Catalyst Financial Partners LLC Invests $316,000 in Uber Technologies, Inc. (NYSE:UBER)

Catalyst Financial Partners LLC bought a new position in Uber Technologies, Inc. (NYSE:UBER) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 5,139 shares of the ride-sharing company’s stock, valued at approximately $316,000.

A number of other large investors have also recently made changes to their positions in UBER. OFI Invest Asset Management bought a new position in Uber Technologies during the 3rd quarter valued at about $26,000. Ritter Daniher Financial Advisory LLC DE grew its stake in Uber Technologies by 2,545.5% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 582 shares of the ride-sharing company’s stock worth $27,000 after acquiring an additional 560 shares in the last quarter. JFS Wealth Advisors LLC grew its stake in Uber Technologies by 319.4% in the 3rd quarter. JFS Wealth Advisors LLC now owns 650 shares of the ride-sharing company’s stock worth $30,000 after acquiring an additional 495 shares in the last quarter. CVA Family Office LLC bought a new position in Uber Technologies in the 4th quarter worth about $30,000. Finally, Highlander Capital Management LLC grew its stake in Uber Technologies by 100.0% in the 4th quarter. Highlander Capital Management LLC now owns 500 shares of the ride-sharing company’s stock worth $31,000 after acquiring an additional 250 shares in the last quarter. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Stock Performance

NYSE UBER traded down $4.03 during trading hours on Wednesday, reaching $66.40. The stock had a trading volume of 83,858,520 shares, compared to its average volume of 20,549,502. Uber Technologies, Inc. has a 52-week low of $37.07 and a 52-week high of $82.14. 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 $138.20 billion, a P/E ratio of 77.21, a price-to-earnings-growth ratio of 1.09 and a beta of 1.39. The stock has a fifty day moving average of $74.80 and a 200 day moving average of $65.83.

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

Insiders Place Their Bets

In other news, insider Jill Hazelbaker sold 20,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the insider now owns 107,290 shares of the company’s stock, valued at approximately $8,350,380.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider Jill Hazelbaker sold 20,000 shares of Uber Technologies stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $77.83, for a total transaction 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 approximately $8,350,380.70. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Tony West sold 18,750 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $70.08, for a total transaction of $1,314,000.00. Following the sale, the insider now directly owns 185,566 shares in the company, valued at $13,004,465.28. The disclosure for this sale can be found here. 3.80% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have commented on UBER. Mizuho upped their target price on shares of Uber Technologies from $77.00 to $83.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. The Goldman Sachs Group upped their target price on shares of Uber Technologies from $59.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, January 11th. Roth Mkm upped their price target on shares of Uber Technologies from $72.00 to $79.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. UBS Group upped their price target on shares of Uber Technologies from $94.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, February 15th. Finally, JPMorgan Chase & Co. upped their price target on shares of Uber Technologies from $84.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, February 15th. Two analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $82.55.

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.