Avis Budget Group Stock Surges 2.01% on 146.33% Volume Spike Despite Executive Sale Ranked 485th in Trading Activity
Avis Budget Group (CAR) saw a 2.01% rise in its stock price on August 18, 2025, with a trading volume of $190 million—a 146.33% increase from the previous day—ranking it 485th in volume among listed companies.
Insider activity highlighted Avis’ shares as Eric Linnen, Executive Vice President of Avis Budget GroupCAR--, sold $1.56 million in company stock on the same day. The transaction, disclosed in a regulatory filing, reflects a significant move by a senior executive but does not directly correlate with the stock’s upward trajectory.
A backtested strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day from 2022 to present yielded a total profit of $10,720. The returns showed steady growth with intermittent fluctuations tied to broader market conditions.
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