Uber Technologies’ CEO Dara Khosrowshahi purchased 141,000 shares at an average price of $70.96 each, totaling over $10 million. This acquisition increases his holdings to approximately 1.4 million shares amidst strong company performance.
Uber reported a 24% year-over-year increase in Gross Bookings, reaching $58 billion, and a 12% rise in revenue to $14.2 billion. Adjusted EBITDA rose 33% to $2.8 billion, and for the first time ever, free cash flow exceeded $10 billion over twelve months.
Other recent insider purchases in the market include GameStop CEO Ryan Cohen, who bought 1 million shares for nearly $20.4 million, and Celsius Holdings’ CEO John Fieldly, who acquired 18,000 shares for just under $500,000.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
