HTZ - W. Gilbert West's Recent Buy: Acquires $1.11M In Hertz Global Holdings Stock | Benzinga
A significant insider buy by W. Gilbert West, CEO at Hertz Global Holdings (NASDAQ:HTZ), was executed on May 1, and reported in the recent SEC filing.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, West increased their investment in Hertz Global Holdings by purchasing 250,000 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $1,114,100.
The latest update on Thursday morning shows Hertz Global Holdings shares up by 8.95%, trading at $4.87.
All You Need to Know About Hertz Global Holdings
Hertz Global Holdings Inc is engaged in the vehicle rental and leasing business and operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and other services. Its operating segments and organized are based on the products and services provided and the geographic areas as :Americas RAC -which derives maximum revenue, includes Rental of vehicles, as well as sales of value-added services, in the U.S., Canada, Latin America and the Caribbean; and International RAC - Rental of vehicles, as well as sales of value-added services, in locations other than the U.S., Canada, Latin America and the ...