Rep. Nancy Pelosi (D-CA) Purchases Uber Technologies Shares

Nancy Pelosi, a Democratic member of the U.S. House of Representatives, has made a significant investment in Uber Technologies, Inc. (NYSE:UBER). According to a disclosure filed on June 24, 2026, Pelosi purchased shares valued between $500,001 and $1,000,000 on May 29, 2026.

Other Institutional Activity in Uber Technologies

Several other institutional investors have recently adjusted their stakes in Uber. BlackRock, Inc. reduced its holdings by 3,783,309 shares, bringing its total to 150,987,293 shares valued at approximately $10.86 billion, a 2.4% decrease. Vanguard Capital Management LLC opened a new position with 133,712,560 shares worth about $9.62 billion. Capital Research Global Investors increased its stake by 2,883,263 shares, now holding 116,339,639 shares valued at $8.37 billion, a 2.5% increase. Meanwhile, Morgan Stanley cut its position by 3,127,423 shares to hold 77,069,501 shares, valued at $5.54 billion, marking a 3.9% decrease.

Uber Technologies, Inc. Stock Down 8.4%

Shares of Uber Technologies traded near $69.68 on Wednesday. The company boasts a market capitalization of $145.4 billion and a P/E ratio of 17.72. Uber, which operates in the technology sector, has a 52-week low of $67.19 and a high of $101.99. Its 50-day moving average is $73.51, while the 200-day moving average stands at $82.07. The company's current ratio is 1.069, with a quick ratio of 0.833 and a debt-to-equity ratio of 48.113.

Recent Earnings

Uber Technologies reported revenue of $53.69 billion, with a revenue growth rate of 14.5%. The company's earnings per share (EPS) is $4.03, with a net margin of 15.9% and a return on equity (ROE) of 35.31%. The next earnings report is scheduled for August 5, 2026.

Insider Buying and Selling at Uber Technologies, Inc.

On June 16, 2026, several Uber insiders were active in the market. Chief Legal Officer Tony West sold 3,570 shares at an average price of $73.25. However, he also bought 7,197 shares. Additionally, Chief Financial Officer Balaji Krishnamurthy sold 4,392 shares, and Chief Accounting Officer Glen Ceremony sold 3,611 shares. Conversely, Ceremony acquired 3,611 shares, and President Andrew Macdonald purchased 10,168 shares.

Analysts Set New Price Targets

Analysts have maintained their positive outlook on Uber Technologies. On June 12, 2026, Tigress Financial maintained its buy rating with a price target of $115. Other firms like JP Morgan and TD Cowen also maintained buy ratings, setting price targets at $110 and $118, respectively, earlier in May. The consensus among analysts is a strong buy, with a mean price target of $104.48 based on 51 opinions.

About Uber Technologies

Uber Technologies, Inc. is a technology company headquartered in San Francisco, California. It develops and operates proprietary technology applications, primarily in the Mobility, Delivery, and Freight segments. The company connects consumers with transportation and delivery services, offering ridesharing, food delivery, and logistics solutions across various regions, including the United States, Europe, and Asia Pacific. Uber was founded in 2009 and is led by CEO Dara Khosrowshahi.

Bottom Line

Nancy Pelosi's recent purchase of Uber shares highlights continued interest in the company from significant investors. While the transaction was disclosed on June 24, it's important to remember that these reports are filed after trades occur. Uber's strong market position and analyst endorsements suggest sustained confidence in its growth potential.