CarGurus (NASDAQ:CARG) VP Oliver Ian Chrzan sold 1,472 shares of the firm’s stock in a transaction that occurred on Monday, June 11th. The shares were sold at an average price of $35.00, for a total transaction of $51,520.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Oliver Ian Chrzan also recently made the following trade(s):

  • On Friday, June 8th, Oliver Ian Chrzan sold 28,528 shares of CarGurus stock. The shares were sold at an average price of $34.72, for a total transaction of $990,492.16.
  • On Friday, June 1st, Oliver Ian Chrzan sold 6,000 shares of CarGurus stock. The shares were sold at an average price of $32.65, for a total transaction of $195,900.00.
  • On Friday, May 25th, Oliver Ian Chrzan sold 6,000 shares of CarGurus stock. The shares were sold at an average price of $30.99, for a total transaction of $185,940.00.
  • On Friday, May 18th, Oliver Ian Chrzan sold 6,000 shares of CarGurus stock. The shares were sold at an average price of $32.03, for a total transaction of $192,180.00.
  • On Friday, May 4th, Oliver Ian Chrzan sold 6,000 shares of CarGurus stock. The shares were sold at an average price of $30.49, for a total transaction of $182,940.00.
  • On Friday, April 27th, Oliver Ian Chrzan sold 6,000 shares of CarGurus stock. The shares were sold at an average price of $30.59, for a total transaction of $183,540.00.
  • On Friday, April 20th, Oliver Ian Chrzan sold 6,000 shares of CarGurus stock. The shares were sold at an average price of $32.92, for a total transaction of $197,520.00.

Shares of CarGurus traded down $0.45, reaching $35.34, during mid-day trading on Thursday, according to MarketBeat.com. 1,320,383 shares of the company’s stock were exchanged, compared to its average volume of 487,310. The firm has a market cap of $3.73 billion and a PE ratio of 294.67. CarGurus has a 52-week low of $25.85 and a 52-week high of $40.60.

CarGurus (NASDAQ:CARG) last announced its earnings results on Thursday, May 3rd. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The business had revenue of $98.70 million for the quarter, compared to analysts’ expectations of $94.15 million. The business’s revenue was up 47.3% compared to the same quarter last year. analysts expect that CarGurus will post 0.11 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of CARG. Arrowstreet Capital Limited Partnership acquired a new stake in shares of CarGurus during the fourth quarter worth $271,000. A.R.T. Advisors LLC acquired a new stake in CarGurus in the first quarter valued at $290,000. Skye Global Management LP acquired a new stake in CarGurus in the first quarter valued at $308,000. Millennium Management LLC acquired a new stake in CarGurus in the first quarter valued at $499,000. Finally, Verition Fund Management LLC acquired a new stake in CarGurus in the first quarter valued at $518,000. 50.56% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently weighed in on CARG shares. DA Davidson raised shares of CarGurus from a “neutral” rating to a “buy” rating and set a $41.00 target price on the stock in a report on Tuesday, May 1st. They noted that the move was a valuation call. Zacks Investment Research cut shares of CarGurus from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Benchmark started coverage on shares of CarGurus in a report on Thursday, March 22nd. They issued a “buy” rating and a $42.00 target price on the stock. BidaskClub raised shares of CarGurus from a “hold” rating to a “buy” rating in a report on Thursday, February 22nd. Finally, ValuEngine cut shares of CarGurus from a “hold” rating to a “sell” rating in a report on Tuesday, May 1st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $35.80.

CarGurus Company Profile

CarGurus, Inc operates an online automotive marketplace connecting buyers and sellers of new and used cars worldwide. The company's marketplace enables users with third-party validation on pricing, dealer reputation, and other information. As of June 30, 2017, it had an active dealer network of approximately 40,000 dealers; and approximately 5.4 million car listings.

Insider Buying and Selling by Quarter for CarGurus (NASDAQ:CARG)

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