Technologies stock in a transaction on Monday, September 16th. The stock was sold at an average price of $72.00, for a total transaction of $2,880,000.00. Following the completion of the transaction, the insider now directly owns 127,352 shares of the company’s stock, valued at approximately $9,169,344. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 3.84% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on UBER shares. Morgan Stanley upped their price objective on Uber Technologies from $90.00 to $95.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 23rd. Loop Capital upped their price target on Uber Technologies from $83.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. Roth Mkm raised their price objective on shares of Uber Technologies from $89.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. Oppenheimer upped their target price on shares of Uber Technologies from $90.00 to $95.00 and gave the company an “outperform” rating in a report on Friday, September 27th. Finally, Wolfe Research assumed coverage on shares of Uber Technologies in a research note on Tuesday, July 16th. They set an “outperform” rating and a $90.00 price target on the stock. Six investment analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Uber Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $88.51.

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.