Integrity Wealth Solutions LLC Raises Holdings in Uber Technologies, Inc. (NYSE:UBER)

Integrity Wealth Solutions LLC raised its holdings in Uber Technologies, Inc. (NYSE:UBER) by 28.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,160 shares of the ride-sharing company’s stock after purchasing an additional 1,136 shares during the quarter. Integrity Wealth Solutions LLC’s holdings in Uber Technologies were worth $311,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of UBER. Kieckhefer Group LLC purchased a new stake in Uber Technologies in the fourth quarter valued at approximately $33,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Uber Technologies in the fourth quarter valued at $35,000. Financial Management Professionals Inc. raised its holdings in shares of Uber Technologies by 104.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock valued at $37,000 after buying an additional 252 shares during the period. Transcendent Capital Group LLC lifted its stake in Uber Technologies by 3,928.6% during the 3rd quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company’s stock worth $42,000 after acquiring an additional 550 shares in the last quarter. Finally, Fortitude Family Office LLC boosted its holdings in Uber Technologies by 84.7% during the 3rd quarter. Fortitude Family Office LLC now owns 602 shares of the ride-sharing company’s stock valued at $45,000 after acquiring an additional 276 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on UBER shares. Tigress Financial increased their price target on shares of Uber Technologies from $96.00 to $103.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Citizens Jmp lowered shares of Uber Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 2nd. Bank of America boosted their price target on shares of Uber Technologies from $88.00 to $96.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Benchmark reiterated a “hold” rating on shares of Uber Technologies in a report on Friday, November 1st. Finally, JMP Securities cut Uber Technologies from an “outperform” rating to a “market perform” rating and set a $95.00 target price for the company. in a research note on Thursday, January 2nd. Seven equities research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and an average target price of $91.53.

Insider Transactions at Uber Technologies

In related news, insider Jill Hazelbaker sold 27,780 shares of Uber Technologies stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the sale, the insider now directly owns 107,289 shares in the company, valued at $7,821,368.10. The trade was a 20.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 3.84% of the company’s stock.

Uber Technologies Trading Up 0.3 %

NYSE:UBER opened at $68.74 on Tuesday. Uber Technologies, Inc. has a 12-month low of $54.84 and a 12-month high of $87.00. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70. The stock’s 50 day simple moving average is $65.86 and its 200-day simple moving average is $70.26. The firm has a market cap of $144.74 billion, a P/E ratio of 34.20, a PEG ratio of 0.77 and a beta of 1.36.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.79. Uber Technologies had a net margin of 10.49% and a return on equity of 33.46%. The company had revenue of $11.19 billion for the quarter, compared to analysts’ expectations of $10.99 billion. During the same period in the previous year, the company posted $0.10 EPS. Uber Technologies’s revenue was up 20.4% compared to the same quarter last year. Equities analysts anticipate that Uber Technologies, Inc. will post 1.86 EPS for the current 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.