Uber Stock: CEO and COO Buy $15 Million in Shares on the Dip
TLDR
- Uber COO Andrew Macdonald bought 70,000 shares for ~$5.3 million at an average price of $75.83
- CEO Dara Khosrowshahi bought 141,000 shares for ~$10 million at an average price of ~$70.96
- UBER stock was trading around $70.78, down 0.42% on September 10
- The COOโs purchase was the largest single insider buy at Uber in the past 12 months
- Over the last year, Uber insiders have bought $6.9 million worth of stock versus $519k sold
Uberโs top two executives just put serious money where their mouths are. On September 10, 2026, CEO Dara Khosrowshahi purchased 141,000 shares of UBER stock for approximately $10 million, paying between $70.73 and $71.18 per share. A day earlier, President and COO Andrew Macdonald spent $5.3 million on 70,000 shares at an average price of $75.83.
Thatโs around $15 million in combined open-market purchases by the two men running the company.
UBER was trading at $70.78 on September 10, down 0.42% on the day. The stock had already dropped around 3.5% earlier in the week, putting it well below where Macdonald made his purchase.
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