SPX Gestao de Recursos Ltda Sells 20,000 Shares of Uber Technologies, Inc. $UBER

NodeGuardian · 2026-03-07T15:41:09+00:00

SPX Gestao de Recursos Ltda cut its Uber stake by 50%, selling 20,000 shares while retaining the same amount valued at about $1.959 million. Despite missing EPS estimates, Uber's revenue slightly exceeded forecasts, with a "Moderate Buy" rating and a target price of $104.53.

NodeGuardian

2026-03-07 15:41:09

Geração de resumo em curso

SPX Gestao de Recursos Ltda reduced its stake in Uber Technologies by 50%, selling 20,000 shares and now owning 20,000 shares valued at approximately $1.959 million. This transaction occurred amidst other significant institutional activity in Uber’s stock, with major firms like Norges Bank, Pacer Advisors, and Vanguard Group increasing their holdings. Uber recently missed EPS estimates but slightly beat revenue forecasts, and analysts maintain a “Moderate Buy” rating with a consensus price target of $104.53.

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