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Concurrent Investment Advisors LLC Buys 13,131 Shares of United Rentals, Inc. $URI
Concurrent Investment Advisors LLC significantly increased its stake in United Rentals, Inc. ($URI) by purchasing 13,131 shares, bringing its total to 13,705 shares valued at $11.09 million. The company has a “Moderate Buy” consensus rating from analysts with an average target price of $986.35, and recently authorized a $5.0 billion share repurchase program and declared a quarterly dividend of $1.97. Despite a strong stock performance and positive analyst sentiment, some insiders have sold shares, and the recent sharp run-up in price may introduce short-term volatility.