Managed Asset Portfolios Acquires Uber Stake

Investment firm buys 8,344 shares of ride-sharing company in Q3

Published on Mar. 4, 2026

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Managed Asset Portfolios LLC, an investment management firm, acquired a new position in Uber Technologies, Inc. (NYSE:UBER) during the third quarter of 2026. The firm purchased 8,344 shares of the ride-sharing company's stock, valued at approximately $817,000.

Why it matters

Uber's stock has seen significant volatility since its 2019 IPO, with the company working to expand beyond its core ride-hailing business into delivery and logistics services. This investment by Managed Asset Portfolios suggests the firm sees long-term potential in Uber's diversification efforts.

The details

Several other institutional investors and hedge funds have also bought and sold Uber shares in recent quarters. The firm's purchase represents a new position, as Managed Asset Portfolios did not previously hold any Uber stock. The investment was made as Uber's stock price traded between a 52-week low of $60.63 and a high of $101.99.

  • Managed Asset Portfolios acquired the Uber shares in the third quarter of 2026.
  • Uber's stock price ranged from a low of $60.63 to a high of $101.99 over the past 52 weeks.

The players

Managed Asset Portfolios LLC

An investment management firm that acquired a new position in Uber Technologies, Inc. in the third quarter of 2026.

Uber Technologies, Inc.

A technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers.

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The takeaway

Uber's diversification efforts into delivery and logistics services appear to be drawing interest from institutional investors like Managed Asset Portfolios, despite the stock's volatility since its 2019 IPO. This investment suggests the firm sees long-term potential in Uber's evolving business model.