Hated Moats Investor
Contrarian Quality-Stock Research, 25 Years in Markets, GOOGL Since 2011
Uber is drawing insider and high-profile buying at prices above today's. Per @insiderwave, CEO Dara Khosrowshahi disclosed buying 141,000 shares worth about $10 million at an average $70.96, the second executive to buy this week, after the COO. Nancy Pelosi invested at a higher price, and Bill Ackman, who has talked up the stock a lot, bought near $90. The bet is on the stock rising fast, ideally before March 2027. x.com x.comÂ
Uber CEO Dara Khosrowshahi just bought about $10 million of stock, 141,000 shares, a strong insider signal that now is a good time to accumulate. The stock rose 2.08% in a sea of red. x.comÂ
Uber has big long-term secular problems, enough to make even CEO Dara Khosrowshahi's $10M token insider buy a moment to consider shorting, though actually shorting is not recommended. Beyond the Waymo and robotaxi threat, an AI agent that constantly checks every app for the best price would hurt Uber, consistently the highest-priced ride service. Uber would need to lower prices, and it lacks the tech stack. x.com x.comÂ
Uber's CEO buying $10M of stock, days after its president bought over $5M, is a meaningful vote of confidence: wealthy people do not set $15M on fire for fun, and insiders buy for one reason. That matters amid the debate over Uber's position as autonomous vehicles arrive. Buying works as long as there is no autonomous-vehicle duopoly, which looks very unlikely. x.com x.comÂ
Uber's large, successful network and marketplace give it a moat. The stock is in stage 4, but its fundamentals still appeal. x.comÂ
Uber's valuation is out of balance with its fundamental trajectory over the medium term, and the long-term thesis is less convincing than it once was. It became a cash-flow machine sooner than expected, but the past couple of years have been a grind. It is a hold now and a sell if it reaches the top of its technical channel around $100. x.com x.comÂ
Uber looks cheap, and insiders who know the company best are buying, a point @SteurJonas69716 raises. The stock is a solid buy as long as robotaxis do not kill the business, which is doubtful. x.com x.comÂ
The market is sleeping on Uber, and the CEO's purchase of $10M of stock with his own money backs that view. The buy comes as shares retest their breakout from a massive descending wedge after weeks of bullish RSI divergence. If bulls defend this area into the weekend, the target is $167. x.comÂ
Uber looks rather negative because driver reclassification, consumer cutbacks and easy switching threaten its business. Making drivers employees could raise costs and push ride prices up around 40%. Food delivery and comfort rides are cut when budgets tighten; riders switch to Lyft or Bolt for a few euros. Tesla or Waymo could bypass Uber with their own apps, and Google can scale quickly. Despite being a great company, Uber has too many unknowns; it is preferable to stay on the sidelines. x.comÂ
Uber's CEO buying $10M of shares is a massive insider vote of confidence in the stock. x.comÂ