Mister Car Wash, Inc. (NYSE:MCW) Stock Position Decreased by Savant Capital LLC

Savant Capital LLC lowered its stake in Mister Car Wash, Inc. (NYSE:MCW - Free Report) by 60.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,389 shares of the company's stock after selling 40,816 shares during the quarter. Savant Capital LLC's holdings in Mister Car Wash were worth $192,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Blue Trust Inc. raised its stake in shares of Mister Car Wash by 59.4% in the 4th quarter. Blue Trust Inc. now owns 13,510 shares of the company's stock worth $98,000 after buying an additional 5,032 shares in the last quarter. Arkadios Wealth Advisors raised its position in Mister Car Wash by 13.3% in the fourth quarter. Arkadios Wealth Advisors now owns 48,640 shares of the company's stock worth $355,000 after acquiring an additional 5,702 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Mister Car Wash by 19.5% in the 3rd quarter. Victory Capital Management Inc. now owns 63,576 shares of the company's stock valued at $414,000 after acquiring an additional 10,377 shares during the last quarter. iSAM Funds UK Ltd boosted its position in shares of Mister Car Wash by 102.2% during the 3rd quarter. iSAM Funds UK Ltd now owns 25,103 shares of the company's stock valued at $163,000 after purchasing an additional 12,689 shares in the last quarter. Finally, Walleye Capital LLC grew its stake in shares of Mister Car Wash by 13.9% in the 3rd quarter. Walleye Capital LLC now owns 152,252 shares of the company's stock worth $991,000 after purchasing an additional 18,560 shares during the last quarter.

Insider Buying and Selling at Mister Car Wash

In other Mister Car Wash news, insider Joseph Duane Matheny sold 74,304 shares of Mister Car Wash stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $8.05, for a total transaction of $598,147.20. Following the completion of the sale, the insider now owns 81,206 shares of the company's stock, valued at $653,708.30. This trade represents a 47.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 70.00% of the company's stock.

Mister Car Wash Stock Down 3.0 %

NYSE:MCW traded down $0.23 during trading hours on Friday, hitting $7.26. 1,874,335 shares of the company's stock traded hands, compared to its average volume of 1,244,004. The stock's fifty day moving average price is $7.45 and its two-hundred day moving average price is $7.14. The firm has a market cap of $2.34 billion, a P/E ratio of 32.98, a P/E/G ratio of 1.65 and a beta of 1.63. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.24 and a current ratio of 0.53. Mister Car Wash, Inc. has a twelve month low of $5.84 and a twelve month high of $8.59.

Analysts Set New Price Targets

Several research firms recently commented on MCW. Stephens initiated coverage on shares of Mister Car Wash in a research note on Tuesday, January 14th. They set an "equal weight" rating and a $8.00 target price for the company. Morgan Stanley increased their price objective on Mister Car Wash from $8.00 to $9.00 and gave the company an "equal weight" rating in a research report on Thursday. Wells Fargo & Company decreased their target price on Mister Car Wash from $10.00 to $9.00 and set an "overweight" rating on the stock in a report on Monday, January 6th. Finally, UBS Group upped their price objective on shares of Mister Car Wash from $8.00 to $8.50 and gave the company a "neutral" rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $8.57.

About Mister Car Wash

Mister Car Wash, Inc, together with its subsidiaries, provides conveyorized car wash services in the United States. It offers express exterior and interior cleaning services. The company serves individual retail and corporate customers. The company was formerly known as Hotshine Holdings, Inc and changed its name to Mister Car Wash, Inc in March 2021.