9 stories mentioning CARGUpdated 2m ago
Every FINWIRES story that references CARG, newest first.
Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
Samuel Zales, COO and President, on September 15, 2026, sold 10,000 shares in Cargurus (CARG) for $346,200. Following the Form 4 filing with the SEC, Zales has control over a total of 455,349 Class A common shares of the company, with 455,349 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1494259/000149425926000068/xslF345X05/form4.xml
Samuel Zales, COO and President, on August 28, 2026, sold 10,000 shares in Cargurus (CARG) for $365,000. Following the Form 4 filing with the SEC, Zales has control over a total of 465,349 Class A common shares of the company, with 465,349 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1494259/000149425926000067/xslF345X05/form4.xml
Dafna Sarnoff, Chief Marketing Officer, on August 13, 2026, sold 17,151 shares in Cargurus (CARG) for $634,587. Following the Form 4 filing with the SEC, Sarnoff has control over a total of 109,668 Class A common shares of the company, with 109,668 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1494259/000149425926000065/xslF345X05/form4.xml
CarGurus (CARG) has an average rating of overweight and mean price target of $39.29, according to analysts polled by FactSet.Price: $39.86, Change: $+3.48, Percent Change: +9.57%
CarGurus (CARG) has an average rating of overweight and mean price target of $39.29, according to analysts polled by FactSet.Price: $38.67, Change: $+2.29, Percent Change: +6.28%
CarGurus (CARG) has an average rating of overweight and mean price target of $37.54, according to analysts polled by FactSet.
CarGurus (CARG) should keep growing as dealer tools, AI features, higher intent traffic, and cautious margin assumptions support a positive outlook, RBC Capital Markets said in a note Friday.Q1 was not especially strong, but the company's results held up well in a difficult market, while mid-teens growth remained encouraging, RBC said.Dealer count was a little weaker than expected, but revenue per dealer was better, helped by added products, pricing tools, data features, and AI-related service, while international traffic declines looked weak at first, but the change was related to privacy adjustments rather than a deeper business problem, according to the note.The investment firm said CarGurus' new ChatGPT app is performing well so far, while traffic from AI search appears more likely to convert, though the traffic base is still small.RBC kept its outperform rating for CarGurus and raised its price target to $35 from $34, as CarGurus has a record of setting conservative targets and then doing better, while product investment, AI use inside the company, and the remaining $75 million buyback authorization give CarGurus more room to support future growth.Price: $33.56, Change: $-1.19, Percent Change: -3.41%
CarGurus (CARG) shares fell 6.5% in Friday trading even after the company reported Q1 results that edged above Wall Street estimates.Non-GAAP earnings rose to $0.58 per diluted share from $0.48 a year earlier, the company said Thursday. Analysts polled by FactSet expected $0.57.Revenue in the three months ended March 31 rose to $243.6 million from $212.2 million a year earlier. Analysts surveyed by FactSet expected $243.1 million.Q1 results also showed a 23% drop in GAAP net income, $19.7 million in impairment charges, higher operating expenses and narrower margins.The company expects Q2 non-GAAP EPS of $0.57 to $0.64 on revenue of $247 million to $252 million. Analysts polled by FactSet expect EPS of $0.61 on revenue of $249.6 million.Price: $35.68, Change: $-2.48, Percent Change: -6.50%
CarGurus (CARG) has an average rating of overweight and mean price target of $37.25, according to analysts polled by FactSet.Price: $37.07, Change: $-1.10, Percent Change: -2.87%
