Uber’s CMO Jill Hazelbaker sells $3 million in stock

Published 15/05/2025, 01:04
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Jill Hazelbaker, Chief Marketing Officer and Senior Vice President of Public Affairs at Uber Technologies, Inc. (NYSE:UBER), recently sold 34,884 shares of the company’s common stock. The sale comes as Uber’s stock trades near its 52-week high of $92.17, having delivered an impressive 50% return year-to-date. According to InvestingPro analysis, the company maintains a GREAT financial health score. The transaction, which took place on May 12, 2025, was executed at a weighted average price of $86.0341 per share, amounting to a total of approximately $3,001,213. Following this sale, Hazelbaker holds 102,135 shares directly. Additionally, 10,454 shares are held indirectly through the Franks 2021 Irrevocable Trust, benefiting members of her immediate family. With a market capitalization of $189 billion, Uber remains a prominent player in the ground transportation industry. Discover more comprehensive insights about Uber’s valuation and insider trading patterns with InvestingPro’s detailed research reports.

In other recent news, Uber Technologies Inc . reported its first-quarter earnings for 2025, which were described as mixed but solid by DA Davidson analyst Tom White. The earnings before interest, taxes, depreciation, and amortization slightly exceeded expectations, although gross bookings fell short by approximately 0.5%. Uber’s gross bookings growth was reported at 18% year-over-year on a foreign exchange-neutral basis, at the lower end of its guidance. In a strategic move, Uber has partnered with Brazilian food delivery giant iFood to integrate ride-hailing and delivery services within each company’s app, aiming to simplify services for consumers in Brazil. The integration is expected to begin in select Brazilian cities in the second half of 2025. Additionally, Uber announced plans to offer $1 billion in exchangeable senior notes due in 2028, targeting qualified institutional buyers. Evercore ISI maintained its Outperform rating for Uber, highlighting new features like Price Lock and Prepaid Pass as material enhancements to the company’s offerings. These developments reflect Uber’s continuous efforts to expand its services and maintain growth amid economic uncertainties.

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