United Rentals (URI) Soars 1.58% on Bullish Options Activity

United Rentals (URI) shares surged 1.58% today, marking the second consecutive day of gains, with a total increase of 2.56% over the past two days. The stock price reached its highest level since December 2024, with an intraday gain of 1.89%.

Analysts have been closely monitoring United Rentals, with Barclays maintaining a Sell rating and setting a price target of $565.00. Meanwhile, UBS downgraded the stock to a Sell with a price target of $910.00. Despite these bearish sentiments, the overall consensus remains a Moderate Buy, with an average price target of $744.54, suggesting potential upside for the stock.

Insider activity has also been a notable factor, with an increase in insiders selling their shares of URI. This trend indicates negative corporate insider sentiment. Specifically, the EVP and CFO of URI, William E. Grace, sold shares in February 2025, which could be interpreted as a lack of confidence in the company's near-term prospects.

Additionally, unusual options activity has been observed, leading to movements in the stock price and showing bullish sentiment among traders. This activity suggests that some market participants are optimistic about the company's future performance, despite the bearish analyst ratings and insider selling.