Avis Budget Group (NASDAQ:CAR) EVP Sells $638,608.21 in Stock

Market Beat
2026.05.01 10:22
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Avis Budget Group EVP Ravi Simhambhatla sold 3,469 shares of stock for $638,608.21 on April 30th, reducing his ownership by 20%. Post-sale, he holds 13,876 shares valued at $2,554,432.84. The stock opened at $180.67, with a 12-month range of $85.96 to $847.70. The company reported a quarterly EPS of ($8.01), missing estimates, but revenue increased by 4.1% year-over-year. Institutional investors own 96.35% of the stock, with recent modifications in holdings. Analyst ratings vary, with several downgrades noted.