Creative Financial Designs Inc. ADV Purchases 1,387 Shares of Uber Technologies, Inc. (NYSE:UBER)

Creative Financial Designs Inc. ADV increased its stake in shares of Uber Technologies, Inc. (NYSE:UBER) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,545 shares of the ride-sharing company’s stock after buying an additional 1,387 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Uber Technologies were worth $1,420,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Teachers Retirement System of The State of Kentucky grew its position in Uber Technologies by 4.4% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 321,726 shares of the ride-sharing company’s stock worth $24,180,000 after buying an additional 13,433 shares in the last quarter. Aviso Wealth Management acquired a new stake in Uber Technologies during the third quarter worth approximately $2,302,000. Polianta Ltd acquired a new stake in Uber Technologies during the fourth quarter worth approximately $1,206,000. Allworth Financial LP grew its position in Uber Technologies by 8.9% during the fourth quarter. Allworth Financial LP now owns 20,381 shares of the ride-sharing company’s stock worth $1,229,000 after buying an additional 1,663 shares in the last quarter. Finally, Brophy Wealth Management LLC acquired a new stake in Uber Technologies during the third quarter worth approximately $1,041,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Citigroup reduced their target price on Uber Technologies from $98.00 to $92.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Tigress Financial raised their target price on Uber Technologies from $96.00 to $103.00 and gave the company a “buy” rating in a report on Monday, November 25th. Citizens Jmp downgraded Uber Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 2nd. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a report on Friday, January 31st. Finally, KGI Securities reaffirmed a “neutral” rating and issued a $78.00 target price on shares of Uber Technologies in a report on Tuesday, March 11th. Ten investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $90.31.

Uber Technologies Stock Performance

UBER stock opened at $72.71 on Tuesday. The stock has a 50-day moving average price of $71.98 and a 200-day moving average price of $71.56. Uber Technologies, Inc. has a 1-year low of $54.84 and a 1-year high of $87.00. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. The firm has a market cap of $151.89 billion, a PE ratio of 15.95, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, topping the consensus estimate of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. As a group, equities research analysts expect that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Insider Activity at Uber Technologies

In related news, insider Tony West sold 23,404 shares of the business’s stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $70.27, for a total value of $1,644,599.08. Following the completion of the sale, the insider now directly owns 114,241 shares of the company’s stock, valued at $8,027,715.07. The trade was a 17.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jill Hazelbaker sold 31,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $81.02, for a total value of $2,511,620.00. Following the completion of the sale, the insider now directly owns 86,973 shares of the company’s stock, valued at $7,046,552.46. The trade was a 26.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.84% of the stock is currently owned by corporate insiders.

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.