"CAR" refers to Avis Budget Group, Inc., a U.S.-based company providing vehicle rental and leasing services.1
Recent developments for Avis Budget Group (CAR) include:
- Analyst Downgrades: In early August 2025, both JP Morgan and Goldman Sachs downgraded their outlooks for CAR. JP Morgan moved from Overweight to Neutral, while Goldman Sachs shifted from Neutral to Sell.2
- CFO Transition: Avis Budget Group announced the appointment of Daniel Cunha as Chief Financial Officer, effective July 1, 2025. He replaced Izzy Martins, who departed the company on June 30, 2025.3
As of August 6, 2025, the share price for CAR on NasdaqGS was $156.51, with a market capitalization of $5.51 billion.4 The stock has seen an increase of 80.04% over the year prior to August 7, 2025.1
From an ownership perspective, Avis Budget Group has 580 institutional owners, holding a total of over 41.6 million shares.1 The institutional ownership structure, including major shareholders like SRS Investment Management, LLC, and Vanguard Group Inc., can be further explored on Fintel's platform.1
Additionally, CAR has a notable short interest. As of a recent NASDAQ report, short interest stood at 7,575,311 shares, representing 52.92% of the float, with a short interest ratio of 6.64 days to cover.5 This high short interest percentage could be a point of interest for those monitoring potential short squeeze dynamics.
For a deeper dive into CAR's financials, institutional ownership, options flow, and short interest data, you can explore the dedicated pages for Avis Budget Group, Inc. on Fintel.
