Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Avis Budget Group Inc shares valued at $133,475 were sold by KROMINGA LYNN on Feb 20 ’25. At $95.00 per share, KROMINGA LYNN sold 1,405 shares. The insider’s holdings dropped to 1,950 shares worth approximately $0.18 million following the completion of this transaction.
Also, KROMINGA LYNN sold 661 shares, netting a total of over 62,795 in proceeds. Following the sale of shares at $95.00 each, the insider now holds 3,355 shares.
Before that, KROMINGA LYNN had added 2,066 shares to its account. In a trade valued at $196,270, the Director bought Avis Budget Group Inc shares for $95.00 each.
As published in a research note from Northcoast on November 18, 2024, Avis Budget Group Inc [CAR] has been rated down from a Buy to a Neutral. Analysts at Barclays started covering the stock with ‘”an Equal weight”‘ outlook in a report released in mid September. As of April 04, 2024, Goldman has increased its “Sell” rating to a “Neutral” for CAR. Earlier on March 25, 2024, Northcoast upgraded its rating. Their new recommendation was “a Buy” for CAR stock which previously was a “a Neutral”.
Analyzing CAR Stock Performance
During the last five days, there has been a surge of approximately 25.73%. Over the course of the year, Avis Budget Group Inc shares have jumped approximately 13.37%. Shares of the company reached a 52-week high of $97.99 on 02/18/25 and a 52-week low of $54.03 on 03/13/25. A 50-day SMA is recorded $74.38, while a 200-day SMA reached $85.96.
Support And Resistance Levels for Avis Budget Group Inc (CAR)
According to the 24-hour chart, there is a support level at 87.16, which, if violated, would cause prices to drop to 82.92. In the upper region, resistance lies at 94.33. The next price resistance is at 97.26. RSI (Relative Strength Index) is 66.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 12.00, which suggests the price will increase in the coming days. Percent R is at 5.31%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
