Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Uber Technologies' President and COO Andrew Gordon MacDonald filed on 8 September that he bought 70,000 shares of UBER on 4 September, paying roughly $75.65 to $76.44 per share. The two tranches combined were worth approximately $5.3 million. The purchase was discretionary with no 10b5-1 plan attached, making it a stronger signal of personal conviction.
COO-level open-market buying at this scale is uncommon. It comes as Uber trades near multi-month highs, meaning MacDonald was not simply catching a dip.
In Hong Kong, JPMorgan Chase disclosed on 8 September that it trimmed positions across several Chinese technology names. The bank shed roughly $85 million in Kingdee International and $71 million in Sunny Optical on 2 September, while it added $27 million to Huaneng Power.
In Turkey, Bulls Portföy sold $13.6 million worth of shares in Burçelik Vana on 7 September. Yet the company's own chairman, Ümit Gümus, filed a $12.9 million purchase the same day, directly offsetting the institutional exit with personal capital.
Also in Turkey, Tera Portföy exited $20 million of Manas Enerji on 4 September. The energy sector backdrop is worth watching: Japan machine tool orders hit JPY 197,867 million in August 2026, up 65% year-on-year according to ORTEX Alt Data, signalling strong global industrial capital expenditure that could support energy demand.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
