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Cargurus Inc (CARG) CEO and Chairman Langley Steinert Sold $3.8 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 09/04/2019 at an average price of $32.03 a share. The total sale was $3.8 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 $3.69 billion; its shares were traded at around $33.06 with a P/E ratio of 86.95 and P/S ratio of 7.13. 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 09/04/2019 at the average price of $32.03. The price of the stock has increased by 3.22% since.
  • CEO and Chairman, 10% Owner Langley Steinert sold 13,050 shares of CARG stock on 08/09/2019 at the average price of $32.51. The price of the stock has increased by 1.69% since.
  • CEO and Chairman, 10% Owner Langley Steinert sold 117,406 shares of CARG stock on 08/08/2019 at the average price of $32.79. The price of the stock has increased by 0.82% 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 6.82% since.

Directors and Officers Recent Trades:

  • 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 2.73% 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 1.47% 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 3.54% 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 3.99% since.
  • General Counsel and Secretary Kathleen Bender Patton sold 3,898 shares of CARG stock on 08/23/2019 at the average price of $31.5. The price of the stock has increased by 4.95% since.

For the complete insider trading history of CARG, click here

.This article first appeared on GuruFocus.