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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Uber Technologies, Inc. (NYSE:UBER). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Uber Technologies stock on May 15th. 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 SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Uber Technologies Stock Performance

Shares of NYSE UBER opened at $68.75 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $139.94 billion, a P/E ratio of 17.14, a P/E/G ratio of 5.98 and a beta of 1.12. The firm’s fifty day moving average is $73.52 and its two-hundred day moving average is $77.32. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for 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%. Uber Technologies’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. As a group, analysts anticipate that Uber Technologies, Inc. will post 2.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a report on Tuesday. DA Davidson restated a “buy” rating and issued a $107.00 target price on shares of Uber Technologies in a report on Tuesday, May 26th. BTIG Research restated a “buy” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, May 26th. Citizens Jmp restated a “market outperform” rating and issued a $100.00 target price on shares of Uber Technologies in a report on Tuesday, April 28th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Uber Technologies in a report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $104.68.

Institutional Trading of Uber Technologies

Large investors have recently made changes to their positions in the business. Advisors Capital Management LLC grew its holdings in Uber Technologies by 1.8% during the 3rd quarter. Advisors Capital Management LLC now owns 6,398 shares of the ride-sharing company’s stock valued at $627,000 after purchasing an additional 111 shares during the last quarter. Stelac Advisory Services LLC grew its holdings in Uber Technologies by 10.4% during the 3rd quarter. Stelac Advisory Services LLC now owns 1,238 shares of the ride-sharing company’s stock valued at $121,000 after purchasing an additional 117 shares during the last quarter. Smithfield Trust Co grew its holdings in Uber Technologies by 8.3% during the 3rd quarter. Smithfield Trust Co now owns 1,532 shares of the ride-sharing company’s stock valued at $151,000 after purchasing an additional 118 shares during the last quarter. Oxinas Partners Wealth Management LLC grew its holdings in Uber Technologies by 1.3% during the 3rd quarter. Oxinas Partners Wealth Management LLC now owns 9,423 shares of the ride-sharing company’s stock valued at $923,000 after purchasing an additional 122 shares during the last quarter. Finally, Cadence Bank grew its holdings in Uber Technologies by 1.7% during the 3rd quarter. Cadence Bank now owns 7,366 shares of the ride-sharing company’s stock valued at $722,000 after purchasing an additional 122 shares during the last quarter. 80.24% of the stock is currently owned by institutional investors.

Key Uber Technologies News

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

• Positive Sentiment: Uber is continuing to expand its autonomous-ride strategy in Europe, with reported robotaxi pilots in Madrid and Munich that could support long-term growth and margin improvement if the technology scales. Article Title
• Positive Sentiment: Brokerage coverage remains constructive, with Uber receiving an average “Moderate Buy” recommendation, reinforcing confidence in its longer-term earnings outlook. Article Title
• Positive Sentiment: Analysts and commentators continue to highlight Uber as a long-term growth candidate, pointing to upside tied to its scale, platform strength, and autonomy efforts. Article Title
• Neutral Sentiment: Uber Canada helped relaunch an Indigenous Procurement Marketplace, a corporate-social-responsibility initiative that is unlikely to move the stock materially on its own. Article Title
• Negative Sentiment: A new driver study suggests Uber now keeps the majority of ride fares in some cities, which could renew criticism that the company is taking a larger share of driver earnings and potentially invite reputational or regulatory pushback. Article Title
• Negative Sentiment: Competitor Bolt’s expansion into Italy underscores that Uber still faces competitive pressure in European markets, especially in cities with room for disruption. Article Title

Insider Buying and Selling

In related news, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares in the company, valued at approximately $34,303,284.20. This represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 3.81% of the company’s stock.

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.