United Rentals, Inc.’s filing revealed that its SVP Leopold Anthony S. unloaded Company’s shares for reported $1.41 million on May 15 ’24. In the deal valued at $712.00 per share,1,981 shares were sold. As a result of this transaction, Leopold Anthony S. now holds 3,017 shares worth roughly $2.1 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Durand Michael D sold 559 shares, generating $377,081 in total proceeds. Upon selling the shares at $674.56, the EVP, Chief Operating Officer now owns 8,052 shares.
Before that, Flannery Matthew John sold 8,379 shares. United Rentals, Inc. shares valued at $5,862,200 were divested by the President & CEO at a price of $699.63 per share. As a result of the transaction, Flannery Matthew John now holds 103,400 shares, worth roughly $71.82 million.
Truist initiated its United Rentals, Inc. [URI] rating to a Buy in a research note published on March 14, 2024; the price target was $793. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early January with a ‘”an Equal-weight”‘ rating. Exane BNP Paribas also remained covering URI and has decreased its forecast on January 05, 2024 with a “an Underperform” recommendation from previously “an Outperform” rating. UBS revised its rating on December 05, 2023. It rated URI as “a Neutral” which previously was an “a Buy”.
Price Performance Review of URI
On Tuesday, United Rentals, Inc. [NYSE:URI] saw its stock fall -0.93% to $694.59. Over the last five days, the stock has gained 0.02%. United Rentals, Inc. shares have risen nearly 21.13% since the year began. Nevertheless, the stocks have risen 99.01% over the past one year. While a 52-week high of $732.37 was reached on 03/04/24, a 52-week low of $330.30 was recorded on 01/08/24. SMA at 50 days reached $684.32, while 200 days put it at $559.84. A total of 0.26 million shares were traded, compared to the trading of 0.34 million shares in the previous session.
Levels Of Support And Resistance For URI Stock
The 24-hour chart illustrates a support level at 689.49, which if violated will result in even more drops to 684.39. On the upside, there is a resistance level at 700.29. A further resistance level may holdings at 705.99. The Relative Strength Index (RSI) on the 14-day chart is 53.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 30.18%. Stochastics %K at 68.72% indicates the stock is a holding.
