Uber COO Bets Big on His Own Stock

UBER President and COO Andrew MacDonald filed two purchases totalling $5.3M in early September, the largest US open-market executive buy in the latest available data. MacDonald paid roughly $75.65 per share across 72,000 shares. Discretionary buys of this scale from a sitting COO carry real weight. Uber's short interest sits at just 2.4% of free float, suggesting bears are not pressing the other side.

Two directors at HELP Helus Pharma also filed purchases worth a combined $2.4M on September 3 to 4. Eric So and Paul Glavine each put in over $1M at nearly identical prices. Clusters of director buying at a small pharma name often signal confidence ahead of a catalyst.

Outside the US, the Turkish industrial name Burçelik Vana saw its board chairman Umit Gumus buy $12.9M of stock on September 7, the same day an asset manager sold $13.6M. The chairman's discretionary purchase directly into institutional selling is a notable contrast.

TSLA reports earnings on October 21. ORTEX Alt Data shows German car registrations running 269% above the same quarter last year, a dataset with a 43-day lead on Tesla revenue, with all three months of the quarter pointing the same direction.