Insider Selling: McGrath RentCorp (NASDAQ:MGRC) SVP Sells $160,454.28 in Stock

Posted by Geri Gentry on Jun 19th, 2026

McGrath RentCorp (NASDAQ:MGRC – Get Free Report) SVP Gilda Malek sold 1,407 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $114.04, for a total value of $160,454.28. Following the transaction, the senior vice president directly owned 8,018 shares in the company, valued at $914,372.72. This represents a 14.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

McGrath RentCorp Price Performance

Shares of MGRC stock opened at $118.19 on Friday. The company’s fifty day simple moving average is $112.84 and its two-hundred day simple moving average is $110.84. McGrath RentCorp has a 1 year low of $94.99 and a 1 year high of $128.41. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 18.76, a PEG ratio of 1.16 and a beta of 0.44.

McGrath RentCorp (NASDAQ:MGRC – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.10 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.03). The firm had revenue of $198.54 million for the quarter, compared to analysts’ expectations of $198.19 million. McGrath RentCorp had a net margin of 16.38% and a return on equity of 12.84%. Equities research analysts anticipate that McGrath RentCorp will post 6.35 EPS for the current year.

McGrath RentCorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be issued a $0.495 dividend. The ex-dividend date is Friday, July 17th. This represents a $1.98 annualized dividend and a dividend yield of 1.7%. McGrath RentCorp’s dividend payout ratio (DPR) is currently 31.43%.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered McGrath RentCorp from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $141.50.

Get Our Latest Research Report on McGrath RentCorp

Institutional Investors Weigh In On McGrath RentCorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Aster Capital Management DIFC Ltd bought a new position in McGrath RentCorp in the 3rd quarter worth $29,000. EverSource Wealth Advisors LLC raised its stake in shares of McGrath RentCorp by 767.7% in the second quarter. EverSource Wealth Advisors LLC now owns 269 shares of the financial services provider’s stock worth $31,000 after buying an additional 238 shares during the period. Danske Bank A S purchased a new position in shares of McGrath RentCorp during the 3rd quarter valued at about $47,000. Strs Ohio bought a new position in shares of McGrath RentCorp during the 1st quarter valued at approximately $56,000. Finally, Covestor Ltd increased its holdings in McGrath RentCorp by 52.0% in the 4th quarter. Covestor Ltd now owns 1,385 shares of the financial services provider’s stock worth $145,000 after acquiring an additional 474 shares in the last quarter. Hedge funds and other institutional investors own 92.05% of the company’s stock.

About McGrath RentCorp

(Get Free Report)

McGrath RentCorp, through its subsidiaries, provides rental, sales, and servicing of equipment for commercial, industrial, environmental, and residential markets. The company operates primarily through two segments—mobile storage and water management—offering flexible solutions for customers requiring on-site storage, water transport, treatment, and dewatering services.

In its mobile storage segment, McGrath RentCorp supplies portable storage containers and modular office units to sectors including construction, retail, government, and disaster restoration.