Catalyst Private Wealth LLC Has $399,000 Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Catalyst Private Wealth LLC grew its position in Uber Technologies, Inc. (NYSE:UBER) by 3.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,617 shares of the ride-sharing company’s stock after buying an additional 191 shares during the period. Catalyst Private Wealth LLC’s holdings in Uber Technologies were worth $399,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. GHP Investment Advisors Inc. raised its holdings 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 acquiring an additional 245 shares during the period. Kieckhefer Group LLC acquired a new stake in shares of Uber Technologies in the 4th quarter valued at about $33,000. Fairfield Financial Advisors LTD bought a new stake in shares of Uber Technologies in the second quarter valued at about $36,000. Financial Management Professionals Inc. boosted its position in shares of Uber Technologies by 104.1% during the third quarter. Financial Management Professionals Inc. now owns 494 shares of the ride-sharing company’s stock worth $37,000 after buying an additional 252 shares during the period. Finally, Transcendent Capital Group LLC raised its position in Uber Technologies by 3,928.6% in the 3rd quarter. Transcendent Capital Group LLC now owns 564 shares of the ride-sharing company’s stock valued at $42,000 after buying an additional 550 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Insider Buying and Selling

In other news, insider Jill Hazelbaker sold 27,780 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the completion of the sale, the insider now directly owns 107,289 shares in the company, valued at $7,821,368.10. This represents a 20.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.84% of the stock is owned by corporate insiders.

Uber Technologies Price Performance

Uber Technologies stock traded down $0.23 during midday trading on Monday, reaching $65.74. The company’s stock had a trading volume of 23,920,797 shares, compared to its average volume of 28,752,688. 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 has a market cap of $138.43 billion, a PE ratio of 32.71, a price-to-earnings-growth ratio of 0.75 and a beta of 1.36. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. The business has a 50-day moving average price of $66.91 and a 200-day moving average price of $70.52.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings data on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.79. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. The business had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.99 billion. During the same quarter in the previous year, the company posted $0.10 EPS. Uber Technologies’s quarterly revenue was up 20.4% compared to the same quarter last year. On average, sell-side analysts predict that Uber Technologies, Inc. will post 1.89 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on UBER shares. Jefferies Financial Group raised their price target on shares of Uber Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Daiwa Capital Markets lowered shares of Uber Technologies from an “outperform” rating to a “neutral” rating and set a $84.00 price target on the stock. in a research note on Thursday, October 17th. Evercore ISI increased their price objective on shares of Uber Technologies from $90.00 to $120.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. The Goldman Sachs Group restated a “buy” rating and issued a $96.00 price objective on shares of Uber Technologies in a report on Thursday, January 2nd. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $92.00 target price on shares of Uber Technologies in a report on Friday, October 11th. Seven analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Uber Technologies has a consensus rating of “Moderate Buy” and an average price target of $91.53.

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.