Bensler LLC increased its position in Uber Technologies by 6.2% during the third quarter, acquiring an additional 7,206 shares to bring its total stake to 123,642 shares, valued at $12.11 million as of the reporting period’s end. This holding represents 1.3% of Bensler’s portfolio and is its 29th largest position. Other institutional investors also boosted stakes: Foster Group Inc. added 107 shares, Sage Rhino Capital LLC added 110 shares, Quent Capital LLC added 111 shares, Emergent Wealth Advisors LLC added 114 shares and Dumont & Blake Investment Advisors LLC added 115 shares, reflecting broad-based confidence across funds. Institutional ownership of Uber stands at 80.24% of outstanding shares.

In the quarter ended September 30, Uber reported adjusted earnings per share of $3.11, surpassing consensus estimates by $2.44, on revenue of $13.47 billion, a 20.4% year-over-year increase and above analysts’ $13.25 billion forecast. The company achieved a net margin of 33.5% and return on equity of 68.2%, driven by higher take rates in both its mobility and delivery segments. Growth in Uber Eats outpaced the ride-hailing business, and segment-level contribution margins expanded by 120 basis points sequentially. Management reiterated full-year guidance for adjusted EPS of approximately 2.54, supported by continued market share gains and operating leverage across its platform.

Over the past three months, senior executives have sold a total of 14,875 shares, generating proceeds of approximately $1.32 million. In November, CFO Prashanth Mahendra-Rajah disposed of 5,500 shares, reducing his ownership by 21.3%, and in January, Chief Business Officer Tony West sold 3,125 shares, a 1.7% decrease in his stake. Insiders now collectively own 3.7% of the company. While these sales may reflect routine portfolio rebalancing, they warrant monitoring for potential shifts in insider conviction ahead of the fourth-quarter results.