The EVP, Business Services & CIO of United Rentals (URI) is Selling Shares


Today, the EVP, Business Services & CIO of United Rentals (URI), Dale Asplund, sold shares of URI for $1.41M.

Following Dale Asplund’s last URI Sell transaction on March 13, 2017, the stock climbed by 3.1%.

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Based on United Rentals’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $2.31 billion and quarterly net profit of $310 million. In comparison, last year the company earned revenue of $1.92 billion and had a net profit of $897 million. URI’s market cap is $10.16B and the company has a P/E ratio of 9.67. Currently, United Rentals has an average volume of 1.71M.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $162.75, reflecting a 30.4% upside.

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United Rentals, Inc. engages in the equipment rental business. It offers rent to construction and industrial companies, manufacturers, utilities, municipalities, homeowners and government entities. The company operates through two business segments: General Rentals; and Trench, power and pump.

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