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
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
2013-02-21 Siniscalchi Patric Pres, Latin Amer/Asia Pacific Sell 30,000 $22.54 $676,200 Yes
2013-02-20 Deaver W Scott EVP, Strategy Sell 50,000 $23.62 $1,181,000 No
2013-02-20 De Shon Larry D President, EMEA Sell 50,000 $23.60 $1,180,000 Yes
2013-02-15 Wyshner David B Sr EVP and CFO Sell 50,000 $24.12 $1,206,000 Yes
2013-02-15 Gartland Thomas M President, North America Sell 50,000 $24.08 $1,204,000 Yes
2013-01-02 Wyshner David B Sr EVP and CFO Sell 47,200 $20.74 $978,928 Yes
2012-12-20 Wyshner David B Sr EVP and CFO Sell 12,800 $20.47 $262,016 Yes
2012-12-18 De Shon Larry D President, EMEA Sell 25,000 $20.00 $500,000 Yes
2012-12-18 Siniscalchi Patric Pres, Latin Amer/Asia Pacific Sell 25,000 $20.00 $500,000 Yes
2012-12-18 Servodidio Mark J EVP, Chief Admin Officer Sell 20,000 $19.50 $390,000 Yes
2012-09-11 Martins Izilda P VP and Acting CAO Sell 10,000 $16.66 $166,600 Yes
2012-08-31 Siniscalchi Patric Pres, Latin Amer/Asia Pacific Sell 10,000 $16.45 $164,500 Yes
2012-08-24 De Shon Larry D President, EMEA Sell 10,000 $16.00 $160,000 Yes
2012-05-02 Wyshner David B Sr EVP and CFO Sell 60,000 $16.03 $961,800 Yes
2012-05-01 Servodidio Mark J EVP, Chief Admin Officer Sell 25,000 $14.62 $365,500 Yes
2012-04-30 SALERNO F ROBERT Director Sell 284,212 $13.10 $3,722,007 Yes
2012-04-12 SALERNO F ROBERT Director Sell 134,988 $13.01 $1,756,194 Yes
2012-04-10 SALERNO F ROBERT Director Sell 168,403 $13.49 $2,271,604 Yes
2011-10-17 Deaver W Scott EVP, Strategy Buy 1,000 $11.78 $11,777 No
2011-10-07 Sweeney Stender E Director Buy 1,500 $10.76 $16,137 No
2011-10-06 Hardy John D. Jr. Director Buy 1,000 $10.07 $10,069 No
2011-10-06 Gartland Thomas M President, North America Buy 973 $10.24 $9,963 No
2011-10-07 KROMINGA LYNN Director Buy 1,000 $10.66 $10,659 No
2011-10-07 Siniscalchi Patric Pres, Latin Amer, Asia&Pacific Buy 1,200 $10.88 $13,052 No
2011-10-04 NELSON RONALD L Chariman, CEO and President Buy 50,000 $8.99 $449,315 No
2011-10-04 EDELMAN MARTIN L Director Buy 10,000 $9.02 $90,214 No
2011-10-04 SALERNO F ROBERT Vice Chairman Buy 10,000 $9.11 $91,112 No
2011-10-04 CHOKSI MARY C Director Buy 7,000 $8.91 $62,345 No
2011-10-05 COLEMAN LEONARD S JR Director Buy 1,500 $9.74 $14,616 No
2011-10-05 De Shon Larry D President, EMEA Buy 5,000 $9.75 $48,768 No

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