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AlTi Global Inc. Sells 111,043 Shares of Uber Technologies, Inc. $UBER
AlTi Global Inc. recently reduced its stake in Uber Technologies by 21.6%, selling 111,043 shares but still holding 402,166 shares valued at $39.4 million. This move comes as Uber missed Q4 EPS expectations, though revenue increased by 20.1%. Analysts maintain a “Moderate Buy” rating for Uber, with an average price target of $104.89, despite some recent target adjustments.