What Are Insiders Doing With Shares of Their Firm: Avis Budget Group, Inc. (NASDAQ:CAR)

As of the latest SEC filings, insiders at Avis Budget Group, Inc. (NASDAQ:CAR) have decreased their position in the stock by -31.47% over the past 6 months..  Insiders now own 1.20% of total outstanding shares.

TECHNICAL INDICATORS

Avis Budget Group, Inc. (NASDAQ:CAR) stands -16.24% away from its 50-day simple moving average and also 0.93% away from the 200-day average.  Recently, the equity stands -23.61% away from the 52-week high and 56.40% from the 52-week low.  The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 18.04.

RECOMMENDATIONS

The consensus analysts recommendation at this point stands at 2.30 for Avis Budget Group, Inc..  This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. Further, analysts have a 12 month target price of $42.10 on company shares.  This is according to the analysts polled by Thomson Reuters which have recently published research reports on the firm. 

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