KAR Auction Services Insider Thomas J. Caruso Sells 5,000 Shares (KAR)
KAR Auction Services (NYSE:KAR) Insider Thomas J. Caruso sold 5,000 shares of KAR Auction Services stock on the open market in a transaction dated Monday, February 10th. The stock was sold at an average price of $28.34, for a total value of $141,700.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
KAR Auction Services (NYSE:KAR) traded up 0.99% during mid-day trading on Tuesday, hitting $28.67. 304,083 shares of the company’s stock traded hands. KAR Auction Services has a 52 week low of $19.06 and a 52 week high of $30.46. The stock’s 50-day moving average is $28.69 and its 200-day moving average is $28.11. The company has a market cap of $3.980 billion and a P/E ratio of 36.87.
KAR Auction Services, Inc, is a provider of vehicle auction services in North America. The Company operates in three business segments: ADESA, Inc (NYSE:KAR), Insurance Auto Auctions, Inc (IAAI) and Automotive Finance Corporation (AFC).
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