Spinnaker Capital LLC, 10% Owner at CarGurus, Inc. (CARG), sold 492,746 shares at $31.41 ($15.5M) on 2018-05-25, disclosed to the SEC on 2018-05-30.
Scheduled sale ($15.5M) by 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $31.41 | 170,202 | $5.3M | 34.4% |
| 2 | $31.41 | 170,202 | $5.3M | 34.4% |
| 3 | $31.68 | 76,171 | $2.4M | 15.6% |
| 4 | $31.68 | 76,171 | $2.4M | 15.6% |
| Total | $31.49 avg | 492,746 | $15.5M | 100% |
| Filing → |
| CARG | SELL | 2018-10-17 | $4.2M | — | Filing → |
| CARG | SELL | 2018-10-15 | $4.2M | — | Filing → |
| CARG | SELL | 2018-10-11 | $4.5M | — | Filing → |