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Coghill Capital Unloads Some Autobytel Shares

Coghill Capital Management, Autobytel: In a form 4 disclosed a couple of minutes ago, Clint Coghill‘s hedge fund, Coghill Capital Management reported selling 551,724 shares of Autobytel Inc. (NASDAQ:ABTL). Coghill had previously made four transactions in this stock since 2010, in which 476,724 shares were sold, with the average price being around $1 apiece. The fifth transaction took place on October 16th and involved selling 75,000 shares, at a price of $8.41 apiece. Following all the transactions, Coghill now holds around 1.4 million shares.

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