Insider Selling: CarGurus, Inc. (CARG) VP Sells 270,793 Shares of Stock

CarGurus, Inc. (NASDAQ:CARG) VP Oliver Ian Chrzan sold 270,793 shares of CarGurus stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $14.88, for a total value of $4,029,399.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

CarGurus, Inc. (NASDAQ CARG) traded up 3.10% during midday trading on Friday, hitting $30.96. The company had a trading volume of 299,499 shares. The firm has a 50-day moving average price of $28.88 and a 200-day moving average price of $28.88. CarGurus, Inc. has a 12 month low of $25.85 and a 12 month high of $35.00. The company’s market cap is $2.39 billion.

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About CarGurus

CarGurus, Inc is an online automotive marketplace connecting buyers and sellers of new and used cars. Using proprietary technology, search algorithms, and data analytics. The Company’s marketplace empowers users with unbiased third-party validation on pricing and dealer reputation as well as other information that aids them in finding Great Deals from Great Dealers.

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