Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
Sector: Industrials; Industry: Rental & Leasing Services

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers. It operates the Avis brand, a vehicle rental system that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local and one-way truck rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 575 dealer-operated and 420 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2017-12-08 Deaver W Scott EVP & CMO Sell 47,500 $40.80 $1,938,000 Yes
2017-12-01 Deaver W Scott EVP & CMO Sell 40,000 $39.05 $1,562,000 Yes
2014-02-27 Deaver W Scott EVP, Strategy Sell 25,000 $47.83 $1,195,750 Yes
2013-05-06 Deaver W Scott EVP, Strategy Sell 75,000 $29.66 $2,224,500 Yes
2013-04-08 Deaver W Scott EVP, Strategy Sell 25,000 $26.97 $674,250 No
2013-02-20 Deaver W Scott EVP, Strategy Sell 50,000 $23.62 $1,181,000 No
2011-10-17 Deaver W Scott EVP, Strategy Buy 1,000 $11.78 $11,777 No

Insider Smart

MGM Resorts International (MGM) - If we were to pick one of the easy trade from the crash, it has to be MGM, checkout the impressive insider buying after crash. Do you really need more confidence to pull the trigger? That's the mental edge you need to work against fear.

Insider Smart

Axsome Therapeutics, Inc (AXSM) - AXSM shows the power of an #allgreen stock, no insider selling, great management great company, if you follow the insiders last year and pick up around $25, the 52 week high is $100+.