Thompson Davis & CO. Inc. Purchases 390 Shares of Uber Technologies, Inc. (NYSE:UBER)

Thompson Davis & CO. Inc. increased its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 2.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 14,800 shares of the ride-sharing company’s stock after buying an additional 390 shares during the quarter. Uber Technologies makes up 0.8% of Thompson Davis & CO. Inc.’s investment portfolio, making the stock its 17th largest holding. Thompson Davis & CO. Inc.’s holdings in Uber Technologies were worth $911,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. CVA Family Office LLC acquired a new position in Uber Technologies during the 4th quarter valued at $30,000. Highlander Capital Management LLC raised its stake in Uber Technologies by 100.0% during the 4th quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company’s stock valued at $31,000 after purchasing an additional 250 shares during the last quarter. Bfsg LLC acquired a new position in Uber Technologies during the 4th quarter valued at $31,000. Blue Bell Private Wealth Management LLC raised its stake in Uber Technologies by 49.7% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 524 shares of the ride-sharing company’s stock valued at $32,000 after purchasing an additional 174 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group raised its stake in Uber Technologies by 82.9% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 578 shares of the ride-sharing company’s stock valued at $36,000 after purchasing an additional 262 shares during the last quarter. 80.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. upped their target price on shares of Uber Technologies from $84.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, February 15th. BTIG Research increased their price objective on shares of Uber Technologies from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, February 22nd. Royal Bank of Canada restated an “outperform” rating and issued a $85.00 price objective on shares of Uber Technologies in a research note on Thursday, February 15th. Barclays increased their price objective on shares of Uber Technologies from $63.00 to $86.00 and gave the company an “overweight” rating in a research note on Thursday, February 8th. Finally, KeyCorp increased their price objective on shares of Uber Technologies from $79.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, February 15th. Two research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the stock. According to MarketBeat, Uber Technologies has an average rating of “Moderate Buy” and a consensus target price of $79.39.

Insider Activity

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

Uber Technologies Stock Down 1.7 %

Shares of NYSE UBER traded down $1.14 during midday trading on Tuesday, reaching $66.26. The company’s stock had a trading volume of 22,698,419 shares, compared to its average volume of 19,764,270. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.79. Uber Technologies, Inc. has a fifty-two week low of $31.76 and a fifty-two week high of $82.14. The stock has a market capitalization of $137.91 billion, a price-to-earnings ratio of 78.38, a PEG ratio of 1.09 and a beta of 1.36. The stock has a 50 day simple moving average of $76.08 and a 200-day simple moving average of $64.75.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, February 7th. The ride-sharing company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.50. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. The company had revenue of $9.94 billion for the quarter, compared to the consensus estimate of $9.76 billion. During the same period last year, the company earned $0.29 earnings per share. The firm’s revenue was up 15.4% compared to the same quarter last year. Equities research analysts predict that Uber Technologies, Inc. will post 1.22 earnings per share for the current year.

About Uber Technologies

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.