Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Uber Technologies, Inc. (NYSE:UBER)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Uber Technologies, Inc. (NYSE:UBER). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Uber Technologies stock on April 14th. 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):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Uber Technologies Trading Up 0.4%

Shares of UBER stock traded up $0.28 during trading hours on Tuesday, hitting $76.43. 17,218,939 shares of the company’s stock traded hands, compared to its average volume of 19,016,842. The stock’s 50 day simple moving average is $74.28 and its 200 day simple moving average is $80.45. The stock has a market cap of $155.57 billion, a PE ratio of 19.06, a price-to-earnings-growth ratio of 5.77 and a beta of 1.16. Uber Technologies, Inc. has a 12 month low of $68.46 and a 12 month high of $101.99. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, sell-side analysts anticipate that Uber Technologies, Inc. will post 3.28 EPS for the current year.

Wall Street Analyst Weigh In

UBER has been the subject of several analyst reports. Wedbush lowered their price target on shares of Uber Technologies from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Guggenheim reiterated a “buy” rating and set a $125.00 price objective on shares of Uber Technologies in a research report on Monday, April 27th. HSBC downgraded shares of Uber Technologies to a “reduce” rating in a research note on Monday. JPMorgan Chase & Co. upped their price target on shares of Uber Technologies from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, BNP Paribas Exane downgraded Uber Technologies to an “underweight” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $105.11.

Insider Activity

In other news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was purchased at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. This represents a 357.02% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.45, for a total value of $2,233,500.00. Following the completion of the transaction, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.81% of the stock is currently owned by company insiders.

Trending Headlines about Uber Technologies

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Uber reported strong first-quarter momentum, with trips, revenue, and gross bookings all rising, reinforcing the view that its core ride-hailing and delivery businesses are still growing briskly. Article Title
• Positive Sentiment: Management appears to have boosted investor confidence by guiding above expectations and showing that bookings accelerated again, which supports the stock’s bull case after earnings. Article Title
• Positive Sentiment: Uber is deepening its push into autonomous mobility by exploring a driver-sensor network that could become a new data and monetization opportunity, potentially improving its long-term valuation. Article Title
• Positive Sentiment: The company continues to broaden its platform with partnerships in retail and travel, including Ulta Beauty and Expedia, which could support more cross-selling and revenue diversification. Article Title
• Neutral Sentiment: Uber also announced that its CFO will speak at Bernstein’s conference later this month, a routine investor-relations event that may keep the stock in focus but is unlikely to move shares by itself. Article Title
• Neutral Sentiment: Several articles highlight that Uber is attracting heavy investor attention and that analysts remain engaged, which underscores interest in the name but does not add new fundamental information. Article Title
• Negative Sentiment: Longer-term concerns remain around autonomous-vehicle competition and the possibility that self-driving technology could reduce the need for human drivers, which is why some coverage frames the robotaxi opportunity as both a growth driver and a threat. Article Title

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Sage Rhino Capital LLC increased its holdings in shares of Uber Technologies by 4.2% during the third quarter. Sage Rhino Capital LLC now owns 2,740 shares of the ride-sharing company’s stock valued at $268,000 after acquiring an additional 110 shares in the last quarter. Quent Capital LLC grew its holdings in shares of Uber Technologies by 3.3% during the third quarter. Quent Capital LLC now owns 3,504 shares of the ride-sharing company’s stock valued at $343,000 after buying an additional 111 shares during the last quarter. Advisors Capital Management LLC increased its position in shares of Uber Technologies by 1.8% during the third quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock worth $627,000 after acquiring an additional 111 shares in the last quarter. Emergent Wealth Advisors LLC lifted its position in Uber Technologies by 0.7% in the 3rd quarter. Emergent Wealth Advisors LLC now owns 17,361 shares of the ride-sharing company’s stock valued at $1,701,000 after acquiring an additional 114 shares in the last quarter. Finally, Realta Investment Advisors lifted its position in Uber Technologies by 2.9% in the 3rd quarter. Realta Investment Advisors now owns 4,018 shares of the ride-sharing company’s stock valued at $394,000 after acquiring an additional 115 shares in the last quarter. 80.24% of the stock is owned by institutional investors.

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.

Uber Technologies Company Profile

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.