2 weeks Ago By ABMN Staff
Federated Hermes Inc. lifted its position in shares of Avis Budget Group, Inc. ( NASDAQ:CAR – Free Report ) by 6,220.
8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,034 shares of the business services provider’s stock after buying an additional 2,986 shares during the period. Federated Hermes Inc.
’s holdings in Avis Budget Group were worth $245,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. ING Groep NV raised its position in Avis Budget Group by 310.
4% in the fourth quarter. ING Groep NV now owns 325,000 shares of the business services provider’s stock valued at $26,198,000 after purchasing an additional 245,800 shares during the period. National Bank of Canada FI raised its holdings in shares of Avis Budget Group by 266.
7% in the 4th quarter. National Bank of Canada FI now owns 330,000 shares of the business services provider’s stock valued at $26,601,000 after buying an additional 240,000 shares during the period. Assenagon Asset Management S.
A. lifted its stake in Avis Budget Group by 139.9% during the 4th quarter.
Assenagon Asset Management S.A. now owns 379,805 shares of the business services provider’s stock worth $30,616,000 after acquiring an additional 221,456 shares in the last quarter.
Wealthfront Advisers LLC purchased a new position in Avis Budget Group during the 4th quarter valued at about $12,164,000. Finally, Wolverine Asset Management LLC grew its position in Avis Budget Group by 870.6% in the 4th quarter.
Wolverine Asset Management LLC now owns 162,771 shares of the business services provider’s stock valued at $13,121,000 after acquiring an additional 146,000 shares in the last quarter. Institutional investors and hedge funds own 96.35% of the company’s stock.
Avis Budget Group Stock Performance Shares of CAR opened at $84.59 on Friday. The company’s 50-day simple moving average is $73.
77 and its 200-day simple moving average is $84.62. Avis Budget Group, Inc.
has a 1 year low of $54.03 and a 1 year high of $132.25.
The stock has a market capitalization of $2.98 billion, a PE ratio of -1.63 and a beta of 2.
05. Insiders Place Their Bets In other Avis Budget Group news, Director Lynn Krominga sold 1,405 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $95.
00, for a total value of $133,475.00. Following the sale, the director now directly owns 1,950 shares of the company’s stock, valued at approximately $185,250.
This represents a 41.88 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link .
52.80% of the stock is owned by company insiders. About Avis Budget Group ( Free Report ) Avis Budget Group, Inc engages in the provision of vehicle sharing and rental services.
It operates through the following segments: Americas, International, and Corporate and Other. The Americas segment includes the vehicle rental and car sharing operations in North America, South America, Central America, and the Caribbean. Further Reading Want to see what other hedge funds are holding CAR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Avis Budget Group, Inc. ( NASDAQ:CAR – Free Report ). Receive News & Ratings for Avis Budget Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avis Budget Group and related companies with MarketBeat.
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