Mister Car Wash CFO Gold sells $38,968 in shares
Insider Trading
Published 28-06-2025, 06:06 am
Mister Car Wash CFO Gold sells $38,968 in shares
Jedidiah Marc Gold, Chief Financial Officer of Mister Car Wash (NYSE:MCW), Inc. (NASDAQ:MCW), sold 6,357 shares of common stock on June 26 at a price of $6.13, totaling $38,968. The transaction comes as the stock trades near its 52-week low of $5.84, with InvestingPro analysis indicating the company is currently fairly valued.
According to a Form 4 filing with the Securities and Exchange Commission, the sales reported represent shares automatically sold in a non-discretionary transaction to cover taxes and fees in connection with the vesting and settlement of restricted stock unit awards. The company, currently valued at $1.98 billion with a P/E ratio of 24.32, maintains a "FAIR" financial health rating according to InvestingPro’s comprehensive analysis.
On June 25, Gold also exercised options to acquire 15,000 shares of common stock at a price of $0, related to the vesting of restricted stock units. Following these transactions, Gold directly owns 75,637 shares of Mister Car Wash. For deeper insights into MCW’s valuation metrics and 11 additional key ProTips, visit InvestingPro.
In other recent news, Mister Car Wash Inc. reported strong first-quarter 2025 earnings, exceeding analyst expectations. The company achieved an earnings per share (EPS) of $0.11, surpassing the forecast of $0.10, and recorded revenue of $261.7 million, which was above the anticipated $257.84 million. The revenue increased by 9% year-over-year, and adjusted EBITDA grew by 14% to $86 million. Following these results, the company raised its full-year guidance for revenue and adjusted EBITDA, indicating confidence in its strategic initiatives and market positioning. Despite these positive developments, Goldman Sachs (NYSE:GS) downgraded Mister Car Wash stock to a Sell rating, setting a price target of $6.25. Analysts from Goldman Sachs expressed concerns about the competitive landscape and potential challenges in the market. They highlighted factors such as planned price increases for the Unlimited Wash Club, which could lead to higher customer churn, as potential risks to the company’s financial performance. These recent developments reflect both the opportunities and challenges facing Mister Car Wash in the current market environment.

Mister Car Wash CFO Gold sells $38,968 in shares

Jedidiah Marc Gold, CFO of Mister Car Wash (NASDAQ:MCW), sold $38,968 in shares of the company's stock, which trades near its 52-week low. The company reported strong first-quarter 2025 earnings, exceeding expectations, with revenue up 9% year-over-year. Goldman Sachs downgraded the stock to a Sell rating, citing concerns about competitive pressures and potential customer churn from planned price increases.