Mudrick Capital Sells 200 Million Shares of Getaround, Inc.

Mudrick Capital Management offloaded 200 million shares of Getaround, Inc. on June 16, 2026.

Written by EarningsIQ · Published Jun 19, 2026, 3:02 AM EDT · Updated Jun 20, 2026, 7:00 AM EDT

Key Points

Mudrick Capital Management sold 200 million shares of Getaround, Inc. on June 16, 2026.
Getaround, Inc. trades at $0.0001 with a market cap of approximately $9,720.
Analysts from Roth MKM and Piper Sandler maintain a 'buy' rating on Getaround, Inc.

Mudrick Capital Management recently sold 200 million shares of Getaround, Inc. (OTC Markets: GETR) on June 16, 2026. The transaction was not part of a planned trading program. This move comes as the stock trades at a value of $0.0001.

Insider Buying and Selling at Getaround, Inc.

Mudrick Capital Management made a significant sale of 200 million shares of Getaround, Inc. on June 16, 2026. This transaction was not pre-planned. Additionally, Jackson Spencer, General Counsel & Secretary, sold 7,806 shares at a price of $0.046 on August 20, 2024. Another entity, InterPrivate Acquisition Management II, LLC, sold 2,707,369 shares on August 19, 2024.

Getaround, Inc. Stock Snapshot

Shares of Getaround, Inc. (OTC Markets: GETR) are trading at $0.0001. The company has a market capitalization of about $9,720. The stock's 52-week range is between $0.0001 and $0.03065. It has a 50-day moving average of $0.000208 and a 200-day moving average of $0.000839. The company's current ratio is 0.588, and its quick ratio is 0.48.

Recent Earnings

Getaround, Inc. reported revenue of $76.87 million, although it experienced a revenue decline of 5.9%. The company is not currently profitable, displaying a negative net margin of -119.75%. The next earnings report is scheduled for August 12, 2024.

Analysts Set New Price Targets

On May 12, 2023, Roth MKM maintained a 'buy' rating on Getaround, Inc. with a price target of $1.25. Piper Sandler reiterated its 'buy' rating on April 3, 2023, with a target of $1.50. Additionally, Wedbush initiated coverage with a 'buy' rating and a $5.00 price target on January 16, 2023.

About Getaround, Inc.

Getaround, Inc. is a technology company operating in the software application industry. It provides an online platform for car and truck rentals, utilizing its cloud and in-car Connect technology. The company operates in major U.S. cities, including Chicago, Los Angeles, and San Francisco. Headquartered in Oakland, California, Getaround is led by CEO Sam Zaid and employs about 290 people.

Bottom Line

Mudrick Capital Management's sale of 200 million shares of Getaround, Inc. reflects a major insider transaction. Investors often track such insider moves for potential insights into company performance. It's important to note that these transactions are backward-looking and may not represent current positions.