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 April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Uber Technologies stock on March 13th. 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 MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
• Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

Uber Technologies Stock Performance

NYSE UBER traded down $2.20 during midday trading on Thursday, hitting $70.18. The company had a trading volume of 3,726,946 shares, compared to its average volume of 19,613,514. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.38. The stock has a market cap of $143.37 billion, a price-to-earnings ratio of 14.91, a P/E/G ratio of 6.57 and a beta of 1.21. The firm has a fifty day simple moving average of $73.74 and a two-hundred day simple moving average of $83.78. Uber Technologies, Inc. has a fifty-two week low of $68.34 and a fifty-two week high of $101.99.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings results on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.08). The company had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. Uber Technologies had a return on equity of 43.63% and a net margin of 19.33%.The business’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.21 earnings per share. Uber Technologies has set its Q1 2026 guidance at 0.650-0.720 EPS. Equities analysts forecast that Uber Technologies, Inc. will post 2.54 earnings per share for the current fiscal year.

Institutional Trading of Uber Technologies

Several institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new position in Uber Technologies in the fourth quarter valued at about $2,515,094,000. Marshall Wace LLP boosted its position in Uber Technologies by 1,462.2% in the fourth quarter. Marshall Wace LLP now owns 6,693,412 shares of the ride-sharing company’s stock valued at $546,919,000 after buying an additional 6,264,946 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Uber Technologies by 129.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock valued at $776,883,000 after buying an additional 5,293,822 shares in the last quarter. Pacer Advisors Inc. boosted its position in Uber Technologies by 1,905.3% in the third quarter. Pacer Advisors Inc. now owns 4,350,479 shares of the ride-sharing company’s stock valued at $426,216,000 after buying an additional 4,133,532 shares in the last quarter. Finally, Employees Provident Fund Board acquired a new position in Uber Technologies in the fourth quarter valued at about $265,205,000. 80.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UBER has been the topic of several research analyst reports. Melius Research set a $73.00 price target on shares of Uber Technologies in a research report on Monday, January 5th. DA Davidson decreased their target price on shares of Uber Technologies from $108.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Roth Mkm set a $105.00 target price on shares of Uber Technologies in a research report on Thursday, February 5th. Weiss Ratings lowered shares of Uber Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, March 19th. Finally, Wolfe Research decreased their target price on shares of Uber Technologies from $125.00 to $110.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $105.14.

Insider Buying and Selling at Uber Technologies

In other Uber Technologies news, SVP Nikki Krishnamurthy sold 30,000 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total value of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares in the company, valued at $34,303,284.20. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Balaji (A) Krishnamurthy purchased 22,453 shares of Uber Technologies 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 completion of the transaction, the chief financial officer owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This represents a 357.02% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 3.84% of the company’s stock.

Uber Technologies News Summary

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

• Positive Sentiment: Uber expands use of Amazon’s custom Graviton and Trainium3 chips to speed ride-matching, delivery efficiency and AI training — a potential margin and productivity tailwind. Uber is the latest to be won over by Amazon’s AI chips
• Positive Sentiment: Ace Hardware partnership brings ~3,700 stores onto Uber Eats nationwide, expanding non-restaurant delivery revenue and monetization opportunities for Eats. Ace Hardware Joins Uber Eats to Expand Local, On-Demand Delivery for Customers Nationwide
• Positive Sentiment: Erste Group raised FY2026 and FY2027 EPS forecasts for Uber, signaling improving profitability expectations that support valuations. UBER: Free Report
• Positive Sentiment: Pony.ai, Verne and Uber launched Europe’s first commercial robotaxi service in Zagreb (Uber‑backed Verne), a strategic long‑term play into autonomous mobility and future margin improvement. Pony.ai Advances Global Deployment with Launch of Europe’s First Commercial Robotaxi Service in Zagreb
• Neutral Sentiment: Wells Fargo trimmed its price target modestly (keeps Overweight), reflecting slightly more cautious near‑term expectations despite long‑term conviction. Wells Fargo Cautious on Uber Technologies (UBER)’s Near-Term Outlook
• Neutral Sentiment: Macro/retail pricing debate: Bank of England warns dynamic “surge” pricing could spread to supermarkets as real‑time pricing tech advances — broader retail pricing dynamics could affect delivery margins or consumer behavior over time. Surge pricing could be coming to supermarkets, Bank of England warns
• Negative Sentiment: Operational risk from driver unrest: Uber pledged dialogue after a multi‑day strike in Lagos, highlighting potential service disruptions and reputational/price-pressure risks in key emerging markets. Uber pledges driver dialogue as Lagos ride-hailing strike enters third day

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.