Uber Technologies (NYSE:UBER) Stock Sold Off by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Uber Technologies, Inc. (NYSE:UBER). In a filing disclosed on November 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Uber Technologies stock on October 20th. 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 BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
• Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.

Uber Technologies Trading Up 1.0%

Shares of NYSE:UBER opened at $70.78 on Thursday. The company has a market capitalization of $144.52 billion, a P/E ratio of 41.88, a P/E/G ratio of 2.60 and a beta of 1.33. Uber Technologies, Inc. has a 1 year low of $64.04 and a 1 year high of $95.18. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.23 and a quick ratio of 1.23. The business’s 50 day simple moving average is $69.78 and its 200 day simple moving average is $72.84.

Uber Technologies (NYSE:UBER) last announced its quarterly earnings data on Wednesday, November 4th. The ride-sharing company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.02. The firm had revenue of $14.77 billion during the quarter, compared to analysts’ expectations of $14.66 billion. Uber Technologies had a return on equity of 21.37% and a net margin of 6.13%. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.11 EPS. On average, research analysts anticipate that Uber Technologies, Inc. will post 3.27 EPS for the current fiscal year.

Insider Activity

In related news, insider Jill Hazelbaker sold 28,170 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $71.31, for a total value of $2,008,802.70. Following the completion of the transaction, the insider owned 149,525 shares in the company, valued at $10,662,627.75. This trade represents a 15.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Dara Khosrowshahi acquired 141,000 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average price of $70.96 per share, with a total value of $10,005,360.00. Following the acquisition, the chief executive officer owned 1,367,100 shares in the company, valued at $97,009,416. The trade was a 11.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.81% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Uber Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Avion Wealth increased its holdings in Uber Technologies by 17.3% in the 1st quarter. Avion Wealth now owns 984 shares of the ride-sharing company’s stock worth $70,000 after purchasing an additional 145 shares in the last quarter. Frazier Financial Advisors LLC boosted its stake in shares of Uber Technologies by 8.5% during the first quarter. Frazier Financial Advisors LLC now owns 1,942 shares of the ride-sharing company’s stock valued at $140,000 after purchasing an additional 152 shares in the last quarter. Cornerstone Planning Group LLC boosted its stake in shares of Uber Technologies by 10.6% during the second quarter. Cornerstone Planning Group LLC now owns 1,624 shares of the ride-sharing company’s stock valued at $114,000 after purchasing an additional 155 shares in the last quarter. Canopy Partners LLC grew its holdings in shares of Uber Technologies by 1.8% during the third quarter. Canopy Partners LLC now owns 8,605 shares of the ride-sharing company’s stock worth $590,000 after purchasing an additional 156 shares during the last quarter. Finally, Heartland Bank & Trust Co grew its holdings in shares of Uber Technologies by 3.0% during the first quarter. Heartland Bank & Trust Co now owns 5,991 shares of the ride-sharing company’s stock worth $431,000 after purchasing an additional 177 shares during the last quarter. Institutional investors own 80.24% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on UBER. UBS Group reduced their price objective on shares of Uber Technologies from $110.00 to $106.00 and set a “buy” rating on the stock in a research note on Monday, November 2nd. Needham & Company LLC dropped their target price on shares of Uber Technologies from $109.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, November 5th. Weiss Ratings cut shares of Uber Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, October 28th. Piper Sandler reaffirmed an “overweight” rating and set a $100.00 price target (down from $110.00) on shares of Uber Technologies in a report on Thursday, August 13th. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $100.00 price target on shares of Uber Technologies in a research report on Wednesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, forty-four have given a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $102.08.

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. operates a technology platform that connects people seeking transportation and delivery services with drivers, couriers, merchants and other providers. Its offerings include rides through the Uber app and food and grocery delivery through Uber Eats. The company also provides logistics services through Uber Freight, which connects shippers with carriers and offers tools for managing freight transportation. Uber’s platform serves users and businesses across markets in North America, Latin America, Europe, the Middle East, Africa and Asia-Pacific.