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Potential Price Increase for Mister Car Wash Inc (MCW) After Recent Insider Activity

Mister Car Wash Inc’s filing revealed that its Chief Innovation Officer Matheny Joseph Duane unloaded Company’s shares for reported $4782.0 on Mar 13 ’25. In the deal valued at $7.97 per share,600 shares were sold. As a result of this transaction, Matheny Joseph Duane now holds 84,895 shares worth roughly $0.68 million.

Then, Matheny Joseph Duane sold 100 shares, generating $797 in total proceeds. Upon selling the shares at $7.97, the Chief Innovation Officer now owns 84,895 shares.

Before that, Lai John Lo-minn sold 22,039 shares. Mister Car Wash Inc shares valued at $186,009 were divested by the Chief Executive Officer at a price of $8.44 per share. As a result of the transaction, Lai John Lo-minn now holds 4,479,420 shares, worth roughly $36.1 million.

Raymond James initiated its Mister Car Wash Inc [MCW] rating to an Outperform in a research note published on March 13, 2025; the price target was $10. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in mid January with a ‘”an Equal-weight”‘ rating. JP Morgan also remained covering MCW and has increased its forecast on May 03, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Mizuho started covering the stock on March 19, 2024. It rated MCW as “a Buy”.

Price Performance Review of MCW

On Tuesday, Mister Car Wash Inc [NASDAQ:MCW] saw its stock fall -0.74% to $8.06. Over the last five days, the stock has gained 2.41%. Mister Car Wash Inc shares have risen nearly 10.56% since the year began. Nevertheless, the stocks have risen 13.36% 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 $7.67, while 200 days put it at $7.19.

Levels Of Support And Resistance For MCW Stock

The 24-hour chart illustrates a support level at 7.85, which if violated will result in even more drops to 7.65. On the upside, there is a resistance level at 8.17. A further resistance level may holdings at 8.29. The Relative Strength Index (RSI) on the 14-day chart is 56.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.73%. Stochastics %K at 51.63% indicates the stock is a holding.

How much short interest is there in Mister Car Wash Inc?

A steep rise in short interest was recorded in Mister Car Wash Inc stocks on 2025-02-28, growing by 0.51 million shares to a total of 10.72 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.21 million shares. There was a rise of 4.77%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on February 16, 2024 when JP Morgan began covering the stock and recommended ‘”a Neutral”‘ rating along with a $9.50 price target.

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