Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
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
2011-10-04 Servodidio Mark J EVP, Chief Admin Officer Buy 1,500 $9.07 $13,599 No
2011-10-04 Mestre Eduardo G Director Buy 5,000 $9.12 $45,575 No
2011-02-25 Martins Izilda P VP & Acting Chief Act Ofc Sell 14,000 $15.07 $210,980 Yes
2011-02-22 Siniscalchi Patric EVP, International Operations Sell 39,939 $15.76 $629,439 Yes
2011-02-18 Servodidio Mark J EVP & Chief Admin Ofc Sell 30,000 $16.22 $486,600 Yes
2011-02-18 Gartland Thomas M EVP, Sales & Marketing Sell 40,000 $16.25 $650,000 Yes
2011-02-18 De Shon Larry D EVP, Operations Sell 30,000 $16.22 $486,600 Yes
2011-01-03 EDELMAN MARTIN L Director Sell 5,212 $15.40 $80,265 Yes
2010-11-05 Weinblatt Brett SVP, Chief Accounting Officer Sell 2,900 $13.78 $39,962 No
2010-04-07 Gartland Thomas M EVP, Sales & Marketing Sell 25,000 $13.50 $337,500 Yes
2010-04-05 De Shon Larry D EVP, Operations Sell 25,000 $12.49 $312,250 Yes
2010-03-04 De Shon Larry D EVP, Operations Sell 24,800 $10.87 $269,576 Yes
2010-02-19 De Shon Larry D EVP, Operations Sell 200 $11.50 $2,300 Yes
2010-01-28 Servodidio Mark J EVP, Human Resources Sell 56,250 $11.11 $624,938 Yes
2010-01-28 Wyshner David B EVP & Chief Financial Officer Sell 60,000 $11.11 $666,600 Yes
2009-12-23 SCLAFANI KAREN C EVP & General Counsel Sell 13,375 $13.50 $180,562 No
2009-08-13 Wyshner David B EVP and CFO Sell 12,500 $10.41 $130,125 No
2009-08-06 Weinblatt Brett SVP, Chief Accounting Officer Sell 1,500 $9.19 $13,785 No

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.

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.