Trade Summary
1 week ago, Pentwater Capital Management LP, serving as 10% owner at Avis Budget Group, Inc. (CAR), purchased 425,000 shares at $94.26 per share, for a total transaction value of $40,060,075.00. Following this transaction, Pentwater Capital Management LP now holds 8,059,400 shares of CAR.
This purchase represents a 6.00% increase in Pentwater Capital Management LP's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, February 20, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, February 24, 2026, 4 days after the trade was made.
Avis Budget Group, Inc. operates in the INDUSTRIALS sector, specifically within the RENTAL & LEASING SERVICES industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
