GHP Investment Advisors Inc. Has $26,000 Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

GHP Investment Advisors Inc. grew its position in shares of Uber Technologies, Inc. (NYSE:UBER) by 222.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 355 shares of the ride-sharing company’s stock after acquiring an additional 245 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Uber Technologies were worth $26,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in UBER. Financial Management Professionals Inc. lifted its position in Uber Technologies by 111.6% during the 1st quarter. Financial Management Professionals Inc. now owns 383 shares of the ride-sharing company’s stock worth $29,000 after buying an additional 202 shares in the last quarter. WR Wealth Planners LLC raised its holdings in Uber Technologies by 563.9% during the second quarter. WR Wealth Planners LLC now owns 405 shares of the ride-sharing company’s stock worth $29,000 after acquiring an additional 344 shares in the last quarter. J.Safra Asset Management Corp bought a new position in Uber Technologies in the first quarter valued at approximately $32,000. MCF Advisors LLC increased its position in shares of Uber Technologies by 1,038.5% during the 2nd quarter. MCF Advisors LLC now owns 444 shares of the ride-sharing company’s stock worth $32,000 after purchasing an additional 405 shares during the last quarter. Finally, Founders Capital Management bought a new stake in shares of Uber Technologies during the 2nd quarter worth approximately $33,000. 80.24% of the stock is owned by institutional investors.

Insider Activity at Uber Technologies

In other Uber Technologies news, CEO Dara Khosrowshahi sold 500,000 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $71.91, for a total value of $35,955,000.00. Following the completion of the transaction, the chief executive officer now owns 1,266,114 shares of the company’s stock, valued at approximately $91,046,257.74. The transaction was disclosed in a filing with the SEC, which is available through this link. 3.84% of the stock is currently owned by corporate insiders.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $72.48 on Monday. Uber Technologies, Inc. has a 1-year low of $40.09 and a 1-year high of $82.14. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.72. The stock has a market cap of $151.45 billion, a PE ratio of 116.90, a price-to-earnings-growth ratio of 1.21 and a beta of 1.33. The stock’s fifty day simple moving average is $69.41 and its two-hundred day simple moving average is $70.89.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Tuesday, August 6th. The ride-sharing company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.16. Uber Technologies had a return on equity of 17.06% and a net margin of 5.02%. The company had revenue of $10.70 billion during the quarter, compared to the consensus estimate of $10.57 billion. During the same period last year, the business posted $0.18 earnings per share. Uber Technologies’s revenue was up 15.9% on a year-over-year basis. As a group, analysts forecast that Uber Technologies, Inc. will post 1.06 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

UBER has been the subject of several analyst reports. TD Cowen boosted their target price on shares of Uber Technologies from $88.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, July 23rd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $80.00 target price on shares of Uber Technologies in a report on Wednesday, August 7th. Roth Mkm lifted their price target on Uber Technologies from $89.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. Truist Financial restated a “buy” rating and set a $88.00 price objective on shares of Uber Technologies in a report on Friday, September 6th. Finally, Loop Capital boosted their price target on Uber Technologies from $83.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Four equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $87.60.

Uber Technologies 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.