Avis Budget Group, Inc. $CAR Shares Bought by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. significantly increased its holdings in Avis Budget Group (NASDAQ:CAR) by 40.3% in the fourth quarter, now owning 539,395 shares valued at approximately $69.2 million. Pentwater Capital Management L also boosted its stake, purchasing 425,000 shares for over $40 million. This comes as analysts have recently trimmed price targets and ratings for Avis Budget Group, with a consensus "Reduce" rating and a target price of $124.71.
https://www.marketbeat.com/instant-alerts/filing-avis-budget-group-inc-car-shares-bought-by-assenagon-asset-management-sa-2026-03-25/