Bargain hunters should note two significant insider purchases. On Tuesday, CarGurus Director Stephen Kaufer bought 30,766 shares of CARG at $32.50 each, totaling $1 million. As of Thursday, CARG’s trading peaked at $34.93, up 1.3% on the day, with Kaufer seeing a 7.5% increase in value.
Additionally, on Monday, James T. Glerum Jr. purchased 8,163 shares of Tennant for $61.25 each, amounting to nearly $500,000. This marks Glerum Jr.’s first buy in a year. Despite Tennant trading down about 0.1% on Thursday, Glerum Jr. is already up 4.4% based on a trading high of $63.95 today.
