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 Stock Down 3.1%
Uber Technologies stock traded down $2.33 during trading hours on Tuesday, hitting $73.43. The company had a trading volume of 13,238,934 shares, compared to its average volume of 19,131,613. The firm has a market capitalization of $149.99 billion, a P/E ratio of 16.13, a price-to-earnings-growth ratio of 6.00 and a beta of 1.16. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.84. Uber Technologies, Inc. has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The firm’s fifty day moving average is $74.05 and its 200-day moving average is $73.63.
Uber Technologies News Summary
Here are the key news stories impacting Uber Technologies this week:
- Positive Sentiment: Wedbush reaffirmed its “Outperform” rating and maintained a $91 price target, implying approximately 23.8% upside from recent levels. The recommendation indicates confidence in Uber’s growth, profitability and long-term competitive position. Benzinga analyst rating report
- Positive Sentiment: Director Andrew Macdonald purchased 70,000 Uber shares for approximately $5.3 million, increasing his direct ownership by 19.65%. The sizable open-market purchase may reinforce confidence among investors, although insider buying alone does not change the company’s fundamentals. SEC insider transaction filing
- Positive Sentiment: Uber and Wayve launched supervised autonomous rides in London with Ford. The partnership highlights Uber’s asset-light approach to robotaxis—providing the platform and customer demand while relying on technology and vehicle partners rather than building cars itself. Uber Wayve autonomous vehicle article
- Positive Sentiment: Recent coverage emphasizes that Uber’s profits have doubled and free cash flow exceeded $10 billion. Its latest reported quarter also showed 12.2% year-over-year revenue growth and earnings slightly above expectations, supporting the long-term bullish case. Uber fundamentals article
Institutional Investors Weigh In On Uber Technologies
Large investors have recently modified their holdings of the stock. Measured Wealth Private Client Group LLC bought a new position in Uber Technologies in the 3rd quarter worth about $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Uber Technologies in the 4th quarter worth about $25,000. Osbon Capital Management LLC bought a new position in shares of Uber Technologies during the fourth quarter valued at $25,000. Imprint Wealth LLC bought a new stake in shares of Uber Technologies in the third quarter worth approximately $32,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in Uber Technologies during the fourth quarter valued at $27,000. Hedge funds and other institutional investors own 80.24% of the company’s stock.
Insider Buying and Selling
In other Uber Technologies news, insider Andrew Macdonald purchased 70,000 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were acquired at an average cost of $75.83 per share, with a total value of $5,308,100.00. Following the completion of the acquisition, the insider directly owned 426,320 shares in the company, valued at $32,327,845.60. The trade was a 19.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 3.81% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on UBER. Guggenheim reissued a “buy” rating on shares of Uber Technologies in a report on Thursday, September 3rd. Roth Capital lowered their target price on Uber Technologies from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. BTIG Research restated a “buy” rating and issued a $100.00 price target on shares of Uber Technologies in a research note on Thursday, September 3rd. Piper Sandler reaffirmed an “overweight” rating on shares of Uber Technologies in a report on Thursday, August 13th. Finally, Rosenblatt Securities started coverage on Uber Technologies in a report on Tuesday, September 1st. They set a “buy” rating and a $100.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $104.49.
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.
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