Uber Technologies Inc (UBER US, +1, 8-Sep-26)

Andrew (Mac) Macdonald (President & COO since Jun 2025, first joined 2012) bought $5.3 million of stock on September 4th at $75.83, increasing his stake by 20%. This is his first purchase since he became declarable in 2025 (he was previously SVP, Head of Global Mobility). He already met his ownership requirement (3x base salary). 

This is a notable, large absolute purchase a year post his promotion, and is very encouraging given how well he should know the company. It comes shortly after the company announced plans to reduce its headcount by nearly 10%. He has also recently bought stock in Maple Leaf Foods, where he has been a Director since 2023, but in a much smaller size ($194,000). 

In February, Balaji Krishnamurthy (CFO, joined in 2019) also made an unusually large first purchase, spending $1.6m at $71.

We are ranking the stock +1 (strongly positive).

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