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Avis Budget Group Breaks Below 200-Day Moving Average - Notable for CAR
Thursday, July 30, 11:48 AM ET, by Market News Video Staff

In trading on Thursday, shares of Avis Budget Group Inc (CAR) crossed below their 200 ...

Noteworthy Wednesday Option Activity: CAR, AVAV, PANW
Wednesday, August 5, 4:23 PM ET, by Market News Video Staff

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...

Avis Budget Group Reaches Analyst Target Price
Wednesday, August 12, 9:17 AM ET, by Market News Video Staff

In recent trading, shares of Avis Budget Group Inc (CAR) have crossed above the average ...

Notable Monday Option Activity: UI, CAR, VEEV
Monday, August 24, 3:24 PM ET, by Market News Video Staff

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...

Notable ETF Inflow Detected - XTN, AAWW, CAR, SAIA
Tuesday, September 15, 10:46 AM ET, by Market News Video Staff

Symbols mentioned in this story: XTN, AAWW, CAR, SAIA Exchange traded funds (ETFs) trade just ...

Top Buys by Top Brass: EVP & Chief Financial Officer Choi's $1.1M Bet on CAR

By Market News Video Staff, Tuesday, February 23, 10:27 AM ET
Play Video: One Reason For Insiders to Buy


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A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by the ''top brass'' over the trailing six month period, one of which was a total of $1.1M by Brian J. Choi, EVP & Chief Financial Officer at Avis Budget Group Inc (NASDAQ:CAR).

Choi bets big on CAR:

Purchased Insider Title Shares Price/Share Value
02/19/2021 Brian J. Choi EVP & Chief Financial Officer 23,735 $45.88 $1,089,033.95

Choi's average cost works out to $45.88/share. Shares of Avis Budget Group Inc were changing hands at $50.83 at last check, trading up about 3.6% on Tuesday. The chart below shows the one year performance of CAR shares, versus its 200 day moving average:

Avis Budget Group Inc Chart

Looking at the chart above, CAR's low point in its 52 week range is $6.35 per share, with $52.55 as the 52 week high point — that compares with a last trade of $50.83.


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Top Buys by Top Brass: EVP & Chief Financial Officer Choi's $1.1M Bet on CAR | Market News Video | Copyright © 2008 - 2021, All Rights Reserved

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