Mister Car Wash Inc’s recently made public that its Chief Executive Officer Lai John Lo-minn unloaded Company’s shares for reported $0.19 million on Mar 03 ’25. In the deal valued at $8.44 per share,22,039 shares were sold. As a result of this transaction, Lai John Lo-minn now holds 4,479,420 shares worth roughly $35.25 million.
Then, Gold Jedidiah Marc sold 93,121 shares, generating $792,136 in total proceeds. Upon selling the shares at $8.51, the Chief Financial Officer now owns 55,437 shares.
Before that, Gold Jedidiah Marc sold 42,278 shares. Mister Car Wash Inc shares valued at $359,363 were divested by the Chief Financial Officer at a price of $8.50 per share. As a result of the transaction, Gold Jedidiah Marc now holds 44,854 shares, worth roughly $0.35 million.
Stephens initiated its Mister Car Wash Inc [MCW] rating to an Equal-weight in a research note published on January 14, 2025; the price target was $8. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early May from “a Neutral” to “an Overweight”. Mizuho began covering MCW with “Buy” recommendation on March 19, 2024. JP Morgan started covering the stock on February 16, 2024. It rated MCW as “a Neutral”.
Price Performance Review of MCW
On Tuesday, Mister Car Wash Inc [NASDAQ:MCW] saw its stock fall -0.32% to $7.87. Over the last five days, the stock has lost -4.14%. Mister Car Wash Inc shares have risen nearly 7.96% since the year began. Nevertheless, the stocks have risen 1.94% over the past one year. While a 52-week high of $8.56 was reached on 03/03/25, a 52-week low of $5.84 was recorded on 01/10/25. SMA at 50 days reached $7.60, while 200 days put it at $7.16.
Levels Of Support And Resistance For MCW Stock
The 24-hour chart illustrates a support level at 7.75, which if violated will result in even more drops to 7.64. On the upside, there is a resistance level at 7.98. A further resistance level may holdings at 8.09. The Relative Strength Index (RSI) on the 14-day chart is 51.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.74%. Stochastics %K at 52.08% indicates the stock is a holding.
The most recent change occurred on January 10, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $11 price target.
