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 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 Down 2.2%

Uber Technologies stock traded down $1.53 during trading on Thursday, reaching $69.15. The company had a trading volume of 13,841,523 shares, compared to its average volume of 18,980,217. Uber Technologies, Inc. has a 12-month low of $64.04 and a 12-month high of $94.06. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.23 and a current ratio of 1.23. The stock’s 50 day moving average price is $69.64 and its two-hundred day moving average price is $72.78. The firm has a market capitalization of $141.19 billion, a price-to-earnings ratio of 40.92, a PEG ratio of 2.60 and a beta of 1.33.

Uber Technologies (NYSE:UBER) last released its quarterly earnings data on Wednesday, November 4th. The ride-sharing company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.02. Uber Technologies had a return on equity of 21.37% and a net margin of 6.13%. The business had revenue of $14.77 billion during the quarter, compared to the consensus estimate of $14.66 billion. During the same period in the prior year, the firm posted $3.11 EPS. The business’s revenue for the quarter was up 9.6% on a year-over-year basis. As a group, equities analysts expect that Uber Technologies, Inc. will post 3.27 earnings per share for the current fiscal year.

Key Headlines Impacting Uber Technologies

Here are a few of the latest headlines about UBER:

• Positive Sentiment: An expanded McDonald’s partnership across 14 markets makes Uber a preferred delivery provider in the chain’s app and links loyalty programs. The arrangement could increase delivery volume and adoption of Uber Direct. Article: Is Uber’s Expansion of Delivery Tie-Up With MCD a Growth Catalyst?
• Positive Sentiment: Uber’s food-delivery partnership with Amazon and its robotaxi work with Rivian point to additional growth opportunities, though the articles provide limited details on their financial impact. Article: The Uber Stock Correction Provides a Good Entry Opportunity With Ample Revenue Growth Drivers Article: Rivian CEO talks robotaxis
• Negative Sentiment: Uber told South Carolina that a data breach affected 3,430 residents. The incident could bring reputational damage and possible regulatory or remediation costs; the report does not specify the broader scope. Article: Uber data breach affected 3,430 South Carolina residents

Institutional Trading of Uber Technologies

Hedge funds have recently bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Uber Technologies by 2.7% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 6,073,845 shares of the ride-sharing company’s stock valued at $416,119,000 after purchasing an additional 160,217 shares during the period. Coastwise Capital Group LLC increased its stake in shares of Uber Technologies by 13.6% in the 3rd quarter. Coastwise Capital Group LLC now owns 9,160 shares of the ride-sharing company’s stock valued at $628,000 after buying an additional 1,100 shares during the period. Intesa Sanpaolo Wealth Management lifted its holdings in Uber Technologies by 242.9% in the third quarter. Intesa Sanpaolo Wealth Management now owns 18,553 shares of the ride-sharing company’s stock valued at $1,271,000 after buying an additional 13,143 shares during the period. E Fund Management Hong Kong Co. Ltd. increased its holdings in Uber Technologies by 338.4% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 1,188 shares of the ride-sharing company’s stock valued at $81,000 after purchasing an additional 917 shares during the last quarter. Finally, TIAA CREF Individual & Institutional Services LLC lifted its stake in Uber Technologies by 15.8% in the third quarter. TIAA CREF Individual & Institutional Services LLC now owns 9,314 shares of the ride-sharing company’s stock valued at $638,000 after buying an additional 1,273 shares during the period. 80.24% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

Analysts Set New Price Targets

UBER has been the subject of a number of analyst reports. Wells Fargo & Company reduced their price target on Uber Technologies from $92.00 to $87.00 and set an “overweight” rating for the company in a report on Thursday, November 5th. DA Davidson cut their target price on Uber Technologies from $107.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Needham & Company LLC reduced their target price on Uber Technologies from $109.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, November 5th. BTIG Research decreased their price target on shares of Uber Technologies from $100.00 to $90.00 and set a “buy” rating for the company in a research report on Wednesday, November 4th. Finally, Piper Sandler reiterated an “overweight” rating and set a $100.00 price objective (down from $110.00) on shares of Uber Technologies in a research note on Thursday, August 13th. One research 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.

Uber Technologies Company Profile

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.