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Leo Wealth Invests $1.57M in Uber
Institutional investor adds to ride-hailing company's stock position
Apr. 6, 2026 at 10:56am by Ben Kaplan
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Leo Wealth LLC, an investment management firm, purchased a new position in shares of Uber Technologies, Inc. (NYSE: UBER) during the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 19,241 shares of the ride-sharing company's stock, valued at approximately $1,572,000.
Why it matters
Uber's stock has been closely watched by investors as the company continues to navigate the evolving rideshare and delivery markets. This investment by Leo Wealth suggests confidence in Uber's long-term growth potential despite recent volatility.
The details
According to the 13F filing, Leo Wealth LLC purchased the 19,241 shares of Uber stock in the fourth quarter. The investment was valued at around $1.57 million based on Uber's share price at the time. Other institutional investors and hedge funds have also been active in trading Uber's stock, with some adding to or reducing their positions in recent quarters.
- The 13F filing detailing Leo Wealth's investment was submitted in the fourth quarter of the year.
The players
Leo Wealth LLC
An investment management firm that purchased a new position in Uber Technologies, Inc.
Uber Technologies, Inc.
A technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers.
The takeaway
This investment by Leo Wealth in Uber's stock suggests that some institutional investors remain bullish on the company's long-term prospects, despite the stock's recent volatility. As Uber continues to navigate the evolving rideshare and delivery markets, closely watching how major investors position themselves will be an important indicator of the company's future performance.
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