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%
NYSE:UBER traded up $0.28 during midday trading on Tuesday, hitting $76.43. 17,218,939 shares of the company traded hands, compared to its average volume of 17,093,580. The firm’s fifty day moving average is $74.28 and its 200-day moving average is $80.45. Uber Technologies, Inc. has a 12-month low of $68.46 and a 12-month high of $101.99. The firm has a market capitalization of $155.57 billion, a P/E ratio of 19.06, a P/E/G ratio of 5.87 and a beta of 1.16. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41.
Insiders Place Their Bets
In related news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average cost of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at $2,047,867.50. This trade represents a 357.02% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction 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 sale, the senior vice president owned 460,756 shares of the company’s stock, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 3.81% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have commented on UBER. US Capital Advisors set a $95.00 price objective on Uber Technologies in a research report on Monday. Cantor Fitzgerald cut their price objective on Uber Technologies from $99.00 to $92.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Benchmark reaffirmed a “hold” rating on shares of Uber Technologies in a research report on Thursday, February 5th. Raymond James Financial raised Uber Technologies from an “outperform” rating to a “strong-buy” rating in a research report on Monday. Finally, Guggenheim reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Uber Technologies in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $105.11.
Check Out Our Latest Research Report on UBER
Hedge Funds Weigh In On Uber Technologies
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after buying an additional 1,670,761 shares in the last quarter. Capital Research Global Investors lifted its stake in shares of Uber Technologies by 2.6% during the 4th quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after purchasing an additional 2,903,021 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Uber Technologies by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after purchasing an additional 1,602,596 shares during the last quarter. Norges Bank purchased a new stake in shares of Uber Technologies during the 4th quarter worth $2,515,094,000. Finally, Northern Trust Corp lifted its stake in shares of Uber Technologies by 1.5% during the 3rd quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock worth $1,911,301,000 after purchasing an additional 297,132 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.
Key Uber Technologies News
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
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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