The shares were sold at an average price of $37.49, for a total value of $75,279.92. Following the sale, the General Counsel now directly owns 102,182 shares of the company’s stock, valued at approximately $3,830,803.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Kathleen Bender Patton also recently made the following trade(s):
*On Monday, November 25th, Kathleen Bender Patton sold 3,899 shares of CarGurus stock. The shares were sold at an average price of $39.61, for a total value of $154,439.39.
Shares of CarGurus opened at $36.69 on recently. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.85 and a current ratio of 2.85. The firm has a market cap of $4.10 billion, a price-to-earnings ratio of 64.36, a P/E/G ratio of 2.64 and a beta of 1.96. CarGurus Inc has a fifty-two week low of $28.65 and a fifty-two week high of $45.25. The firm has a fifty day moving average price of $38.15 and a 200 day moving average price of $34.93.
CarGurus last posted its earnings results on Tuesday, November 5th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.10. The firm had revenue of $150.50 million during the quarter, compared to analyst estimates of $147.99 million. CarGurus had a net margin of 7.44% and a return on equity of 18.30%. CarGurus’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same period last year, the firm posted $0.08 earnings per share. As a group, research analysts predict that CarGurus Inc will post 0.35 earnings per share for the current year.
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