Car rental giant Hertz Global surged 12.6 percent Tuesday after reports that both the CEO and CFO bought shares of the company.
Chief Executive Officer John Tague reported the purchase of 66,000 shares of Hertz stock. Those purchases were made on last Friday and Monday, according to an SEC filing.
Chief Financial Officer Thomas Kennedy acquired 40,000 shares and Chief Revenue Officer Foland Jeffrey purchased 65,000 shares. Both transactions were made on Monday.