The open-market sales by the CTO and CPO are small and likely liquidity-driven rather than informational. The dominant activity is tax-withholding on vesting, which is routine. No material insider signal here — monitor next earnings for any fundamental changes.
Price Chart
Executive Summary
Two C-suite insiders at CarGurus sold a combined $192K in open-market sales on October 2, 2026, while six other insiders surrendered shares for tax withholding on October 1. The open-market sales are modest at ~0.06% of market cap, and the tax-withholding transactions are non-informative. The cluster is dominated by routine vesting-related activity, with the open-market sales too small to signal material negative information.
Key Financial Metrics
Key Facts
- CTO Matthew Todd Quinn sold 3.8K shares for $113K in an open-market sale on 2026-10-02
- CPO Ismail Elshareef sold 2.7K shares for $79K in an open-market sale on 2026-10-02
- Six insiders (CEO, Executive Chair, COO, GC, CPO, Chief People Officer) surrendered shares for tax withholding on 2026-10-01, totaling $1.74M in non-cash transactions
- Total open-market sales of $192K represent approximately 0.06% of CarGurus' market cap
- No insider purchases were reported in the cluster window
Financial Impact
Open-market sales total $192K, or ~0.06% of market cap — trivial relative to company size
Risk Factors
- Insider selling, even small, could be a precursor to larger sales if the stock appreciates further
- No insider buying to offset the selling pattern leaves a mildly negative tone
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CARG-1791237278068 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Institutional Cluster | $32.73 | awaiting T+60 | — | $31.17 (−4.77%) |
Oct 19, 2026 7d ago | Press Release | $31.66 | awaiting T+60 | — | $31.17 (−1.55%) |
Oct 12, 2026 14d ago | Institutional Cluster | $28.39 | awaiting T+60 | — | $31.17 (+9.79%) |
Oct 5, 2026 21d ago | Insider Cluster | $28.73 | awaiting T+60 | — | $31.17 (+8.49%) |
Sep 3, 2026 7w ago | 8-K | $34.23 | awaiting T+60 | — | $31.17 (−8.94%) |
Aug 18, 2026 9w ago | Insider Cluster | $37.04 | awaiting T+60 | — | $31.17 (−15.85%) |
Aug 14, 2026 10w ago | Insider Cluster | $35.77 | awaiting T+60 | — | $31.17 (−12.86%) |
Aug 11, 2026 10w ago | Insider Cluster | $36.88 | awaiting T+60 | — | $31.17 (−15.48%) |
Jul 2, 2026 16w ago | Insider Cluster | $35.66 $31.16 | ▲ +12.62% | ▲ +14.34% | $31.17 (+12.59%) |
Jul 2, 2026 16w ago | Insider Cluster | $35.66 $31.16 | ▼ −12.62% | ▼ −14.34% | $31.17 (−12.59%) |
US Market Status
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