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  • AVIS BUDGET GROUP Profile

    Whether you're a business traveler on an expense account or you're on a family vacation and you're counting every penny, Avis Budget Group has a car rental brand for you. The company's Avis Rent A Car unit, which targets corporate and leisure travelers at the high end of the market, has 2,200 locations in the Americas and the Asia/Pacific region. Budget Rent A Car, marketed to those who watch costs closely, rents cars from 1,900 locations in the same regions and trucks from 2,800 dealers in the US. Avis Budget Group, formerly known as Cendant, changed its name in 2006 after spinning off its hotel operations (Wyndham Worldwide) and its real estate division (Realogy) and selling its travel unit (Travelport).
    Ronald L. Nelson
    CEO
    6 Sylvan Way

    Parsippany, NJ 07054

    http://www.avisbudgetgroup.com

    Phone: 973-496-3500

    Fax: 888-304-2315
    Sector: Services Industry: Diversified Services
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2007 Employees
    $5,986,000,000 5.2% $-916,000,000 30,000
  • Key Executives: CAR

    Name Title Officer Since
    Ronald L. Nelson CEO 8/23/06
    F. Robert Salerno COO 8/23/06
    David B. Wyshner CFO -
    Brett D. Weinblatt Chief Accounting Officer -
    Karen C. Sclafani General Counsel -
    Mark J. Servodidio Executive VP -
    Larry De Shon Executive VP, Divisional -
    John D. Hardy, Jr. Director 4/2/08
  • Top Competitors: CAR

  • Insider Trends: CAR

    Sentiment for CAR is POSITIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: CAR

    Date Name Shares Transaction Type Market Value
    05/08/08 COLEMAN LEONARD S JR 1,528 Award of Stock Options $20,307.12
    05/08/08 EDELMAN MARTIN L 1,250 Award of Stock Options $16,612.50
    05/08/08 KROMINGA LYNN 1,340 Award of Stock Options $17,808.60
  • Ownership Breakdown : CAR

    Large Block Holder Type Number  
    Institutions 300.00
     
    Mutual Fund 430.00
    Other Major 13.00
  • Short Interest Volume: CAR

    Data as of 6/25/08
    Current Short Interest Shares 301.99 M
    Current Short Interest Ratio 4.70
    Float 100.82 M
    Short Interest as % of Float 7.80
    Average Daily Volume 3.25 M
    Outstanding Shares 101.09 M