Spinnaker Capital LLC, 10% Owner at CarGurus, Inc. (CARG), sold 1,698,450 shares at $32.22 ($54.9M) on 2018-05-30, disclosed to the SEC on 2018-06-01.
Scheduled sale ($54.9M) 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 | $32.22 | 773,379 | $24.9M | 45.4% |
| 2 | $32.22 | 773,379 | $24.9M | 45.4% |
| 3 | $33.18 | 75,846 | $2.5M | 4.6% |
| 4 | $33.18 | 75,846 | $2.5M | 4.6% |
| Total | $32.31 avg | 1,698,450 | $54.9M | 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 → |