In a filing, Avis Budget Group Inc revealed its EVP, Chief HR Officer Linnen Edward P unloaded Company’s shares for reported $1.57 million on Aug 15 ’25. In the deal valued at $156.83 per share,10,000 shares were sold. As a result of this transaction, Linnen Edward P now holds 40,915 shares worth roughly $6.5 million.
Then, Linnen Edward P bought 10,000 shares, generating $1,569,183 in total proceeds.
Before that, Hees Bernardo sold 402,200 shares. Avis Budget Group Inc shares valued at $62,980,572 were divested by the Director at a price of $156.59 per share. As a result of the transaction, Hees Bernardo now holds 116,521 shares, worth roughly $18.5 million.
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 Monday, Avis Budget Group Inc [NASDAQ:CAR] saw its stock jump 2.01% to $158.76. Over the last five days, the stock has gained 3.71%. Avis Budget Group Inc shares have risen nearly 88.28% since the year began. Nevertheless, the stocks have risen 96.95% over the past one year. While a 52-week high of $212.81 was reached on 07/29/25, a 52-week low of $54.03 was recorded on 03/13/25.
Levels Of Support And Resistance For CAR Stock
The 24-hour chart illustrates a support level at 154.22, which if violated will result in even more drops to 149.67. On the upside, there is a resistance level at 165.19. A further resistance level may holdings at 171.61.
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 2025-07-31, growing by 0.83 million shares to a total of 7.69 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 6.86 million shares. There was a rise of 10.81%, which implies that there is a positive sentiment for the stock.
