Hertz Global Holdings, Inc (NYSE:HTZ) SVP Robin Kramer sold 3,524 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $21.53, for a total transaction of $75,871.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Hertz Global Holdings, Inc (NYSE:HTZ) traded down 1.91% during midday trading on Friday, reaching $20.57. 11,110,987 shares of the company were exchanged. The company’s market capitalization is $1.72 billion. Hertz Global Holdings, Inc has a 52-week low of $17.20 and a 52-week high of $49.86. The company has a 50 day moving average of $23.02 and a 200-day moving average of $22.55.

Hertz Global Holdings (NYSE:HTZ) last released its quarterly earnings data on Tuesday, August 8th. The transportation company reported ($0.63) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.51). The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.22 billion. Hertz Global Holdings had a negative return on equity of 10.27% and a negative net margin of 8.96%. The company’s revenue was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS. On average, equities research analysts anticipate that Hertz Global Holdings, Inc will post ($1.52) earnings per share for the current fiscal year.

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Hedge funds have recently made changes to their positions in the company. BlueCrest Capital Management Ltd purchased a new position in shares of Hertz Global Holdings in the second quarter valued at $147,000. Suntrust Banks Inc. increased its position in shares of Hertz Global Holdings by 2.2% in the second quarter. Suntrust Banks Inc. now owns 13,107 shares of the transportation company’s stock valued at $150,000 after buying an additional 285 shares in the last quarter. Segantii Capital Management Ltd purchased a new position in shares of Hertz Global Holdings in the first quarter valued at $167,000. Nisa Investment Advisors LLC purchased a new position in shares of Hertz Global Holdings in the first quarter valued at $174,000. Finally, OLD Mutual Customised Solutions Proprietary Ltd. increased its position in shares of Hertz Global Holdings by 146.0% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 9,940 shares of the transportation company’s stock valued at $174,000 after buying an additional 5,900 shares in the last quarter.

HTZ has been the subject of several research analyst reports. MKM Partners reaffirmed a “buy” rating and issued a $22.00 price objective on shares of Hertz Global Holdings in a research report on Thursday, August 10th. BidaskClub raised shares of Hertz Global Holdings from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th. Morgan Stanley lowered shares of Hertz Global Holdings from an “equal weight” rating to an “underweight” rating and raised their price target for the stock from $12.00 to $14.00 in a research report on Thursday. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Hertz Global Holdings in a research report on Thursday, September 7th. Finally, Deutsche Bank AG set a $14.00 price target on shares of Hertz Global Holdings and gave the stock a “hold” rating in a research report on Wednesday, August 9th. Six analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $16.86.

About Hertz Global Holdings

Herc Holdings Inc, formerly Hertz Global Holdings, Inc, is a holding company. The Company is engaged principally in the business of renting and leasing of cars through its Hertz, Dollar, Thrifty and Firefly brands, and equipment through its Hertz Equipment Rental brand. It operates through four segments: U.S.

Insider Buying and Selling by Quarter for Hertz Global Holdings (NYSE:HTZ)

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