Insider Trading: Yelp Inc. (YELP)’s director Geoffrey Donaker Sold 6,000 shares; Shorts at Avis Budget Group (CAR) Lowered By 6.37%

Avis Budget Group, Inc. (NASDAQ:CAR) Logo

Avis Budget Group Inc (NASDAQ:CAR) had a decrease of 6.37% in short interest. CAR’s SI was 20.50 million shares in April as released by FINRA. Its down 6.37% from 21.89M shares previously. With 2.42M avg volume, 9 days are for Avis Budget Group Inc (NASDAQ:CAR)’s short sellers to cover CAR’s short positions. The SI to Avis Budget Group Inc’s float is 37.75%. The stock increased 1.04% or $0.5 during the last trading session, reaching $48.56. About 5.52 million shares traded or 127.67% up from the average. Avis Budget Group, Inc. (NASDAQ:CAR) has risen 66.28% since April 27, 2017 and is uptrending. It has outperformed by 54.73% the S&P500.

Avis Budget Group, Inc. (NASDAQ:CAR) Ratings Coverage

Among 12 analysts covering Avis Budget (NASDAQ:CAR), 7 have Buy rating, 2 Sell and 3 Hold. Therefore 58% are positive. Avis Budget had 38 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Avis Budget Group, Inc. (NASDAQ:CAR) earned “Equal-Weight” rating by Barclays Capital on Wednesday, November 1. The firm has “Equal-Weight” rating given on Thursday, February 25 by Barclays Capital. The firm has “Equal-Weight” rating given on Monday, February 22 by Barclays Capital. The rating was maintained by Barclays Capital with “Equal Weight” on Wednesday, August 5. The firm has “Buy” rating given on Friday, February 23 by Deutsche Bank. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, November 8. The stock of Avis Budget Group, Inc. (NASDAQ:CAR) earned “Equal Weight” rating by Barclays Capital on Monday, November 16. The stock of Avis Budget Group, Inc. (NASDAQ:CAR) earned “Buy” rating by M Partners on Thursday, February 25. Goldman Sachs initiated Avis Budget Group, Inc. (NASDAQ:CAR) rating on Monday, October 24. Goldman Sachs has “Neutral” rating and $30 target. The rating was downgraded by Northcoast on Wednesday, April 11 to “Hold”.

Investors sentiment increased to 0.7 in 2017 Q4. Its up 0.12, from 0.58 in 2017Q3. It is positive, as 39 investors sold Avis Budget Group, Inc. shares while 78 reduced holdings. 36 funds opened positions while 46 raised stakes. 100.88 million shares or 8.81% less from 110.63 million shares in 2017Q3 were reported. Great West Life Assurance Can has invested 0.01% in Avis Budget Group, Inc. (NASDAQ:CAR). Ww Asset Mngmt reported 5,968 shares or 0.01% of all its holdings. Credit Suisse Ag accumulated 0.01% or 279,084 shares. Oregon Employees Retirement Fund holds 0.02% of its portfolio in Avis Budget Group, Inc. (NASDAQ:CAR) for 31,054 shares. Geode Management Ltd Liability stated it has 0.01% in Avis Budget Group, Inc. (NASDAQ:CAR). Pzena Investment Ltd Co holds 1.66M shares or 0.36% of its portfolio. Meyer Handelman holds 0.2% or 96,925 shares. Cna reported 24,839 shares. Bbr Prtn Llc has 0.08% invested in Avis Budget Group, Inc. (NASDAQ:CAR). Assetmark Inc holds 41 shares. Ing Groep Nv holds 10,812 shares. Comerica Bank & Trust has 57,463 shares for 0.02% of their portfolio. Renaissance Ltd Llc has invested 0.01% in Avis Budget Group, Inc. (NASDAQ:CAR). Gradient Invs Lc has 0% invested in Avis Budget Group, Inc. (NASDAQ:CAR). The Florida-based Dreman Value Management L L C has invested 0.04% in Avis Budget Group, Inc. (NASDAQ:CAR).

Since October 30, 2017, it had 1 buying transaction, and 1 insider sale for $140.91 million activity. 25,000 shares were sold by De Shon Larry D, worth $1.05 million. The insider SRS Investment Management – LLC bought 3.50 million shares worth $141.96 million.

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and clients worldwide. The company has market cap of $3.95 billion. The firm operates through two divisions, Americas and International. It has a 11.43 P/E ratio. It operates the Avis brand car rental system with approximately 5,550 locations that supply rental cars to the premium commercial and leisure divisions of the travel industry; the Budget brand vehicle rental system with approximately 4,050 car rental locations, which serve the value-conscious divisions of the industry; and the Zipcar brand, a membership car sharing network that provides vehicles to approximately 1 million members.

The stock increased 1.85% or $0.81 during the last trading session, reaching $44.65. About 996,087 shares traded. Yelp Inc. (NYSE:YELP) has risen 27.04% since April 27, 2017 and is uptrending. It has outperformed by 15.49% the S&P500.

Since December 12, 2017, it had 0 buys, and 27 insider sales for $10.54 million activity. On Tuesday, December 12 the insider Donaker Geoffrey L sold $246,540. Nachman Joseph R sold $606,676 worth of stock or 14,500 shares. Shares for $533,144 were sold by Stoppelman Jeremy.

On April 26, 2018, the director of Yelp Inc, Mr. Geoffrey Donaker, sold a substantial number of company shares – 6,000, amounting to $265,555 US Dollars, calculated based on $44.3 a share. He also unloaded 24,000 shares valued at $1,020,062 USD in the last month. This sell was pretty sizable one, so clearly it won’t go undiscovered. Right now, he owns 6,055 shares or about 0.01% of Yelp Inc’s market capitalization. Geoffrey finished this deal on April 26, 2018. The filing is on hand for review here at the U.S. Security and Exchange Commission website.

Investors sentiment increased to 1.33 in Q4 2017. Its up 0.48, from 0.85 in 2017Q3. It increased, as 37 investors sold Yelp Inc. shares while 49 reduced holdings. 44 funds opened positions while 70 raised stakes. 60.57 million shares or 0.90% more from 60.04 million shares in 2017Q3 were reported. Balyasny Asset Ltd Liability Corporation invested in 27,964 shares or 0% of the stock. Manufacturers Life Insur The has invested 0% of its portfolio in Yelp Inc. (NYSE:YELP). D E Shaw And has 0.21% invested in Yelp Inc. (NYSE:YELP) for 3.58 million shares. Proshare Advisors Ltd Company holds 12,223 shares or 0% of its portfolio. Engineers Gate Manager L P reported 24,276 shares. Sei Investments holds 480,597 shares. Oppenheimer & holds 0.01% in Yelp Inc. (NYSE:YELP) or 9,274 shares. Blackrock Incorporated has 5.53M shares for 0.01% of their portfolio. Ubs Asset Management Americas, Illinois-based fund reported 55,469 shares. Smith Thomas W stated it has 241,480 shares. Eaton Vance has invested 0.01% in Yelp Inc. (NYSE:YELP). Renaissance Technology Lc has 1.15 million shares. Suntrust Banks Inc stated it has 6,049 shares or 0% of all its holdings. Us Retail Bank De has invested 0% in Yelp Inc. (NYSE:YELP). Gsa Cap Prns Limited Liability Partnership reported 13,002 shares stake.

Analysts await Yelp Inc. (NYSE:YELP) to report earnings on May, 8. They expect $-0.06 EPS, 0.00% or $0.00 from last year’s $-0.06 per share. After $-0.09 actual EPS reported by Yelp Inc. for the previous quarter, Wall Street now forecasts -33.33% EPS growth.

Avis Budget Group, Inc. (NASDAQ:CAR) Institutional Positions Chart