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Mister Car Wash Inc [NASDAQ: MCW] Sees Decrease in Stock Value

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mister Car Wash Inc shares valued at $451,466 were sold by Gold Jedidiah Marc on Mar 25 ’25. At $8.52 per share, Gold Jedidiah Marc sold 52,989 shares. The insider’s holdings dropped to 55,437 shares worth approximately $0.39 million following the completion of this transaction.

Also, JEDIDIAH MARC GOLD purchased 52,989 shares, netting a total of over 442,988 in proceeds.

Before that, Matheny Joseph Duane had sold 36,452 shares from its account. In a trade valued at $291,981, the Chief Innovation Officer traded Mister Car Wash Inc shares for $8.01 each. Upon closing the transaction, the insider’s holdings decreased to 36,452 shares, worth approximately $0.6 million.

As published in their initiating research note from Raymond James on March 13, 2025, Mister Car Wash Inc [MCW] has been an Outperform and the price target has been revised to $10. Analysts at Stephens started covering the stock with ‘”an Equal-weight”‘ outlook in a report released in mid January. As of May 03, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for MCW. Earlier on March 19, 2024, Mizuho initiated its rating. Their recommendation was “a Buy” for MCW stock.

Analyzing MCW Stock Performance

Over the course of the year, Mister Car Wash Inc shares have dropped approximately -2.74%. Shares of the company reached a 52-week high of $8.60 on 03/26/25 and a 52-week low of $6.70 on 04/21/25. A 50-day SMA is recorded $7.70, while a 200-day SMA reached $7.27.

Support And Resistance Levels for Mister Car Wash Inc (MCW)

According to the 24-hour chart, there is a support level at 6.95, which, if violated, would cause prices to drop to 6.81. In the upper region, resistance lies at 7.20. The next price resistance is at 7.32. RSI (Relative Strength Index) is 42.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.10, which suggests the price will decrease in the coming days. Percent R is at 55.37%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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