Sei Investments Co. Raises Stock Position in Cars.com Inc. $CARS

Sei Investments Co. boosted its stake in shares of Cars.com Inc. (NYSE:CARS - Free Report) by 47.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 308,255 shares of the company's stock after acquiring an additional 98,499 shares during the period. Sei Investments Co. owned about 0.55% of Cars.com worth $2,503,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of Cars.com by 487.0% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 160,315 shares of the company's stock worth $1,953,000 after purchasing an additional 133,002 shares in the last quarter. Kestrel Investment Management Corp purchased a new position in Cars.com in the 4th quarter valued at about $3,752,000. LSV Asset Management lifted its stake in Cars.com by 83.3% in the 4th quarter. LSV Asset Management now owns 191,000 shares of the company's stock valued at $2,330,000 after buying an additional 86,800 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Cars.com by 8.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,401,523 shares of the company's stock worth $27,620,000 after buying an additional 262,443 shares during the last quarter. Finally, Breach Inlet Capital Management LLC acquired a new stake in Cars.com in the 4th quarter worth about $8,899,000. 89.15% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Sonia Jain sold 52,579 shares of Cars.com stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $9.56, for a total transaction of $502,655.24. Following the transaction, the chief financial officer owned 346,854 shares in the company, valued at approximately $3,315,924.24. This trade represents a 13.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 3.36% of the company's stock.

Cars.com Stock Up 5.0%

CARS stock opened at $12.32 on Friday. The company has a current ratio of 2.00, a quick ratio of 1.87 and a debt-to-equity ratio of 1.01. The firm has a 50-day moving average of $10.90 and a two-hundred day moving average of $10.32. Cars.com Inc. has a 12 month low of $7.40 and a 12 month high of $13.97. The company has a market cap of $688.95 million, a price-to-earnings ratio of 21.62 and a beta of 1.60.

Cars.com (NYSE:CARS - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.51 earnings per share for the quarter, hitting the consensus estimate of $0.51. The business had revenue of $179.93 million for the quarter, compared to analysts' expectations of $180.53 million. Cars.com had a return on equity of 18.82% and a net margin of 4.73%.The business's revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS. As a group, analysts forecast that Cars.com Inc. will post 1.59 earnings per share for the current fiscal year.

Key Cars.com News

Here are the key news stories impacting Cars.com this week:

• Positive Sentiment: Strong earnings quality and profitability: Second-quarter revenue rose approximately 1% year over year to $179.9 million, while net income more than doubled to $14.3 million. Adjusted EBITDA increased 4% to $53.0 million, producing a 29.4% margin that exceeded the company’s 28%-29% target range. Adjusted EPS of $0.51 also surpassed the $0.49 Zacks consensus estimate and increased from $0.41 a year earlier. Cars.com Reports Second Quarter 2026 Results
• Positive Sentiment: Capital returns support the stock: Cars.com repurchased 3.7 million shares for $37 million during the quarter and 6.2 million shares for $57 million year to date, putting it on pace for its $90 million 2026 repurchase goal. The buybacks can support per-share results and signal management’s confidence in the company’s valuation. Cars.com Q2 Results
• Positive Sentiment: Analyst support remains favorable: BTIG Research reaffirmed its “Buy” rating and assigned a $14 price target, implying roughly 14% upside from the referenced $12.32 level. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Guidance was broadly maintained: Full-year revenue guidance remains $723.2 million-$737.7 million, versus a $729.0 million consensus estimate. Third-quarter revenue guidance of $183.9 million-$187.6 million is modestly above the $183.0 million consensus, but the outlook still calls for only flat-to-2% growth. Cars.com Q2 Earnings Call Transcript
• Negative Sentiment: Platform-exit concerns could pressure growth: A Seeking Alpha analysis argues that consumers and dealers are leaving Cars.com, raising questions about traffic, customer retention and the durability of Marketplace growth. In addition, OEM and National revenue fell 18% year over year, partially offsetting more than 7% growth in Marketplace revenue. Cars.com Consumers and Dealers Analysis

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. B. Riley Financial cut Cars.com from a "buy" rating to a "neutral" rating and set a $13.00 target price for the company. in a report on Friday, May 8th. Weiss Ratings raised Cars.com from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, July 13th. BTIG Research reiterated a "buy" rating and set a $14.00 price target on shares of Cars.com in a research report on Thursday. UBS Group increased their price objective on Cars.com from $12.00 to $13.00 and gave the company a "neutral" rating in a research note on Friday. Finally, JPMorgan Chase & Co. raised their price objective on Cars.com from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $14.83.

Cars.com Profile

Cars.com operates as a leading online automotive marketplace in the United States, connecting car shoppers with new and used vehicle listings from dealerships and private sellers. The platform enables consumers to research makes and models, compare prices, read expert and user reviews, and access tools such as TrueCost to estimate ownership expenses over time. Through its website and mobile applications, Cars.com aims to simplify the car-buying process by aggregating detailed vehicle data, payment calculators, and dealership ratings into a single user-friendly experience.

On the dealer side, Cars.com provides a suite of marketing and lead-generation services designed to help automotive retailers reach potential buyers and manage their online presence.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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