Continued Insider Sales at Hertz Global Holdings, Inc. (HTZ), Recent Action at CBS Corporation (CBS)

Thus, despite the insider sales, the additional liquidity may have been absorbed by the Company as part of the buybacks.  There is more limited short interest in CBS Corporation (NYSE:CBS) versus Hertz, with 13.3 millions shares short as of the end of April, representing a short float of 2.34%.  The Company has a small dividend yield of .96%.

Final thoughts

Investors should continue to monitor insider sales of CBS Corporation (NYSE:CBS) and Hertz.  At this point, it appears that Hertz is performing well, but may be more likely short candidate than CBS.  By performing significant due diligence, investors may be able to determine whether the insiders are merely diversifying their risk with these sales, or whether there may be a short opportunity; continue learning about how to benefit from insider trading here.

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