A company insider recently sold 2,221 shares of McGrath Rentcorp [MGRC]. Should You also Consider to Sale?

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McGrath Rentcorp’s recent filing unveils that its SVP, Chief Accounting Officer Whitney David M unloaded Company’s shares for reported $0.25 million on Jun 06 ’25. In the deal valued at $114.21 per share,2,221 shares were sold. As a result of this transaction, Whitney David M now holds 6,694 shares worth roughly $0.75 million.

Then, Whitney David M sold 500 shares, generating $58,003 in total proceeds. Upon selling the shares at $116.01, the SVP, Chief Accounting Officer now owns 8,915 shares.

Before that, VAN TREASE KRISTINA sold 2,221 shares. McGrath Rentcorp shares valued at $253,653 were divested by the Chief Strategy Officer at a price of $114.21 per share. As a result of the transaction, VAN TREASE KRISTINA now holds 6,694 shares, worth roughly $0.75 million.

CJS Securities initiated its McGrath Rentcorp [MGRC] rating to a Market outperform in a research note published on December 11, 2024; the price target was $152. Sidoti also remained covering MGRC and has increased its forecast on February 02, 2023 with a “Buy” recommendation from previously “Neutral” rating. Sidoti revised its rating on November 16, 2022. It rated MGRC as “a Neutral” which previously was an “a Buy”.

Price Performance Review of MGRC

On Tuesday, McGrath Rentcorp [NASDAQ:MGRC] saw its stock jump 0.08% to $112.52. Over the last five days, the stock has lost -4.60%. McGrath Rentcorp shares have risen nearly 0.63% since the year began. Nevertheless, the stocks have risen 7.29% over the past one year. While a 52-week high of $129.93 was reached on 02/21/25, a 52-week low of $95.50 was recorded on 04/25/25.

Levels Of Support And Resistance For MGRC Stock

The 24-hour chart illustrates a support level at 110.89, which if violated will result in even more drops to 109.25. On the upside, there is a resistance level at 114.67. A further resistance level may holdings at 116.81.

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