Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Uber Technologies, Inc. (NYSE:UBER). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Uber Technologies stock on February 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
- Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
- Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
- Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
- Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
- Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
- Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
- Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
- Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.
- Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 2/18/2026.
Uber Technologies Trading Down 1.6%
Shares of NYSE UBER traded down $1.20 during midday trading on Thursday, hitting $73.77. 4,540,846 shares of the company traded hands, compared to its average volume of 21,316,135. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The firm has a market cap of $151.82 billion, a P/E ratio of 15.66, a P/E/G ratio of 6.63 and a beta of 1.22. The stock has a 50-day moving average price of $78.06 and a 200 day moving average price of $86.85. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.14 and a current ratio of 1.14.
Institutional Trading of Uber Technologies
Several institutional investors and hedge funds have recently modified their holdings of UBER. Brant Point Investment Management LLC purchased a new position in Uber Technologies during the second quarter worth about $933,000. Spirepoint Private Client LLC grew its position in Uber Technologies by 21.9% in the 3rd quarter. Spirepoint Private Client LLC now owns 74,828 shares of the ride-sharing company’s stock valued at $7,331,000 after acquiring an additional 13,454 shares in the last quarter. Econ Financial Services Corp purchased a new stake in Uber Technologies during the third quarter worth about $1,538,000. Transcendent Capital Group LLC acquired a new stake in shares of Uber Technologies during the third quarter worth about $1,859,000. Finally, Prudential PLC boosted its stake in shares of Uber Technologies by 15.7% in the second quarter. Prudential PLC now owns 216,855 shares of the ride-sharing company’s stock valued at $20,233,000 after purchasing an additional 29,359 shares during the period. Institutional investors own 80.24% of the company’s stock.
Insider Buying and Selling
In other Uber Technologies news, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was bought at an average price of $71.25 per share, with a total value of $1,599,776.25. Following the transaction, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This represents a 357.02% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Tony West sold 3,125 shares of the company’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the sale, the insider directly owned 176,584 shares in the company, valued at $14,744,764. This represents a 1.74% decrease in their position. The SEC filing for this sale provides additional information. 3.84% of the stock is owned by corporate insiders.
Key Headlines Impacting Uber Technologies
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Uber expanded its robotaxi footprint with a multi‑year deal to offer Amazon‑owned Zoox vehicles on the Uber app (first in Las Vegas, then Los Angeles), a tangible step toward commercial AV rides that drove an earlier rally. Uber Taps Zoox Robotaxis To Test Autonomous Economics In Key Cities
- Positive Sentiment: Uber, Nissan and UK startup Wayve agreed to pilot robotaxis in Tokyo by late 2026, marking Uber’s first AV partnership in Japan and extending its international AV strategy. This broadens potential long‑term addressable market for driverless rides. Nissan, Uber, Wayve announce robotaxi tie‑up
- Positive Sentiment: Serve Robotics began autonomous delivery via Uber Eats (White Castle partnership), signalling Uber’s platform is increasingly a distribution channel for third‑party AV/delivery providers — a potential cost and margin benefit over time. Serve Robotics and White Castle Launch Autonomous Delivery via Uber Eats
- Positive Sentiment: Product expansion — Uber launched a premium “Uber Elite” chauffeur option aimed at corporate/executive travelers, which could lift ARPU and diversify revenue mix if adoption scales. Market Chatter: Uber Launches Chauffeur Ride Option for Corporate, Executive Travelers
- Neutral Sentiment: Longer‑term performance pieces show strong multi‑year gains for Uber but invite reassessment of whether the recent run is already priced in — useful context for investors but not immediate catalysts. Had You Invested $1,000 in Airbnb or Uber 5 Years Ago, Here’s What You’d Have Now
- Neutral Sentiment: Analyst commentary and “time to reassess” valuation stories are circulating after the share run — they frame debate but don’t move fundamentals immediately. Is It Time To Reassess Uber Technologies (UBER) After Its 3 Year Share Price Surge
- Negative Sentiment: Macro/earnings skepticism and short‑term profit‑taking: coverage notes the stock has pulled back in recent months and faces uncertainty around the timing and economics of autonomous deployment — a recurring headwind that can pressure sentiment. Uber Stock Is Down 12 in Just 3 Months. Time to Buy?
- Negative Sentiment: Technical and relative‑performance weakness: recent commentary and flow show UBER underperforming peers and trading below key moving averages, which can amplify selling from technical traders. Uber Technologies Inc. stock underperforms Monday when compared to competitors
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the company. Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a research report on Thursday, December 18th. Mizuho lowered their price objective on Uber Technologies from $130.00 to $110.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Melius Research set a $73.00 target price on shares of Uber Technologies in a report on Monday, January 5th. TD Cowen reissued a “buy” rating on shares of Uber Technologies in a research report on Wednesday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Uber Technologies in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $105.29.
Get Our Latest Analysis on UBER
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Uber Technologies
Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.
Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.
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