SRS Investment Management, LLC, Director, 10% Owner at AVIS BUDGET GROUP, INC. (CAR), bought 486,326 shares at $30.80 ($15.3M) on 2020-08-17, disclosed to the SEC on 2020-08-19.
Open-market purchase of $15.3M CAR by Director, 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade C.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $30.80 | 67,816 | $2.1M | 13.6% |
| 2 | $30.80 | 67,816 | $2.1M | 13.6% |
| 3 | $31.47 | 132,847 | $4.2M | 27.3% |
| 4 | $31.47 | 132,847 | $4.2M | 27.3% |
| 5 | $32.84 | 42,500 | $1.4M | 9.1% |
| 6 | $32.84 | 42,500 |
| $1.4M |
| 9.1% |
| Total | $31.52 avg | 486,326 | $15.3M | 100% |
| Filing → |
| CAR | BUY | 2020-08-24 | $12.1M | — | Filing → |
| CAR | BUY | 2020-05-28 | $19.8M | — | Filing → |
| CAR | BUY | 2019-02-26 | $148.0M | — | Filing → |