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
2017-12-08 Calabria David T SVP & Chief Accounting Officer Sell 1,250 $41.71 $52,138 No
2017-12-04 NELSON RONALD L Executive Chairman Sell 290,472 $40.26 $11,694,388 Yes
2017-12-01 Deaver W Scott EVP & CMO Sell 40,000 $39.05 $1,562,000 Yes
2017-11-10 Hardy John D. Jr. Director Sell 831 $35.36 $29,384 No
2017-10-30 De Shon Larry D CEO and President Sell 25,000 $42.00 $1,050,000 No
2017-10-13 NELSON RONALD L Executive Chairman Sell 250,000 $41.02 $10,255,000 No
2017-09-12 NELSON RONALD L Executive Chairman Sell 150,000 $37.30 $5,595,000 No
2017-09-06 Sweeney Stender E Director Sell 1,500 $35.02 $52,530 No
2017-09-06 Calabria David T SVP & Chief Accounting Officer Sell 1,300 $35.86 $46,618 No
2017-08-31 Linnen Edward P EVP, Chief HR Officer Sell 3,000 $36.09 $108,270 No
2017-08-31 Servodidio Mark J President, International Sell 29,000 $36.07 $1,046,030 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
2016-12-01 NELSON RONALD L Executive Chairman Sell 150,000 $39.00 $5,850,528 No
2016-11-21 Tucker Michael K EVP and General Counsel Sell 2,439 $39.05 $95,243 No
2016-11-18 Wyshner David B President & CFO Sell 20,000 $38.56 $771,200 No
2016-11-15 NELSON RONALD L Executive Chairman Sell 37,385 $40.00 $1,495,400 No
2016-11-17 Sweeney Stender E Director Sell 803 $38.34 $30,789 No
2016-11-08 Hardy John D. Jr. Director Sell 779 $34.84 $27,140 No
2016-11-07 NELSON RONALD L Executive Chairman Sell 62,615 $40.00 $2,504,600 No
2016-09-19 NELSON RONALD L Executive Chairman Sell 50,000 $38.00 $1,900,000 No
2016-08-24 Linnen Edward P EVP, Chief HR Officer Sell 4,000 $36.69 $146,760 No
2016-08-17 Wyshner David B President & CFO Sell 20,000 $36.27 $725,400 No
2016-08-04 Tucker Michael K EVP and General Counsel Sell 6,656 $37.65 $250,598 No
2016-08-08 Sweeney Stender E Director Sell 763 $38.81 $29,612 No
2016-08-08 Hardy John D. Jr. Director Sell 738 $38.39 $28,332 No
2016-05-17 Servodidio Mark J President, International Buy 1,900 $26.26 $49,894 No
2016-05-09 Sweeney Stender E Director Sell 2,368 $25.62 $60,668 No
2016-05-09 Hardy John D. Jr. Director Sell 1,108 $26.25 $29,085 No

Insider Smart

SERVICE CORP INTERNATIONAL (SCI) - WALTRIP W BLAIR, Director of $SCI made a buy at 34.65, was he convinced the bottom of the box is a strong support? Well, seems he is not wrong.

Insider Smart

Celldex Therapeutics, Inc. (CLDX) - Multiple insiders including President, EVP, CEO, CSO and Directors bought shares on Jun.9th, first time since 2018, this was very convincing and we initiated a position. Stock soared from $3 to 9$ in 2 days, and the run is still going on.