Blueprint Investment Partners LLC Invests $200,000 in Uber Technologies, Inc. (NYSE:UBER)

Blueprint Investment Partners LLC acquired a new position in shares of Uber Technologies, Inc. (NYSE:UBER) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 3,316 shares of the ride-sharing company’s stock, valued at approximately $200,000.

Other large investors also recently added to or reduced their stakes in the company. Avion Wealth increased its holdings in shares of Uber Technologies by 96.0% during the 4th quarter. Avion Wealth now owns 445 shares of the ride-sharing company’s stock worth $26,000 after buying an additional 218 shares during the last quarter. Runnymede Capital Advisors Inc. purchased a new position in Uber Technologies in the fourth quarter worth approximately $28,000. GHP Investment Advisors Inc. increased its stake in Uber Technologies by 85.1% during the fourth quarter. GHP Investment Advisors Inc. now owns 485 shares of the ride-sharing company’s stock worth $29,000 after acquiring an additional 223 shares during the last quarter. Kieckhefer Group LLC purchased a new stake in Uber Technologies in the fourth quarter valued at $33,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of Uber Technologies in the 4th quarter valued at $35,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Uber Technologies news, insider Tony West sold 23,404 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the sale, the insider now owns 114,241 shares in the company, valued at approximately $8,027,715.07. This represents a 17.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jill Hazelbaker sold 31,000 shares of Uber Technologies stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $81.02, for a total transaction of $2,511,620.00. Following the sale, the insider now owns 86,973 shares of the company’s stock, valued at approximately $7,046,552.46. This trade represents a 26.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 74,404 shares of company stock worth $5,587,619. Company insiders own 3.84% of the company’s stock.

Uber Technologies Stock Performance

Shares of Uber Technologies stock opened at $75.94 on Monday. The firm’s 50 day moving average is $72.64 and its two-hundred day moving average is $71.59. Uber Technologies, Inc. has a 52 week low of $54.84 and a 52 week high of $87.00. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $158.65 billion, a P/E ratio of 16.65, a P/E/G 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 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. Research analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UBER has been the topic of several research analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Uber Technologies from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Thursday, February 6th. Royal Bank of Canada reissued an “outperform” rating and issued a $82.00 price target on shares of Uber Technologies in a research note on Thursday, February 6th. Wells Fargo & Company lowered their price objective on shares of Uber Technologies from $90.00 to $87.00 and set an “overweight” rating for the company in a research report on Thursday, February 6th. Benchmark reissued a “hold” rating on shares of Uber Technologies in a research report on Friday, January 31st. Finally, Citizens Jmp lowered Uber Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 2nd. Ten investment analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Uber Technologies has an average rating of “Moderate Buy” and a consensus price target of $90.31.

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.