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 September 04th, the Representative disclosed that they had sold between $1,001 and $15,000 in Uber Technologies stock on July 17th. 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 $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
• Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
• Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
• Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
• Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

Uber Technologies Price Performance

Shares of NYSE:UBER traded down $2.60 during trading on Tuesday, hitting $73.17. 6,502,990 shares of the company were exchanged, compared to its average volume of 19,081,082. The business’s 50 day moving average is $74.05 and its 200-day moving average is $73.63. The company has a market capitalization of $149.44 billion, a P/E ratio of 16.08, a price-to-earnings-growth ratio of 6.00 and a beta of 1.16. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. Uber Technologies, Inc. has a 1-year low of $65.41 and a 1-year high of $101.99.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.01. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%.The company had revenue of $14.19 billion for the quarter, compared to the consensus estimate of $14.24 billion. During the same quarter last year, the business posted $0.60 EPS. Uber Technologies’s revenue for the quarter was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. Equities analysts forecast that Uber Technologies, Inc. will post 3.45 earnings per share for the current year.

Uber Technologies News Summary

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

• Positive Sentiment: Wedbush reaffirmed its Outperform rating and set a $91 price target, implying substantial upside from recent trading levels. Benzinga report
• Positive Sentiment: Insider Andrew Macdonald purchased 70,000 Uber shares for approximately $5.3 million, increasing his direct ownership by nearly 20%. The sizable purchase may reinforce confidence in Uber’s valuation and long-term prospects. SEC filing
• Positive Sentiment: Uber and Wayve launched supervised autonomous rides in London with Ford, highlighting an asset-light approach in which Uber partners with vehicle and autonomous-driving specialists rather than building cars itself. Strong free cash flow and improving EBITDA margins support the strategy. Wayve partnership article
• Neutral Sentiment: Reports say Uber is moving closer to a Delivery Hero acquisition, which could expand its delivery business and bookings but may increase debt and add integration risk. Zacks report
• Negative Sentiment: Investors remain skeptical that stronger profits and free cash flow will translate into stock appreciation, with concerns that competitors and a delayed robotaxi transition could limit Uber’s future growth. 247WallSt analysis
• Negative Sentiment: Travis Kalanick’s reported return to the robotaxi race through Atoms could create another well-funded competitor and intensify pressure on Uber’s autonomous-vehicle ambitions. PYMNTS report
• Negative Sentiment: Reports that Uber may exit Nigeria and Uganda and reduce its workforce by 10% raise concerns about operational restructuring and weaker international growth, although the moves could reduce costs over time. MSN report

Insider Buying and Selling

In related news, insider Andrew Macdonald bought 70,000 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were bought at an average price of $75.83 per share, for a total transaction of $5,308,100.00. Following the completion of the acquisition, the insider directly owned 426,320 shares of the company’s stock, valued at $32,327,845.60. This trade represents a 19.65% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Fox Advisors raised Uber Technologies from a “hold” rating to an “outperform” rating in a research note on Monday, May 11th. Guggenheim reiterated a “buy” rating on shares of Uber Technologies in a report on Thursday. Rosenblatt Securities initiated coverage on shares of Uber Technologies in a research report on Tuesday, September 1st. They set a “buy” rating and a $100.00 target price on the stock. The Goldman Sachs Group set a $100.00 price target on shares of Uber Technologies in a research report on Monday, June 29th. Finally, Jefferies Financial Group lifted their price target on shares of Uber Technologies from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $104.49.

Hedge Funds Weigh In On Uber Technologies

Several institutional investors have recently made changes to their positions in UBER. Osbon Capital Management LLC bought a new position in Uber Technologies in the fourth quarter worth approximately $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies during the fourth quarter worth $25,000. Portus Wealth Advisors LLC bought a new position in shares of Uber Technologies in the first quarter valued at $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Uber Technologies during the third quarter valued at about $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of Uber Technologies during the fourth quarter worth about $27,000. Institutional investors and hedge funds own 80.24% 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.

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.