Spinnaker Capital LLC, 10% Owner at CarGurus, Inc. (CARG), sold 120,734 shares at $49.44 ($6.0M) on 2018-08-29, disclosed to the SEC on 2018-08-30.
Scheduled sale ($6.0M) 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 | $49.44 | 35,367 | $1.7M | 29.2% |
| 2 | $49.44 | 35,367 | $1.7M | 29.2% |
| 3 | $49.81 | 50,000 | $2.5M | 41.6% |
| Total | $49.59 avg | 120,734 | $6.0M | 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 → |