How Hertz Global Holdings, Inc. (HTZ) Is Trading Compared to Moving Averages?

Hertz Global Holdings, Inc. (NYSE:HTZ) is at least 145.77% than its current record low price of $8.52. There was a -17.53% decline on 11/07/2017 that led the price to move at $20.94. At recent session, the prices were hovering between $19.9 and $24.98. This company shares are -0.76% up from its target price of $20.78 and the current market capitalization stands at $1.74B. The recent change has given its price a -10.99% deficit over SMA 50 and -41.43% deficit over its 52-week high. The stock witnessed -19.43% declines, 19.18% gains and 67.79% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found HTZ’s volatility during a week at 8.92% and during a month it has been found around 5.16%.

Hertz Global Holdings, Inc. (HTZ) Top Holders

Institutional investors currently hold around $2.68 billion or 0% in HTZ stock. Look at its top three institutional owners. Icahn Carl C owns $743.01 million in Hertz Global Holdings, Inc., which represents roughly 42.7% of the company’s market cap and approximately 27.72% of the institutional ownership. Similar statistics are true for the second largest owner, Par Capital Management Inc, which owns 5,888,576 shares of the stock are valued at $149.51 million. The third largest holder is Glenview Capital Management, Llc, which currently holds $145.1 million worth of this stock and that ownership represents nearly 8.34% of its market capitalization.

Hertz Global Holdings, Inc. 13F Filings

At the end of 06/30/2017 reporting period, 113 institutional holders increased their position in Hertz Global Holdings, Inc. (NYSE:HTZ) by some 28,432,497 shares, 105 decreased positions by 9,333,729 and 23 held positions by 67,802,035. That puts total institutional holdings at 105,568,261 shares, according to SEC filings. The stock grabbed 45 new institutional investments totaling 6,839,239 shares while 49 institutional investors sold out their entire positions totaling 5,343,036 shares.

Hertz Global Holdings, Inc. (NYSE:HTZ) Insider Trades

Multiple company employees have indulged in significant insider trading. Hertz Global Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Sr VP, ChiefAccountingOfficer Kramer Robin has sold 3,524 shares of Hertz Global Holdings, Inc. (HTZ) in trading session dated Sep. 14, 2017. These shares are worth $75,872 and were traded at $21.53 each. The SEC filing shows that Durham Michael J performed a sale of 125 shares. The Director disposed these shares by way of transaction on Dec. 15, 2016. The company’s shares were given away at $23.06 per share worth to an income of some $2,883 on account of Durham Michael J.

Director, Durham Michael J, sold 125 common shares of Hertz Global Holdings, Inc. (HTZ) in the open market. In a transaction dated Nov. 15, 2016, the shares were put up for sale at an average price of $27.29, raking in a sum of $3,411. After this sale, 20,362 common shares of HTZ are directly owned by the insider, with total stake valued at $426,380.

In the transaction dated Nov. 14, 2016, the great number of shares acquired came courtesy the Senior Executive VP & CFO; Kennedy Thomas C added a total of 10,000 shares at an average price of $28.05, amounting to approximately $280,500. The insider now directly owns 31,200 shares worth $653,328.

Hertz Global Holdings, Inc. (HTZ) Analyst Guide

Several analysts have released their opinion on Hertz Global Holdings, Inc. (NYSE:HTZ), with 0 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 2 strong sell ratings, collectively assigning a 3.8 average brokerage recommendation.

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