Key Points
- Director Stephen Kaufer purchased 30,766 shares on March 3 at $32.50 each (≈$999,895), now owning 323,939 shares—a 10.49% increase in his stake—according to an SEC Form 4 filing.
- CarGurus beat EPS estimates ($0.63 vs. $0.61) but missed revenue expectations ($209.09M vs. $239.07M), reported 14.7% year-over-year revenue growth, a 47.5% ROE and 16.6% net margin, and guided Q1 2026 EPS to $0.520–$0.580.
- Analysts' views are mixed: the consensus rating is "Hold" with an average target of $38.14, while the stock trades in the low $30s and the company has a market cap of about $3.19 billion.
CarGurus, Inc. (NASDAQ:CARG - Get Free Report) Director Stephen Kaufer bought 30,766 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The stock was bought at an average price of $32.50 per share, with a total value of $999,895.00. Following the transaction, the director directly owned 323,939 shares in the company, valued at $10,528,017.50. This represents a 10.49% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
CarGurus Trading Up 3.3%
Shares of NASDAQ:CARG opened at $33.53 on Thursday. CarGurus, Inc. has a twelve month low of $24.65 and a twelve month high of $39.42. The firm has a market cap of $3.19 billion, a P/E ratio of 21.63, a P/E/G ratio of 1.21 and a beta of 1.37. The company has a 50 day moving average of $33.02 and a 200-day moving average of $34.81.
CarGurus (NASDAQ:CARG - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.02. The firm had revenue of $209.09 million during the quarter, compared to analyst estimates of $239.07 million. CarGurus had a return on equity of 47.50% and a net margin of 16.60%.The firm's quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the company posted $0.55 EPS. CarGurus has set its Q1 2026 guidance at 0.520-0.580 EPS. Equities research analysts forecast that CarGurus, Inc. will post 1.41 EPS for the current year.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on CARG. UBS Group set a $38.00 price objective on CarGurus in a research report on Tuesday, February 24th. Weiss Ratings reissued a "hold (c+)" rating on shares of CarGurus in a research note on Monday, December 29th. Royal Bank Of Canada reduced their price objective on shares of CarGurus from $40.00 to $34.00 and set an "outperform" rating for the company in a research note on Friday, February 20th. Wall Street Zen lowered shares of CarGurus from a "buy" rating to a "hold" rating in a report on Sunday, February 15th. Finally, Needham & Company LLC reduced 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 Thursday, February 5th. Five research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $38.14.
Get Our Latest Report on CarGurus
Institutional Investors Weigh In On CarGurus
A number of hedge funds and other institutional investors have recently made changes to their positions in CARG. Congress Asset Management Co. acquired a new position in CarGurus during the 3rd quarter worth about $70,856,000. JPMorgan Chase & Co. lifted its position in shares of CarGurus by 17.8% during the third quarter. JPMorgan Chase & Co. now owns 545,636 shares of the company's stock worth $20,314,000 after purchasing an additional 82,511 shares in the last quarter. Jupiter Asset Management Ltd. increased its holdings in shares of CarGurus by 230.6% in the third quarter. Jupiter Asset Management Ltd. now owns 580,117 shares of the company's stock valued at $21,598,000 after purchasing an additional 404,617 shares in the last quarter. Aurora Investment Counsel bought a new position in CarGurus in the 3rd quarter worth approximately $2,174,000. Finally, Voya Investment Management LLC lifted its holdings in CarGurus by 82.7% during the 3rd quarter. Voya Investment Management LLC now owns 141,559 shares of the company's stock worth $5,270,000 after buying an additional 64,094 shares in the last quarter. 86.90% of the stock is owned by hedge funds and other institutional investors.
CarGurus Company Profile
(
Get Free Report)
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.
Further Reading
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