CENDANT CORP

CENDANT CORP

CIK 723612 · Ver en SEC EDGAR ↗

Insider

Primera presentación ante la SEC: 25 de agosto de 2011 · Último: 25 de agosto de 2011

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Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental, and Zipcar.

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Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental, and Zipcar.

The company also operates several smaller, regional brands including ACL Hire, Apex Car Rentals, AmicoBlu, France Cars, Maggiore Group, MoriniRent, TurisCar and TurisPrime.

It is one of the three big rental car holding companies in the United States. In 2021, it held a 26% market share, placing it behind both the Hertz Global Holdings and Enterprise Holdings.

## History

Following the decision to dissolve the Cendant company name and split into four separate companies, the vehicle rental division of Cendant became Avis Budget Group in 2006.

In 2011, Avis Budget Group acquired Avis Europe, an independently owned company licensee, globally reuniting the Avis and Budget brands.

On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand.

On March 14, 2013, Avis Budget Group purchased carsharing company Zipcar for about US$500 million in cash.

On April 9, 2015, Avis Budget Group announced it had completed the acquisition of Maggiore Group, Italy's fourth-largest vehicle rental company.

During 2018 Avis along with 90 additional Fortune 500 companies "paid an effective federal tax rate of 0% or less" as a result of Donald Trump´s Tax Cuts and Jobs Act of 2017.

The company's stock value rose dramatically due to increased demand for car rentals during the COVID-19 pandemic and it became a meme stock in November 2021, with shares at one point doubling in a single day. Despite rising revenues, the value of the stock began to decline in 2024 due to rising federal interest rates and declining values for used cars.

Fuente: Wikipedia (Inglés), CC BY-SA 4.0 · Ver en Wikipedia ↗

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Transacciones de información privilegiada

0 compras (P) 0 ventas (S) Neto: $0 + 6 transacciones fuera de mercado por debajo últimos 12 meses, basado en las transacciones que se muestran a continuación

Cambio de precio frente a la cotización actual, ajustado por división para acciones corporativas desde la presentación, no comparado con índice de referencia, no anualizado, no ponderado por tamaño

6 presentaciones adicionales ocultas
Fecha Ticker Código Acciones Precio Valor Poseído después Δ propio A/D vs ahora
20 de enero de 2004 CAR S 2 300 000 $4,75 $10 925 000 11 431 503 Indirecto -16,75% Enajenado 1732,2% (precio al 2026-08-19)
17 de diciembre de 2003 CAR P 3 400 000 3 400 000 Indirecto Adquirido (precio al 2026-08-19)
17 de diciembre de 2003 CAR S 3 400 000 $3,33 $11 322 000 13 731 503 Indirecto -19,85% Enajenado 2513,5% (precio al 2026-08-19)
17 de diciembre de 2003 CAR S 1 000 000 $3,70 $3 700 000 17 131 503 Indirecto -5,52% Enajenado 2252,2% (precio al 2026-08-19)

P = Compra en mercado abierto · S = Venta · A = Concesión/premio · M = Ejercicio de opción · G = Regalo · F = Retención de impuestos

Las transacciones de información privilegiada no son una recomendación; las ventas a menudo se deben a motivos de liquidez o fiscales.

Posesiones de derivados (Formulario 4 Tabla II)

Opciones, RSUs y valores convertibles reportados en el Formulario 4 Tabla II.

Fecha Ticker Valor Subyacente Precio de ejercicio Vencimiento Acciones A/D
17 de diciembre de 2003 CAR Capped share appreciation rights option (SAR) Common Stock (3 400 000) 3 400 000 Adquirido

El precio de ejercicio/conversión está en blanco cuando no aplica (p. ej., RSUs).

Propiedad inicial (Formulario 3) 5 tenencias

Valores poseídos al convertirse por primera vez en un insider, según el Formulario 3 de la SEC.

Fecha Ticker Valor Acciones Propiedad
25 de agosto de 2011 CAR Common Stock 1 000 000 Directo
25 de agosto de 2011 CAR Warrant (right to buy)→ Common Stock (600 000) 600 000 Directo
13 de julio de 2006 CAR Common Stock Directo
13 de julio de 2006 CAR Common Stock Directo
18 de enero de 2005 CAR Common Stock Directo