Avis Budget Group Inc’s recent filing unveils that its Director Hees Bernardo unloaded Company’s shares for reported $62.98 million on Aug 04 ’25. In the deal valued at $156.59 per share,402,200 shares were sold. As a result of this transaction, Hees Bernardo now holds 116,521 shares worth roughly $17.91 million.
Then, BHJH Master Trust LLC bought 402,200 shares, generating $65,988,954 in total proceeds.
Before that, Ferraro Joseph A. bought 30,000 shares. Avis Budget Group Inc shares valued at $4,948,800 were divested by the Officer at a price of $164.96 per share.
Goldman downgraded its Avis Budget Group Inc [CAR] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late July from “an Overweight” to “a Neutral”. Northcoast also remained covering CAR and has decreased its forecast on November 18, 2024 with a “Neutral” recommendation from previously “Buy” rating. Barclays started covering the stock on September 19, 2024. It rated CAR as “an Equal weight”.
Price Performance Review of CAR
On Friday, Avis Budget Group Inc [NASDAQ:CAR] saw its stock fall -1.94% to $153.71. Over the last five days, the stock has lost -6.31%. Avis Budget Group Inc shares have risen nearly 78.17% since the year began. Nevertheless, the stocks have risen 90.68% over the past one year.
How much short interest is there in Avis Budget Group Inc?
A steep rise in short interest was recorded in Avis Budget Group Inc stocks on 2025-07-15, growing by 1.08 million shares to a total of 7.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 6.49 million shares. There was a rise of 14.3%, which implies that there is a positive sentiment for the stock.
