Insider Cluster (2 insiders) ·Filed Jul 2, 2026

CARG

CarGurus, Inc.
NEUTRAL
Impact 2/10
Horizondays Processed3mo ago
Insider cluster: 2 insiders, $207K total
Actionable Insight • Neutral

This cluster is entirely routine — two non-C-suite insiders sold a combined $207K (0.006% of market cap) while seven executives simultaneously surrendered shares for tax withholding on the same date, a classic vesting-driven pattern. No informational signal. Monitor next quarterly earnings for any guidance changes, but this filing has no actionable trading implication.

DirectionNeutral
Confidencehigh
Horizondays
Latest settled — T+60d ⚠ clustered
CARG ▼ -14.49% at T+60d
NEUTRAL call ✗ call lost -14.49% · α vs SPY -17.49% · entry $36.24 → $30.99
Next anchor: T+1d due 3mo ago
Entry anchored
Jul 1, 03:59 PM ET
via exchange tick
T+1d
—
call — · α —
—
due 3mo ago
T+5d
-4.80%
call -4.80% · α -5.73%
$34.50
settled 3mo ago
T+20d
-0.66%
call -0.66% · α -0.25%
$36.00
settled 2mo ago
T+60d
-14.49%
call -14.49% · α -17.49%
$30.99
settled 7d ago

Price Chart

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Executive Summary

Two CarGurus insiders (General Counsel and Chief People Officer) sold a combined $207K in open-market sales over a 3-day window, while multiple C-suite executives simultaneously surrendered shares for tax withholding on the same date (July 1). The open-market sales total just 0.006% of CarGurus' $3.2B market cap — well below the 0.1% materiality threshold — and the tax-withholding transactions are non-cash events with zero economic signal. This cluster is routine and non-informative.

Key Financial Metrics

Direction
selling
Total Value
$207.0K
Insiders
2

Key Facts

  • Two insiders sold a combined $207K in open-market sales over a 3-day window (June 29–July 1, 2026)
  • Total open-market sales represent ~0.006% of CarGurus' $3.2B market cap — well below the 0.1% materiality threshold
  • Seven C-suite executives simultaneously surrendered shares for tax withholding on July 1, 2026 — a non-cash event with zero economic signal
  • The General Counsel and Chief People Officer were the only insiders with open-market sales; no insider purchased shares
  • Recent 30-day insider activity shows only $207K in total sales — consistent with routine portfolio management

Financial Impact

Total open-market sales of $207K represent ~0.006% of CarGurus' $3.2B market cap — immaterial

insider ownershipdilution

Risk Factors

  • No material risk identified from this filing — insider activity is routine and immaterial in size

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Processing & Data Preparation
Analyst Consensus
65% bullish (20 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-1783060749232
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 Jul 3, 2026