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Cargurus Inc (CARG) CEO and Chairman Langley Steinert Sold $4 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 08/06/2019 at an average price of $33.83 a share. The total sale was $4 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 $3.67 billion; its shares were traded at around $33.00 with a P/E ratio of 54.15 and P/S ratio of 7.63. GuruFocus has detected 1 severe warning sign with CarGurus Inc. .

CEO Recent Trades:

  • CEO and Chairman, 10% Owner Langley Steinert sold 117,406 shares of CARG stock on 08/06/2019 at the average price of $33.83. The price of the stock has decreased by 2.45% since.
  • CEO and Chairman, 10% Owner Langley Steinert sold 117,406 shares of CARG stock on 08/02/2019 at the average price of $36.69. The price of the stock has decreased by 10.06% since.
  • CEO and Chairman, 10% Owner Langley Steinert sold 130,456 shares of CARG stock on 07/10/2019 at the average price of $36.36. The price of the stock has decreased by 9.24% since.

CFO Recent Trades:

  • CFO and Treasurer Jason Trevisan sold 5,000 shares of CARG stock on 07/15/2019 at the average price of $37.74. The price of the stock has decreased by 12.56% since.

Directors and Officers Recent Trades:

  • Director Anastasios Parafestas sold 15,000 shares of CARG stock on 08/02/2019 at the average price of $35.84. The price of the stock has decreased by 7.92% since.
  • Director Anastasios Parafestas sold 55,000 shares of CARG stock on 08/01/2019 at the average price of $37.4. The price of the stock has decreased by 11.76% since.
  • Director Anastasios Parafestas sold 80,000 shares of CARG stock on 07/30/2019 at the average price of $36.85. The price of the stock has decreased by 10.45% since.
  • Director Anastasios Parafestas sold 75,900 shares of CARG stock on 07/26/2019 at the average price of $36.57. The price of the stock has decreased by 9.76% since.
  • Director Anastasios Parafestas sold 111,400 shares of CARG stock on 07/24/2019 at the average price of $35.65. The price of the stock has decreased by 7.43% since.

For the complete insider trading history of CARG, click here

.This article first appeared on GuruFocus.