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The Potential Rise in the Price of Mister Car Wash Inc (MCW) following insiders activity

Mister Car Wash Inc’s recent filing unveils that its Chief Financial Officer Gold Jedidiah Marc unloaded Company’s shares for reported $0.45 million on Mar 25 ’25. In the deal valued at $8.52 per share,52,989 shares were sold. As a result of this transaction, Gold Jedidiah Marc now holds 55,437 shares worth roughly $0.4 million.

Then, JEDIDIAH MARC GOLD bought 52,989 shares, generating $442,988 in total proceeds.

Before that, Matheny Joseph Duane sold 36,452 shares. Mister Car Wash Inc shares valued at $291,981 were divested by the Chief Innovation Officer at a price of $8.01 per share. As a result of the transaction, Matheny Joseph Duane now holds 84,895 shares, worth roughly $0.61 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 -0.14% to $7.24. Over the last five days, the stock has gained 5.69%. Mister Car Wash Inc shares have fallen nearly -0.69% since the year began. Nevertheless, the stocks have risen 7.58% over the past one year. While a 52-week high of $8.60 was reached on 03/26/25, a 52-week low of $5.84 was recorded on 04/08/25. SMA at 50 days reached $7.80, while 200 days put it at $7.26.

Levels Of Support And Resistance For MCW Stock

The 24-hour chart illustrates a support level at 7.18, which if violated will result in even more drops to 7.12. On the upside, there is a resistance level at 7.32. A further resistance level may holdings at 7.40. The Relative Strength Index (RSI) on the 14-day chart is 41.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.63%. Stochastics %K at 24.80% 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 2025-03-31, growing by 1.75 million shares to a total of 12.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 10.72 million shares. There was a rise of 14.02%, 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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