Former Uber CEO Kalanick sells another $164 million of stock - Business Insider

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Uber's former CEO Travis Kalanick sold another $164 million worth of stock, further cashing out of the company he created

on November 7. The deal values CloudKitchens at roughly $5 billion.

Kalanick's trades arrived after Uber's lockup period ended November 6. The 180-day period kept early investors from selling their shares, and the period's expiration promptedUber has 26 "buy" ratings, 11 "hold" ratings, and one "sell" rating from analysts, with a consensus price target of $45.21 per share, according to Bloomberg data.

 

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