Savant Capital LLC Purchases 631 Shares of Uber Technologies, Inc. (NYSE:UBER)

Savant Capital LLC boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 9.3% in the 4th quarter, Holdings Channel reports. The firm owned 7,390 shares of the ride-sharing company’s stock after buying an additional 631 shares during the period. Savant Capital LLC’s holdings in Uber Technologies were worth $455,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. boosted its stake in Uber Technologies by 12.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 456,422 shares of the ride-sharing company’s stock valued at $20,991,000 after buying an additional 52,324 shares in the last quarter. Telemus Capital LLC boosted its stake in shares of Uber Technologies by 37.9% in the 3rd quarter. Telemus Capital LLC now owns 10,165 shares of the ride-sharing company’s stock valued at $467,000 after purchasing an additional 2,794 shares in the last quarter. New York State Teachers Retirement System grew its holdings in shares of Uber Technologies by 70.3% during the 3rd quarter. New York State Teachers Retirement System now owns 40,163 shares of the ride-sharing company’s stock valued at $1,847,000 after purchasing an additional 16,576 shares during the last quarter. Brighton Jones LLC increased its position in Uber Technologies by 22.2% during the 3rd quarter. Brighton Jones LLC now owns 13,769 shares of the ride-sharing company’s stock worth $633,000 after purchasing an additional 2,503 shares in the last quarter. Finally, Castleview Partners LLC lifted its stake in Uber Technologies by 120.3% in the 3rd quarter. Castleview Partners LLC now owns 1,531 shares of the ride-sharing company’s stock valued at $70,000 after purchasing an additional 836 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on UBER shares. Piper Sandler upped their price target on shares of Uber Technologies from $78.00 to $92.00 and gave the stock an “overweight” rating in a report on Friday, March 15th. Jefferies Financial Group increased their target price on Uber Technologies from $95.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Argus boosted their target price on shares of Uber Technologies from $69.00 to $95.00 and gave the company a “buy” rating in a report on Monday, March 4th. Roth Mkm increased their price target on Uber Technologies from $72.00 to $79.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Finally, The Goldman Sachs Group boosted their price objective on Uber Technologies from $59.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Two 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, the stock presently has an average rating of “Moderate Buy” and an average price target of $81.65.

Uber Technologies Stock Up 1.0 %

Uber Technologies stock opened at $69.23 on Monday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market cap of $144.09 billion, a PE ratio of 80.50, a price-to-earnings-growth ratio of 1.09 and a beta of 1.39. Uber Technologies, Inc. has a fifty-two week low of $36.69 and a fifty-two week high of $82.14. The firm’s 50-day simple moving average is $75.33 and its 200 day simple moving average is $65.43.

Uber Technologies (NYSE:UBER) last released its earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.50. The company had revenue of $9.94 billion during the quarter, compared to analyst estimates of $9.76 billion. Uber Technologies had a return on equity of 18.95% and a net margin of 5.06%. Uber Technologies’s quarterly revenue was up 15.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.29 earnings per share. Research analysts predict that Uber Technologies, Inc. will post 1.23 EPS for the current fiscal year.

Insider Activity

In related news, insider Tony West sold 18,750 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the transaction, the insider now owns 185,566 shares in the company, valued at $13,004,465.28. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Jill Hazelbaker sold 20,000 shares of the stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total value of $1,556,600.00. Following the sale, the insider now owns 107,290 shares in the company, valued at $8,350,380.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Tony West sold 18,750 shares of Uber Technologies 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 sale, the insider now owns 185,566 shares of the company’s stock, valued at approximately $13,004,465.28. The disclosure for this sale can be found here. Insiders own 3.80% of the company’s stock.

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.