Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
AVIS BUDGET GROUP, INC. (CAR)
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
2018-05-07 Hardy John D. Jr. Director Sell 1,022 $44.64 $45,622 No
2017-11-10 Hardy John D. Jr. Director Sell 831 $35.36 $29,384 No
2017-08-11 Hardy John D. Jr. Director Sell 908 $32.78 $29,764 No
2017-05-09 Hardy John D. Jr. Director Sell 992 $27.20 $26,982 No
2017-02-22 Hardy John D. Jr. Director Sell 870 $34.16 $29,719 No
2016-11-08 Hardy John D. Jr. Director Sell 779 $34.84 $27,140 No
2016-08-08 Hardy John D. Jr. Director Sell 738 $38.39 $28,332 No
2016-05-09 Hardy John D. Jr. Director Sell 1,108 $26.25 $29,085 No
2016-02-29 Hardy John D. Jr. Director Sell 1,183 $24.89 $29,445 No
2015-11-06 Hardy John D. Jr. Director Sell 1,264 $44.01 $55,629 No
2015-05-08 Hardy John D. Jr. Director Sell 535 $53.53 $28,639 No
2015-03-02 Hardy John D. Jr. Director Sell 955 $61.73 $58,952 No
2014-08-08 Hardy John D. Jr. Director Sell 474 $60.71 $28,777 No
2014-05-13 Hardy John D. Jr. Director Sell 470 $54.38 $25,559 No
2014-02-25 Hardy John D. Jr. Director Sell 543 $47.20 $25,630 No
2013-11-04 Hardy John D. Jr. Director Sell 1,000 $31.59 $31,590 No
2011-10-06 Hardy John D. Jr. Director Buy 1,000 $10.07 $10,069 No

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.