Hertz Global Holdings Inc (HTZ) Files Form 4 Insider Buying : Jeffrey T. Foland Buys 65,000 Shares

Hertz Global Holdings Inc (HTZ): Jeffrey T. Foland , Sr Ex VP, Chief Revenue Office of Hertz Global Holdings Inc purchased 65,000 shares on May 13, 2016. The Insider buying transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.63 per share for a total value of $495,950.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 4, 2016, Daniel A Ninivaggi (director) purchased 2,500 shares at $9.89 per share price.On Mar 2, 2016, Michel Taride (Group President RAC Internatio) sold 164,080 shares at $14.30 per share price.Also, On Aug 17, 2015, John P Tague (CEO) purchased 50,000 shares at $18.06 per share price.On Aug 17, 2015, Thomas J Jr Sabatino (Sr Ex VP, Chief Admin and GC) purchased 15,000 shares at $18.05 per share price.

Hertz Global Holdings Inc (HTZ) witnessed a volatile trading activity on Monday May 16, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $7.75 and reached the intraday high at $7.88. The bulls started the profit booking and pushed the shares to intraday low of $7.61. The trading session was marked by a volume range of 1,11,02,143 shares exchanging hands. The 52-week high of the shares is $21.31 and the 52-week low is $6.945. The market cap of the company stands at $3,268 M and there are 42,44,18,100 shares in public circulation.

Hertz Global Holdings Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Hertz Global Holdings Inc is Downgraded by Credit Suisse to Neutral. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 12, 2016.Hertz Global Holdings Inc is Reiterated by MKM Partners to Buy while Lowering the Price Target of the company shares to $ 16 from a previous price target of $17 . The Rating was issued on Apr 11, 2016.Hertz Global Holdings Inc is Initiated by Sterne Agee CRT to Neutral. The Rating was issued on Mar 22, 2016.Hertz Global Holdings Inc is Reiterated by MKM Partners to Buy while Lowering the Price Target of the company shares to $ 17 from a previous price target of $18 . The Rating was issued on Mar 2, 2016.Hertz Global Holdings Inc is Reiterated by Deutsche Bank to Buy while Lowering the Price Target of the company shares to $ 18 from a previous price target of $26 . The Rating was issued on Feb 22, 2016.

Hertz Global Holdings Inc. is a holding company. The Company operates car rental business through its Hertz Dollar Thrifty and Firefly brands. The Company’s operating segments are U.S. Car Rental International Car Rental Worldwide Equipment Rental and All Other Operations. As of December 31 2014 the Company operated 10880 corporate and franchisee locations in North America Europe Latin and South America Asia Australia Africa the Middle East and New Zealand. Its brands maintain separate airport counters reservations and reservation systems marketing and all other customer contact activities. Its Hertz brand has approximately 9395 corporate and franchisee locations in 145 countries. Its Dollar and Thrifty brands combined have approximately 1380 corporate and franchisee locations in 77 countries and Firefly brand has approximately 105 corporate and franchisee locations in 12 countries. Its equipment rental business is operated through the Hertz Equipment Rental brand.

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