Rep. Gilbert Ray Cisneros, Jr. Buys Uber Technologies, Inc. (NYSE:UBER) Stock

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 Price Performance

Shares of Uber Technologies stock traded up $0.54 on Friday, hitting $75.23. 16,232,417 shares of the company traded hands, compared to its average volume of 17,063,964. The firm’s 50-day simple moving average is $74.19 and its 200 day simple moving average is $80.14. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a market cap of $153.14 billion, a P/E ratio of 18.76, a P/E/G ratio of 5.74 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.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.83 EPS. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts expect that Uber Technologies, Inc. will post 3.26 earnings per share for the current fiscal year.

Uber Technologies News Roundup

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

• Positive Sentiment: Uber’s Uber One subscription program reached 50 million members, highlighting stronger customer loyalty and a potentially more durable recurring revenue stream. Uber just hit an impressive 50M milestone
• Positive Sentiment: Fox Advisors upgraded Uber to Outperform and set a $95 price target, reflecting confidence in the company’s investment strategy and future earnings power. Uber Technologies (UBER) – Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio
• Positive Sentiment: Uber announced plans to open two campuses in India and expand infrastructure support there, which could strengthen product development and operating efficiency over time. Uber to open 2 campuses in India to support product development, operations
• Neutral Sentiment: Several articles continue to frame Uber as a long-term “super app” or autonomy winner, but these are mostly strategic narratives rather than immediate catalysts. Can Uber Make an “Everything” App?
• Negative Sentiment: SoftBank’s Q1 portfolio update showed a complete exit from Uber, which may weigh on sentiment because it removes a notable institutional backer. SoftBank (SFTBY) Dumps Uber and Lemonade, Slashes T-Mobile Holdings in Q1 Portfolio Overhaul
• Negative Sentiment: Reports about tension in the Uber-Waymo partnership and criticism of autonomous-vehicle rollout could raise concerns about the pace and competitiveness of Uber’s self-driving strategy. Uber-Waymo Partnership On The Rocks? Exec Shares ‘Scary’ SF Robotaxi Moment, Slam AV Rollout

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. DA Davidson lifted their target price on shares of Uber Technologies from $105.00 to $107.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research report on Monday. They issued an “outperform” rating on the stock. Mizuho decreased their target price on shares of Uber Technologies from $130.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Wells Fargo & Company lifted their target price on shares of Uber Technologies from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, BNP Paribas Exane cut shares of Uber Technologies to an “underweight” rating in a research report on Monday. One 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 issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $105.11.

Insider Transactions at Uber Technologies

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies 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 sale, the senior vice president owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. The trade was a 6.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Balaji (A) Krishnamurthy bought 22,453 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were bought 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 in the company, valued at approximately $2,047,867.50. This represents a 357.02% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 3.81% of the company’s stock.

Institutional Investors Weigh In On Uber Technologies

A number of large investors have recently added to or reduced their stakes in the company. KCM Investment Advisors LLC grew its holdings in Uber Technologies by 9.5% in the 1st quarter. KCM Investment Advisors LLC now owns 4,822 shares of the ride-sharing company’s stock worth $347,000 after acquiring an additional 419 shares during the last quarter. Quantinno Capital Management LP boosted its stake in shares of Uber Technologies by 16.2% during the 1st quarter. Quantinno Capital Management LP now owns 1,086,224 shares of the ride-sharing company’s stock valued at $78,132,000 after purchasing an additional 151,288 shares in the last quarter. Southpoint Capital Advisors LP bought a new stake in shares of Uber Technologies during the 1st quarter valued at about $222,983,000. Hound Partners LLC boosted its stake in shares of Uber Technologies by 68.1% during the 1st quarter. Hound Partners LLC now owns 92,698 shares of the ride-sharing company’s stock valued at $6,668,000 after purchasing an additional 37,541 shares in the last quarter. Finally, Family Manage LLC bought a new stake in shares of Uber Technologies during the 1st quarter valued at about $3,409,000. Institutional investors 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.