Loretz Congdon Stacy Sells Shares of Lithia Motors, Inc. $LAD
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Loretz Congdon Stacy, insider at Lithia Motors, Inc. ($LAD), sold 75 shares at an average price of $315, for a total transaction of $23,625. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Lithia Motors, Inc. Stock Down 16.7%
Shares of Lithia Motors, Inc. ($LAD) traded around $308.52 on Tuesday, down 16.7% for the day.
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About Lithia Motors, Inc.
Lithia Motors, Inc. operates as an automotive retailer in the United States, the United Kingdom, and Canada. The company operates in two segments, Vehicle Operations and Financing Operations. It offers a range of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, financing and insurance products, and aftersales automotive repair and maintenance services. The company provides its products and services through a network of physical locations, e-commerce platforms, captive finance solutions, fleet management offerings, and other synergistic adjacencies. Lithia Motors, Inc. was founded in 1946 and is headquartered in Medford, Oregon.
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