Joseph F Hanna

Director Joseph Hanna sells ~10,000 shares totaling $1.1M amid stock pullback from highs

Director Joseph Hanna executed a series of sales totaling approximately $1.1 million across three trading days, reducing his holdings by roughly six percent. The sales occurred while McGrath RentCorp's stock trades notably below its recent highs, having pulled back from its peak—a timing that differs from typical insider conviction signals, which often cluster near market bottoms. The company itself remains solidly profitable with steady revenue growth and a reasonable valuation multiple, suggesting the sales are likely motivated by portfolio rebalancing or personal financial needs rather than fundamental concern about the business. Without visibility into Hanna's overall trading pattern or whether these sales were pre-planned, the transaction is routine director activity, not a red flag about company health or near-term prospects.

CEO Joseph Hanna sells 14,577 shares of McGrath RentCorp for $1,844,647.93 across three transactions on 2025-07-29

Joseph Hanna, President and CEO of McGrath RentCorp, executed three separate sales totaling 14,577 shares for $1,844,647.93 at a blended average price of $126.55 on 2025-07-29, reducing his holdings from 168,214 shares to 153,637 shares (an 8.7% reduction). The transaction occurred near the 52-week high of $128.96, with the stock currently trading at $124.79 and up 5.3% over the prior 30 days and 13.8% over 90 days. Hanna's prior five sales at McGrath RentCorp have all resulted in positive 90-day returns (ranging from +1.3% to +16.0%), indicating his historical sales at this ticker have been poorly-timed relative to subsequent price appreciation; none of the five prior same-ticker sales were well-timed by the 90-day mark. McGrath RentCorp shows solid fundamentals with $235.6M quarterly revenue, $36.0M net income, 9.5% annual revenue growth, and a P/E of 12.16, suggesting the company is performing operationally sound.

MGRC CEO Joseph F Hanna sold 14,250 shares for $1,550,888.97 across 3 transactions on May 1–2, 2025

Joseph F Hanna, President and CEO of McGrath RentCorp, executed 3 separate sales totaling 14,250 shares for $1,550,888.97 at a blended average price of $108.83, reducing his holdings from 182,464 to 168,214 shares (-7.8%). The company trades at a P/E of 11.27 with strong fundamentals: $195.4M in latest quarterly revenue and annual revenue growth of +9.5%. At his cross-ticker historical track record, Hanna's prior 3 open-market sells showed an average 90-day return of +1.8%, indicating those sales preceded stock gains rather than declines (poorly timed on average). His 3 prior trades at MGRC specifically showed a 0.00% well-timed rate at the 90-day mark, with all 3 preceding modest positive returns. The current sale occurs with the stock down 15.9% from its 52-week high of $128.96, though the 30-day price action shows +3.2% appreciation. The magnitude represents a material but not dominant reduction in an already substantial CEO stake.

McGrath RentCorp CEO Joseph Hanna sells 19,945 shares at $120.26 avg for $2.4M; retains 151.3K shares.

JOSEPH F HANNA, President and CEO of McGrath RentCorp, executed 3 separate sales totaling 19,945 shares for $2,398,657.12 across 2024-11-06 and 2024-11-07, with share prices ranging from $119.64 to $121.73. The transaction occurred during strong momentum—the stock is up 13.2% over 30 days and 21.1% over 90 days, trading at $120.97 or 7.0% below its 52-week high of $130.11. Post-transaction holdings of 151.3K shares represent an 11.6% reduction from the pre-transaction level of 171.2K shares. The company shows solid fundamentals with a P/E of 13.21 and annual revenue growth of 13.4%, with most recent quarterly revenue at $266.8M and net income at $149.3M. The disposal occurs in a favorable price environment within Hanna's recent trading context.