Uber CEO Dara Khosrowshahi bought 141,000 shares for approximately $10 million at a weighted average price of $70.9642, following President and Chief Operating Officer Andrew Macdonald's purchase of 70,000 shares for about $5.3 million. Uber traded at $73.23 in Friday premarket activity, up 0.92%, but remained below its 20-, 50-, 100- and 200-day moving averages after a volatile period. The stock has fallen 23.36% over 12 months, with technical indicators showing weak momentum and a January death cross still affecting the intermediate trend. The purchases followed Uber's workforce-reduction plan and came as investors assessed autonomous-vehicle competition, while analysts maintained a Strong Buy consensus and a $103.83 12-month price target.