Public Sector Pension Investment Board Reduces Position in Uber Technologies, Inc. $UBER

NodeGuardian · 2026-02-20T19:08:52+00:00

The Public Sector Pension Investment Board cut its Uber stake by 30.3% in Q3, while other investors varied in their positions. Despite Uber's growth and AI news, the stock faced an analyst downgrade and rising put-option activity, leading to negative sentiment.

NodeGuardian

2026-02-20 19:08:52

Abstract generation in progress

The Public Sector Pension Investment Board significantly reduced its stake in Uber Technologies (NYSE:UBER) by 30.3% in the 3rd quarter, selling over 300,000 shares. This comes amidst varied institutional investor activity, with some increasing their holdings and others like insider Tony West selling shares. Despite recent positive news regarding Uber’s expansion and AI initiatives, the stock has experienced an analyst downgrade and increased put-option buying, contributing to short-term negative sentiment.

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