CarGurus (NASDAQ:CARG) Insider Sells $88,989.39 in Stock

Key Points

• Insider sale: Jennifer Ladd Hanson sold 2,499 shares at an average of $35.61 for $88,989.39, trimming her stake by 2.48% to 98,191 shares; the trade was executed under a Rule 10b5-1 plan and disclosed in an SEC filing.
• CARG shares recently traded at $33.33 with a market cap of $3.17 billion, a P/E of 21.5, and a 52-week range of $24.65–$39.42 (50-day / 200-day moving averages $31.64 / $34.67).
• CarGurus beat EPS ($0.63 vs. $0.61) but missed consensus revenue; it set Q1 2026 EPS guidance of $0.520–0.580, and analysts hold a consensus rating of "Hold" with an average target of $38.14.

CarGurus, Inc. (NASDAQ:CARG - Get Free Report) insider Jennifer Ladd Hanson sold 2,499 shares of the business's stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $35.61, for a total transaction of $88,989.39. Following the transaction, the insider directly owned 98,191 shares in the company, valued at approximately $3,496,581.51. The trade was a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CarGurus Stock Performance

Shares of CARG stock traded down $0.22 on Thursday, hitting $33.33. The stock had a trading volume of 912,268 shares, compared to its average volume of 1,295,876. The stock's 50 day moving average is $31.64 and its 200-day moving average is $34.67. The firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of 21.50, a P/E/G ratio of 1.27 and a beta of 1.37. CarGurus, Inc. has a 52-week low of $24.65 and a 52-week high of $39.42.

CarGurus (NASDAQ:CARG - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.02. The firm had revenue of $209.09 million for the quarter, compared to the consensus estimate of $239.07 million. CarGurus had a net margin of 16.60% and a return on equity of 47.50%. The firm's quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.55 EPS. CarGurus has set its Q1 2026 guidance at 0.520-0.580 EPS. Equities analysts expect that CarGurus, Inc. will post 1.41 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Royal Bank Of Canada cut their price target on CarGurus from $40.00 to $34.00 and set an "outperform" rating on the stock in a research note on Friday, February 20th. Jefferies Financial Group lifted their price objective on CarGurus from $42.00 to $45.00 and gave the stock a "buy" rating in a report on Thursday, December 11th. Oppenheimer cut their target price on CarGurus from $40.00 to $38.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 24th. DA Davidson reduced their target price on CarGurus from $37.50 to $33.50 and set a "neutral" rating for the company in a research note on Friday, February 20th. Finally, BTIG Research decreased their price target on shares of CarGurus from $44.00 to $37.00 and set a "buy" rating for the company in a research report on Friday, February 20th. Five research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $38.14.

Institutional Trading of CarGurus

Several institutional investors have recently added to or reduced their stakes in CARG. Horizon Investments LLC lifted its position in shares of CarGurus by 2.0% in the 4th quarter. Horizon Investments LLC now owns 16,375 shares of the company's stock worth $628,000 after buying an additional 318 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in CarGurus by 20.8% in the third quarter. Nisa Investment Advisors LLC now owns 1,864 shares of the company's stock worth $69,000 after acquiring an additional 321 shares during the last quarter. GAMMA Investing LLC boosted its stake in CarGurus by 8.7% in the third quarter. GAMMA Investing LLC now owns 4,535 shares of the company's stock valued at $169,000 after acquiring an additional 363 shares during the period. ProShare Advisors LLC boosted its stake in CarGurus by 2.8% in the fourth quarter. ProShare Advisors LLC now owns 15,992 shares of the company's stock valued at $613,000 after acquiring an additional 436 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in shares of CarGurus by 71.1% during the third quarter. Farther Finance Advisors LLC now owns 1,066 shares of the company's stock valued at $40,000 after purchasing an additional 443 shares during the last quarter. Institutional investors own 86.90% of the company's stock.

CarGurus Company Profile

CarGurus, Inc operates an online automotive marketplace designed to connect buyers and sellers of new and used vehicles. Through its proprietary search engine and data-driven pricing tools, the platform enables consumers to compare listings, assess fair market values and locate local dealers offering competitive deals. CarGurus also provides detailed vehicle history reports, dealer reviews and financing options to streamline the car-shopping process for both private parties and franchised dealerships.

The company's core product offerings include Instant Market Value (IMV), which leverages pricing algorithms to help buyers identify over- or under-priced vehicles, as well as dealer subscription services that grant automotive retailers access to lead generation tools, targeted advertising and dynamic pricing insights.

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