Brian Choi, CFO ofAvis Budget Group (CAR), recently picked up 23,735 shares. The buy set him back $1.09 million, and represents an initial stake in the company. This marks the first insider buy of the year. Insiders, largely led by a major holder, have been big buyers in the past year. Company executives have generally been light sellers, provided you go back to 2018 or 2019. The insider buy occurs as shares hit a 52-week high. Shares are up nearly nine-fold from their lows of last year, when a shutdown economy spelled big trouble for the car rental industry. Even with that big move...
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