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United Rentals, Inc. $URI Shares Sold by Impax Asset Management Group plc
Impax Asset Management Group plc has reduced its stake in United Rentals, Inc. ($URI) by 4.6% in the fourth quarter, selling 2,307 shares and holding 47,751 shares valued at $38.6 million. This comes as several other institutional investors increased their positions in URI, and company insiders, including the CEO and EVP, sold significant amounts of stock. Analysts maintain a “Moderate Buy” rating for United Rentals, with an average price target of $986.35, following a strong Q1 earnings beat and raised full-year guidance.