Uber Shares Sold by Investment Firm

JT Stratford LLC reduces stake in ride-sharing company by over 80%

Published on Mar. 6, 2026

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JT Stratford LLC, an institutional investor, has significantly reduced its stake in Uber Technologies, Inc. (NYSE:UBER) by selling 33,521 shares in the third quarter. The firm now owns only 7,242 shares of the ride-sharing company's stock, down from a previous holding of 40,763 shares.

Why it matters

This sale by a major institutional investor highlights the ongoing volatility and uncertainty surrounding Uber's stock performance. As the company continues to navigate challenges like litigation, regulatory issues, and a demanding work culture, investors are closely watching Uber's financial results and future outlook.

The details

According to a recent 13F filing with the Securities and Exchange Commission, JT Stratford LLC lowered its stake in Uber by 82.2% during the third quarter. The firm's holdings in Uber are now valued at $709,000, down from $4 million at the end of the prior quarter.

  • JT Stratford LLC sold 33,521 Uber shares in the third quarter of 2026.

The players

JT Stratford LLC

An institutional investor that has significantly reduced its stake in Uber Technologies, Inc.

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 stock performance continues to be closely watched by investors as the company navigates various challenges. The significant reduction in stake by a major institutional investor like JT Stratford LLC suggests ongoing uncertainty about Uber's long-term prospects.