Insider Cluster (2 insiders) ·Filed Aug 11, 2026

CARG

CarGurus, Inc.
NEUTRAL
Impact 2/10
Horizonimmediate Processed1mo ago
Insider cluster: 2 insiders, $275K total
Actionable Insight • Neutral

The insider sales are too small to signal a bearish view on the company. Monitor for any larger insider sales or changes in the company's operating performance, but this cluster alone does not warrant a trading action.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d
CARG ▼ -10.23% at T+20d
NEUTRAL call ✗ call lost -10.23% · α vs SPY -9.17% · entry $36.18 → $32.48
Next anchor: T+60d in 5w
Latest observation: T+35 -18.24% FF3 residual α
Entry anchored
Aug 10, 04:05 PM ET
via 1-min bar
T+1d
+1.93%
call +1.93% · α +1.68%
$36.88
settled 7w ago
T+5d
+0.11%
call +0.11% · α +0.51%
$36.22
settled 7w ago
T+20d
-10.23%
call -10.23% · α -9.17%
$32.48
settled 24d ago
T+60d
—
call — · α —
—
in 5w

Price Chart

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Executive Summary

Two CarGurus insiders—CEO Jason Trevisan and General Counsel Javier Zamora—sold a total of $275K in open-market sales over a one-week window. The CEO's sale of $45K is trivial relative to his position and the company's $3.2B market cap, while the GC's $230K sale is also modest at ~0.007% of market cap. The cluster is small in both dollar value and proportion, and insider sales are generally weak predictive signals, making this a routine liquidity-driven event with no material bearish read-through.

Key Financial Metrics

Direction
selling
Total Value
$275.1K
Insiders
2

Key Facts

  • CEO Jason Trevisan sold 1,100 shares at $41.06 for $45,166 on 2026-08-07
  • General Counsel Javier Zamora sold 6,200 shares at $37.08 for $229,896 on 2026-08-03
  • Total insider sales of $275K represent ~0.009% of CarGurus' $3.2B market cap
  • No insider purchases were reported in the cluster window
  • The sales are small in absolute terms and as a fraction of market cap, consistent with routine portfolio diversification or tax planning

Financial Impact

Total insider sales of $275K, or ~0.009% of market cap — immaterial

insider ownership

Risk Factors

  • Insider sales could accelerate if insiders perceive headwinds, but current cluster is too small to be informative
  • No purchases to offset the sales, but the dollar amounts are negligible

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Processing & Data Preparation
Analyst Consensus
64% bullish (22 analysts)

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-CARG-1786525778914
11 reports for CARG
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for CARG — sortable, filterable
TypeNow
Sep 3, 2026
29d ago
8-K
NEUTRAL ★ 3/10
$34.23 $34.43▲ +0.57%▲ +1.72%$30.02 (−12.30%)
Aug 18, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$37.04 $36.20▼ −2.27%▼ −1.88%$30.02 (−18.95%)
Aug 14, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$37.44 $36.85▼ −1.58%▼ −0.21%$30.02 (−19.82%)
Aug 11, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$36.18 $36.22▲ +0.11%▲ +0.51%$30.02 (−17.03%)
Jul 2, 2026
13w ago
Insider Cluster
BEARISH ★ 4/10
$36.24 $34.50▲ +4.80%▲ +5.73%$30.02 (+17.16%)
Jul 2, 2026
13w ago
Insider Cluster
NEUTRAL ★ 2/10
$36.24 $34.50▼ −4.80%▼ −5.73%$30.02 (−17.16%)
Jun 12, 2026
16w ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$27.17 $30.02▲ +10.49%▲ +9.82%$30.02 (+10.49%)
May 28, 2026
18w ago
ANALYST-UPGRADE
MIXED ★ 2/10
$30.35 $27.25▼ −10.21%▼ −10.17%$30.02 (−1.09%)
Apr 22, 2026
23w ago
DEFA14A
NEUTRAL ★ 3/10
$37.48 $36.67▼ −2.16%▼ −3.64%$30.02 (−19.90%)
Apr 20, 2026
23w ago
Press Release
NEUTRAL ★ 3/10
$37.86 $36.95▼ −2.40%▼ −3.49%$30.02 (−20.71%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (65h 10m)

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Report published Aug 12, 2026