Uber Investor Trims Stake as Ride-Hailing Firm Faces Headwinds

Stratos Wealth Advisors sells nearly 60,000 Uber shares amid broader market uncertainty

Apr. 6, 2026 at 9:33am by Ben Kaplan

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Stratos Wealth Advisors LLC, an institutional investor, has decreased its stake in Uber Technologies, Inc. by 78.6% during the fourth quarter, according to a recent SEC filing. The firm now owns 16,334 shares of the ride-sharing company's stock, down from 76,210 shares previously.

Why it matters

Uber has faced a number of challenges in recent years, including regulatory hurdles, increased competition, and the impact of the COVID-19 pandemic on its ride-hailing business. The reduction in Stratos Wealth Advisors' Uber holdings suggests broader investor uncertainty around the company's long-term prospects.

The details

According to the SEC filing, Stratos Wealth Advisors sold 59,876 shares of Uber, leaving the firm with a remaining stake valued at $1.335 million as of the end of the fourth quarter. The move comes as Uber has struggled to achieve profitability and faces an uncertain regulatory environment, particularly around the classification of its drivers as independent contractors versus employees.

  • Stratos Wealth Advisors decreased its Uber stake during the fourth quarter of 2025.

The players

Stratos Wealth Advisors LLC

An institutional investment firm that has reduced its stake in Uber Technologies.

Uber Technologies, Inc.

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

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

Stratos Wealth Advisors' reduction in its Uber stake highlights the ongoing challenges facing the ride-hailing company as it navigates a complex regulatory environment and works to achieve profitability. The move suggests broader investor uncertainty around Uber's long-term prospects.