Top Marketing Executive at $CARG Unloads 4,168 Shares in Company
The recent news of the Chief Marketing Officer of $CARG selling 4,168 shares has caused a stir in the market. Dafna Sarnoff made a significant move by selling a portion of their shares on July 2, 2025, for an estimated $137,919. This transaction accounted for around 3.5% of their shares of this class of stock, leaving them with 115,183 shares of this specific $CARG stock.
The sale made by Dafna Sarnoff is not an isolated incident, as $CARG insiders have engaged in significant trading activities in the last six months. Insiders have traded $CARG stock on the open market 146 times during this period, with all 146 trades being sales and no purchases. Notable figures such as LANGLEY STEINERT, SAMUEL ZALES, ZACHARY EMERSON HALLOWELL, JAVIER ZAMORA, and others have also made sales of varying quantities, indicating a trend of active trading within the company.
Hedge fund activity related to $CARG stock has seen a mix of movements. In the first quarter of 2025, 148 institutional investors added shares of $CARG stock to their portfolios, while 166 decreased their positions. Some of the most significant moves include FOXHAVEN ASSET MANAGEMENT, LP removing 2,171,853 shares, UBS GROUP AG adding 1,498,766 shares, INVESCO LTD. adding 1,242,076 shares, and others making notable shifts in their holdings.
While these transactions provide insights into the activities within $CARG, it is essential to note that this information is not financial advice. Investors are encouraged to conduct thorough research and due diligence before making any investment decisions. The sophisticated tools provided by Quiver Quantitative offer detailed insights into insider trading and hedge fund activity, enabling investors to track developments within the company effectively.
In conclusion, the recent sale of shares by the Chief Marketing Officer of $CARG is part of a broader trend of active trading within the company. Insiders and institutional investors have been actively engaging in transactions, showcasing a dynamic landscape of stock movements. Investors looking to stay informed about these activities can leverage available tools like Quiver Quantitative’s insider trading and institutional holdings dashboard for comprehensive insights. As the market continues to evolve, staying abreast of such developments is crucial for making informed investment decisions.