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
2014-05-09 Tucker Michael K EVP and General Counsel Sell 3,380 $51.90 $175,422 No
2014-05-13 Hardy John D. Jr. Director Sell 470 $54.38 $25,559 No
2014-02-28 Siniscalchi Patric Pres, Latin Amer, Asia&Pacific Sell 39,470 $46.71 $1,843,644 No
2014-02-26 Wyshner David B Sr EVP & CFO Sell 42,871 $46.56 $1,996,074 Yes
2014-02-26 De Shon Larry D President, EMEA Sell 25,000 $46.68 $1,167,000 Yes
2014-02-26 Martins Izilda P Sr VP and Acting CAO Sell 11,000 $46.68 $513,480 No
2014-02-26 Gartland Thomas M President, North America Sell 41,626 $46.54 $1,937,274 Yes
2014-02-26 Linnen Edward P SVP, Chief HR Officer Sell 5,100 $46.65 $237,915 No
2014-02-27 Deaver W Scott EVP, Strategy Sell 25,000 $47.83 $1,195,750 Yes
2014-02-25 Sweeney Stender E Director Sell 2,171 $46.30 $100,514 No
2014-02-25 Hardy John D. Jr. Director Sell 543 $47.20 $25,630 No
2013-11-25 KROMINGA LYNN Director Sell 13,500 $36.21 $488,835 No
2013-11-21 Siniscalchi Patric Pres, Latin Amer, Asia&Pacific Sell 25,000 $35.71 $892,750 Yes
2013-11-20 Tucker Michael K EVP and General Counsel Sell 2,600 $34.68 $90,168 No
2013-11-15 Martins Izilda P Sr VP and Acting CAO Sell 1,500 $35.05 $52,575 No
2013-11-15 Gartland Thomas M President, North America Sell 25,000 $34.80 $870,000 Yes
2013-11-08 Wyshner David B Sr EVP and CFO Sell 13,100 $32.25 $422,475 Yes
2013-11-12 Gartland Thomas M President, North America Sell 25,000 $33.00 $825,000 Yes
2013-11-05 Wyshner David B Sr EVP and CFO Sell 26,900 $32.36 $870,484 Yes
2013-11-04 Hardy John D. Jr. Director Sell 1,000 $31.59 $31,590 No
2013-05-08 Siniscalchi Patric Pres, Latin Amer/Asia Pacific Sell 20,000 $30.74 $614,800 Yes
2013-05-09 Wyshner David B Sr EVP and CFO Sell 50,000 $30.17 $1,508,500 Yes
2013-05-09 De Shon Larry D President, EMEA Sell 50,000 $30.00 $1,500,000 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
2013-04-02 Gartland Thomas M President, North America Sell 25,000 $29.00 $725,000 Yes
2013-03-22 Gartland Thomas M President, North America Sell 50,000 $26.93 $1,346,500 Yes
2013-03-05 NELSON RONALD L Chariman, CEO and President Sell 90,130 $24.53 $2,210,889 Yes
2013-02-22 Martins Izilda P VP and Acting CAO Sell 18,000 $23.46 $422,280 No
2013-02-20 Linnen Edward P SVP, Chief HR Officer Sell 6,700 $24.11 $161,537 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

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.