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Cargurus Inc (CARG) CEO and Chairman Langley Steinert Sold $3.9 million of Shares

CEO and Chairman of Cargurus Inc (30-Year Financial, Insider Trades) Langley Steinert (insider trades) sold 117,406 shares of CARG on 09/06/2019 at an average price of $33.15 a share. The total sale was $3.9 million.

CarGurus Inc is an online automotive marketplace connecting buyers and sellers of new and used cars. It operates online marketplaces in Canada, the United Kingdom, and Germany. CarGurus Inc has a market cap of $3.78 billion; its shares were traded at around $33.87 with a P/E ratio of 89.09 and P/S ratio of 7.32. GuruFocus has detected 2 severe warning signs with CarGurus Inc. .

CEO Recent Trades:

  • CEO and Chairman, 10% Owner Langley Steinert sold 117,406 shares of CARG stock on 09/06/2019 at the average price of $33.15. The price of the stock has increased by 2.17% since.
  • CEO and Chairman, 10% Owner Langley Steinert sold 117,406 shares of CARG stock on 09/04/2019 at the average price of $32.03. The price of the stock has increased by 5.74% since.

CFO Recent Trades:

  • CFO and Treasurer Jason Trevisan sold 3,000 shares of CARG stock on 08/15/2019 at the average price of $30.95. The price of the stock has increased by 9.43% since.

Directors and Officers Recent Trades:

  • Director Anastasios Parafestas sold 20,000 shares of CARG stock on 09/06/2019 at the average price of $33.21. The price of the stock has increased by 1.99% since.
  • Director Anastasios Parafestas sold 6,283 shares of CARG stock on 09/04/2019 at the average price of $32.18. The price of the stock has increased by 5.25% since.
  • Director Anastasios Parafestas sold 35,000 shares of CARG stock on 08/30/2019 at the average price of $32.58. The price of the stock has increased by 3.96% since.
  • Director Anastasios Parafestas sold 20,000 shares of CARG stock on 08/28/2019 at the average price of $31.93. The price of the stock has increased by 6.08% since.
  • Director Anastasios Parafestas sold 13,098 shares of CARG stock on 08/26/2019 at the average price of $31.79. The price of the stock has increased by 6.54% since.

For the complete insider trading history of CARG, click here

.This article first appeared on GuruFocus.