In a quarterly disclosure filed on July 7, 2026, major investor Robert Olstein's firm, Olstein Capital Management, revealed it had completely sold off its stake in Uber Technologies Inc. The position, which consisted of 53,000 shares valued at approximately $3.81 million, was exited during the second quarter ending June 30, 2026. This disclosure offers a delayed look at portfolio changes and doesn't reflect a single day's trading activity.
The sale coincided with the pending acquisition of Olstein Capital Management's fund business by Easterly Asset Management, a deal for which a shareholder vote was anticipated around June 26, 2026. During the same quarter, Uber reported revenue growth and a significant increase in net income. Olstein's firm had initially established its position in the ride-sharing company in the third quarter of 2025.