Fidelis Capital Partners LLC Grows Position in Uber Technologies, Inc. (NYSE:UBER)

Fidelis Capital Partners LLC increased its position in Uber Technologies, Inc. (NYSE:UBER) by 20.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,063 shares of the ride-sharing company’s stock after purchasing an additional 853 shares during the period. Fidelis Capital Partners LLC’s holdings in Uber Technologies were worth $368,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. GHP Investment Advisors Inc. raised its stake in shares of Uber Technologies by 222.7% in the second quarter. GHP Investment Advisors Inc. now owns 355 shares of the ride-sharing company’s stock worth $26,000 after purchasing an additional 245 shares during the last quarter. Financial Management Professionals Inc. raised its position in Uber Technologies by 111.6% in the 1st quarter. Financial Management Professionals Inc. now owns 383 shares of the ride-sharing company’s stock worth $29,000 after buying an additional 202 shares during the last quarter. WR Wealth Planners LLC lifted its stake in Uber Technologies by 563.9% during the 2nd quarter. WR Wealth Planners LLC now owns 405 shares of the ride-sharing company’s stock valued at $29,000 after acquiring an additional 344 shares during the period. J.Safra Asset Management Corp purchased a new stake in shares of Uber Technologies during the 1st quarter valued at about $32,000. Finally, MCF Advisors LLC grew its stake in shares of Uber Technologies by 1,038.5% in the second quarter. MCF Advisors LLC now owns 444 shares of the ride-sharing company’s stock worth $32,000 after acquiring an additional 405 shares during the period. Institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling

In related news, insider Jill Hazelbaker sold 40,000 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $72.00, for a total value of $2,880,000.00. Following the completion of the transaction, the insider now directly owns 127,352 shares in the company, valued at approximately $9,169,344. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, insider Jill Hazelbaker sold 40,000 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.00, for a total value of $2,880,000.00. Following the completion of the transaction, the insider now owns 127,352 shares of the company’s stock, valued at approximately $9,169,344. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Dara Khosrowshahi sold 500,000 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $71.91, for a total value of $35,955,000.00. Following the completion of the sale, the chief executive officer now owns 1,266,114 shares of the company’s stock, valued at $91,046,257.74. The disclosure for this sale can be found here. 3.84% of the stock is owned by corporate insiders.

Uber Technologies Stock Performance

Shares of UBER stock opened at $74.69 on Tuesday. The company’s 50 day moving average is $69.65 and its 200 day moving average is $70.63. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.72. The firm has a market cap of $156.07 billion, a price-to-earnings ratio of 120.47, a PEG ratio of 1.27 and a beta of 1.33. Uber Technologies, Inc. has a 52-week low of $40.09 and a 52-week high of $82.14.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Tuesday, August 6th. The ride-sharing company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.16. Uber Technologies had a return on equity of 17.06% and a net margin of 5.02%. The firm had revenue of $10.70 billion during the quarter, compared to analysts’ expectations of $10.57 billion. During the same quarter last year, the firm earned $0.18 EPS. The business’s quarterly revenue was up 15.9% on a year-over-year basis. On average, sell-side analysts anticipate that Uber Technologies, Inc. will post 1.06 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UBER has been the subject of several research analyst reports. Roth Mkm lifted their price objective on Uber Technologies from $89.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. Loop Capital increased their price objective on shares of Uber Technologies from $83.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. TD Cowen raised their price objective on shares of Uber Technologies from $88.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, July 23rd. JMP Securities upped their target price on shares of Uber Technologies from $75.00 to $80.00 and gave the company a “market outperform” rating in a report on Wednesday, August 7th. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $97.00 price target on shares of Uber Technologies in a research report on Friday, September 13th. Four equities research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $87.60.

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.