From MarketBeat:

Campbell & CO Investment Adviser LLC grew its position in Avis Budget Group, Inc. by 274.9% in the 3rd quarter, owning 8,502 shares, worth $1,528,000. Many other institutional investors have also recently added to or reduced their stakes in the company.

Avis Budget Group stock traded down $3.03 on Thursday, reaching $163.38. The company’s 50-day moving average is at $175.91 and its two-hundred day moving average is $189.59. The firm has a market cap of $5.92 billion.

Avis Budget Group recently announced a special dividend, which was paid on Thursday, December 21st. Investors of record on Friday, December 15th were given a $10.00 dividend.

EVP Izilda P. Martins sold 3,950 shares of the firm’s stock in a transaction that occurred on Friday, December 15th, happening in a transaction on Friday, December 15th. CEO Joseph A. Ferraro sold 18,460 shares of Avis Budget Group stock in a transaction on Friday, December 15th.

CAR has been the topic of multiple research analyst reports. Two analysts have rated the stock with a sell rating, one has given a hold rating, and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $222.40.

Avis Budget Group, Inc, provides car and truck rentals, car sharing, and other services to businesses and consumers globally. It operates several popular brands in the industry, including Avis, Budget, and Zipcar.

MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Avis Budget Group wasn’t on the list.



Read more: Avis Budget Group, Inc. (NASDAQ:CAR) Shares Purchased by Campbell & CO Investment Adviser LLC