CARG

CarGurus, Inc.

Nasdaq · Services-Computer Processing & Data Preparation · Inc. DE · CIK 0001494259
$27.17 -1.84% $2.5B
Insider Selling Cluster (3 insiders)19 New Institutional Positions19 Institutional Exits
Vol
Market Cap$2.5B
Cap SizeMid Cap
Analyst ConsensusBuy (65%)
Inst. Holders50 funds
Inst. Value$1.8B
Inst. Activity19 buys / 19 sells
Insider Activity0B / 6S
Insider Net $-$716.7K
SEC Reports7
Exchange Nasdaq·Sector Services-Computer Processing & Data Preparation·Inc. DE·CIK 0001494259·Prev Close $27.68

Recent Activity

Jun 12, 2026 SEC
Freedom Broker Initiates CARG at Buy — PT $40 (+42.3%)
ANALYST-UPGRADE — Impact 4/10
Jun 9, 2026 Insider
Steinert Langley acquired 377,639 shares
Executive Chair
Jun 9, 2026 Insider
Steinert Langley disposed of 377,639 shares
Executive Chair
Jun 3, 2026 Insider
Conine Steven was granted 7,339 shares
Director
May 29, 2026 short_volume
Short Volume: CARG — 66.0% short (0.5M / 0.7M)
Short: 475,899 | Exempt: 0 | TRF Vol: 721,313 | Short Ratio: 66.0% | Off-exchange volume (dark pool
May 16, 2026 SEC
JMP Securities upgrades CARG to Market Outperform — PT $30 (+0%)
ANALYST-UPGRADE — Impact 2/10
Apr 16, 2026 SEC
JMP Securities upgrades CARG to Market Outperform — PT $30
ANALYST-UPGRADE — Impact 1/10
Inst.
WELLINGTON MANAGEMENT GROUP LLP — TRIM
5,945,970 shares ($202.5M)

Price Targets

$37.38 +37.6% upside Strong Buy
Current $27.17 Low $32.00 Median $37.00 High $43.00 13 analysts
$32.00 $43.00

Analyst Ratings

Buy65% buy · 20 analysts
5Strong Buy
8Buy
7Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 12, 2026 Freedom Broker INITIATE Buy
May 28, 2026 Barclays INITIATE Overweight
May 11, 2026 RBC Capital MAINTAIN Outperform → Outperform
May 8, 2026 UBS MAINTAIN Neutral → Neutral
May 8, 2026 JP Morgan MAINTAIN Neutral → Neutral

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.61 ▲ +2.1% $0.59 — $0.64 7% YoY 13
Next Q $0.62 ▼ -1.2% $0.54 — $0.67 10% YoY 13
Current FY $2.51 ▼ -0.6% $2.36 — $2.59 13% YoY 13
Next FY $2.91 $2.69 — $3.26 16% YoY 12

Top Institutional Holders

FundValueMove
BlackRock, Inc.$409.0M
WELLINGTON MANAGEMENT GROUP LLP$202.5MTRIM
VANGUARD PORTFOLIO MANAGEMENT LLC$157.8M
VANGUARD CAPITAL MANAGEMENT LLC$119.1M
STATE STREET CORP$105.4M

Recent Insider Trades

DateInsiderTypeValue
Jun 9, 2026Steinert LangleyC$0.00
Jun 9, 2026Steinert LangleyC$0.00
Jun 3, 2026Conine StevenA$0.00
Jun 3, 2026Gupta ManikA$0.00
Jun 3, 2026HICKOK LORIA$0.00
50 institutional holders with $1.8B total value (53,528,413 shares) as of 2026-Q1. Top holders: BlackRock,, WELLINGTON, VANGUARD.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.12,012,595$409.0M22.4%
2WELLINGTON MANAGEMENT GROUP LLP5,945,970$202.5M11.1%TRIM -25.4%
3VANGUARD PORTFOLIO MANAGEMENT LLC4,634,701$157.8M8.7%
4VANGUARD CAPITAL MANAGEMENT LLC3,497,076$119.1M6.5%
5STATE STREET CORP3,094,522$105.4M5.8%
6CONGRESS ASSET MANAGEMENT CO2,110,537$71.9M3.9%
7DIMENSIONAL FUND ADVISORS LP1,787,448$60.9M3.3%
8MANUFACTURERS LIFE INSURANCE COMPANY, THE1,696,846$57.8M3.2%
9ARROWSTREET CAPITAL, LIMITED PARTNERSHIP1,477,445$50.3M2.8%
10MORGAN STANLEY1,365,642$46.5M2.6%ADD +25.8%
11Invesco Ltd.1,288,756$43.9M2.4%
12AMERIPRISE FINANCIAL INC1,135,079$38.6M2.1%ADD +96.0%
13FORT WASHINGTON INVESTMENT ADVISORS INC /OH/1,110,231$37.8M2.1%
14CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,066,374$36.3M2.0%
15GOLDMAN SACHS GROUP INC783,160$26.7M1.5%
16LOOMIS SAYLES & CO L P729,016$24.8M1.4%
17WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC724,299$24.7M1.4%ADD +27.7%
18FEDERATED HERMES, INC.639,733$21.8M1.2%
19RAYMOND JAMES FINANCIAL INC623,150$21.2M1.2%
20BANK OF AMERICA CORP /DE/586,346$20.0M1.1%ADD +26.6%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
WELLINGTON MANAGEMENT GROUP LLPTRIM7,974,3765,945,970-25.4%$202.5M2026-Q1
AMERIPRISE FINANCIAL INCADD579,0431,135,079+96.0%$38.6M2026-Q1
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLCADD567,314724,299+27.7%$24.7M2026-Q1
BANK OF AMERICA CORP /DE/ADD462,982586,346+26.6%$20.0M2026-Q1
Select Equity Group, L.P.TRIM919,189459,266-50.0%$15.6M2026-Q1
LAZARD ASSET MANAGEMENT LLCDOUBLED158,801445,868+180.8%$15.2M2026-Q1
Allianz Asset Management GmbHADD285,333377,946+32.5%$12.9M2026-Q1
Trexquant Investment LPTRIM281,251210,395-25.2%$7.2M2026-Q1
Russell Investments Group, Ltd.ADD119,214210,351+76.4%$7.2M2026-Q1
VICTORY CAPITAL MANAGEMENT INCTRIM254,391156,717-38.4%$5.3M2026-Q1
Point72 Asset Management, L.P.TRIM266,743124,641-53.3%$4.2M2026-Q1
Allspring Global Investments Holdings, LLCADD90,941123,839+36.2%$4.2M2026-Q1
ENVESTNET ASSET MANAGEMENT INCADD92,705117,845+27.1%$4.0M2026-Q1
SCHRODER INVESTMENT MANAGEMENT GROUPTRIM445,105112,402-74.7%$4.0M2026-Q1
MARSHALL WACE, LLPDOUBLED21,09964,156+204.1%$2.2M2026-Q1
Gotham Asset Management, LLCADD33,29863,486+90.7%$2.2M2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/TRIM114,97651,901-54.9%$1.8M2026-Q1
BALYASNY ASSET MANAGEMENT L.P.TRIM170,26843,861-74.2%$1.5M2026-Q1
TUDOR INVESTMENT CORP ET ALNEAR_EXIT244,15836,663-85.0%$1.2M2026-Q1
CAPITAL FUND MANAGEMENT S.A.TRIM75,25931,825-57.7%$1.1M2026-Q1
NOMURA HOLDINGS INCTRIM65,12329,628-54.5%$1.0M2026-Q1
Brevan Howard Capital Management LPDOUBLED6,79029,561+335.4%$1.0M2026-Q1
FIFTH THIRD BANCORPDOUBLED1,84120,395+1007.8%$694.4K2026-Q1
AmundiNEAR_EXIT97,17119,878-79.5%$676.8K2026-Q1
TD Waterhouse Canada Inc.DOUBLED9,46720,035+111.6%$671.5K2026-Q1
13 unique insiders with 33 transactions. Net insider value: -$716.7K ($0.00 bought, $716.7K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 9, 2026Steinert LangleyExecutive ChairCONVERT377,639
Jun 9, 2026Steinert LangleyExecutive ChairCONVERT377,639
Jun 3, 2026Conine StevenDirectorAWARD7,339
Jun 3, 2026Gupta ManikDirectorAWARD7,339
Jun 3, 2026HICKOK LORI ADirectorAWARD7,339
Jun 3, 2026Kaufer StephenDirectorAWARD7,339
Jun 3, 2026Schwartz Greg MDirectorAWARD7,339
Jun 1, 2026Zamora JavierGeneral Counsel and SecretarySELL7,881$29.52$232.6K
May 1, 2026Elshareef IsmailChief Product OfficerTAX W/H1,396$37.04$51.7K
May 1, 2026Zamora JavierGeneral Counsel and SecretaryTAX W/H1,142$37.04$42.3K
Apr 2, 2026Sarnoff DafnaChief Marketing OfficerSELL5,445$33.04$179.9K
Apr 2, 2026Quinn Matthew ToddChief Technology OfficerSELL4,341$33.04$143.4K
Apr 2, 2026Hanson Jennifer LaddChief People OfficerSELL567$33.04$18.7K
Apr 1, 2026Elshareef IsmailChief Product OfficerTAX W/H1,900$33.55$63.7K
Apr 1, 2026Quinn Matthew ToddChief Technology OfficerTAX W/H8,094$33.55$271.6K
Apr 1, 2026Hanson Jennifer LaddChief People OfficerTAX W/H1,192$33.55$40.0K
Apr 1, 2026Zamora JavierGeneral Counsel and SecretaryTAX W/H2,604$33.55$87.4K
Apr 1, 2026Zales SamuelCOO and PresidentTAX W/H11,525$33.55$386.7K
Apr 1, 2026Trevisan JasonChief Executive OfficerTAX W/H21,509$33.55$721.6K
Apr 1, 2026Steinert LangleyExecutive ChairTAX W/H12,315$33.55$413.2K
Apr 1, 2026Sarnoff DafnaChief Marketing OfficerTAX W/H5,702$33.55$191.3K
Mar 31, 2026Hanson Jennifer LaddChief People OfficerSELL2,499$35.61$89.0K
Mar 30, 2026Hanson Jennifer LaddChief People OfficerTAX W/H1,039$35.28$36.7K
Mar 2, 2026Zales SamuelCOO and PresidentAWARD81,353
Mar 2, 2026Zamora JavierGeneral Counsel and SecretaryAWARD32,541
Mar 2, 2026Hanson Jennifer LaddChief People OfficerAWARD52,066
Mar 2, 2026Sarnoff DafnaChief Marketing OfficerAWARD55,320
Mar 2, 2026Quinn Matthew ToddChief Technology OfficerAWARD65,082
Mar 2, 2026Trevisan JasonChief Executive OfficerAWARD227,790
Mar 2, 2026Steinert LangleyExecutive ChairAWARD81,353
Feb 2, 2026Elshareef IsmailChief Product OfficerSELL1,645$32.21$53.0K
Jan 30, 2026Zamora JavierGeneral Counsel and SecretaryTAX W/H1,142$32.40$37.0K
Jan 30, 2026Elshareef IsmailChief Product OfficerTAX W/H1,465$32.40$47.5K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Buy (65% buy). Based on 20 analysts: 5 strong buy, 8 buy, 7 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$37.38 mean target +37.6% upside Strong Buy (2.00)
$32.00 Low $43.00 High
MetricValue
Current Price$27.17
Target Low$32.00
Target Mean$37.38
Target Median$37.00
Target High$43.00
# Analysts13
RecommendationStrong Buy (2.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.61 $0.59 $0.64 7.2% +2.1% 7↑ 3↓ $0.2B 6.8% 13
Next Q
2026-09-30
$0.62 $0.54 $0.67 9.6% -1.2% 5↑ 5↓ $0.3B 7.7% 13
Current FY
2026-12-31
$2.51 $2.36 $2.59 12.8% -0.6% 6↑ 6↓ $1.0B 8.1% 13
Next FY
2027-12-31
$2.91 $2.69 $3.26 16.0% -0.3% 7↑ 4↓ $1.1B 9.2% 12

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.611
7d ago$0.612-0.001
30d ago$0.598+0.013
60d ago$0.599+0.012
90d ago$0.599+0.012
9 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 2 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 12, 2026 Freedom Broker INITIATE Buy
May 28, 2026 Barclays INITIATE Overweight
May 11, 2026 RBC Capital MAINTAIN Outperform Outperform
May 8, 2026 UBS MAINTAIN Neutral Neutral
May 8, 2026 JP Morgan MAINTAIN Neutral Neutral
May 8, 2026 Needham MAINTAIN Buy Buy
Feb 24, 2026 Oppenheimer MAINTAIN Outperform Outperform
Feb 20, 2026 RBC Capital MAINTAIN Outperform Outperform
Feb 20, 2026 DA Davidson MAINTAIN Neutral Neutral
Feb 20, 2026 BTIG MAINTAIN Buy Buy
Feb 5, 2026 Needham MAINTAIN Buy Buy
Dec 30, 2025 BTIG MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20265870065%
May 1, 20266770065%
Apr 1, 20266770065%
Mar 1, 20266770065%
Feb 1, 20266770065%
Jan 1, 20266770065%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 29, 2026
short_volume
Short Volume: CARG — 66.0% short (0.5M / 0.7M)
Short: 475,899 | Exempt: 0 | TRF Vol: 721,313 | Short Ratio: 66.0% | Off-exchange volume (dark pool + OTC)
May 26, 2026
other
CarGurus to Present at the BofA Securities 2026 Global Technology Conference
<p>BOSTON, May 26, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.<sup>1</sup>, today
May 11, 2026
other
CarGurus to Present at the J.P. Morgan 2026 Global Technology, Media and Communications Conference
<p>BOSTON, May 11, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.<sup>1</sup>, today
May 8, 2026
short_volume
Short Volume: CARG — 65.0% short (0.4M / 0.7M)
Short: 426,004 | Exempt: 1,318 | TRF Vol: 655,759 | Short Ratio: 65.0% | Off-exchange volume (dark pool + OTC)
May 7, 2026
earnings_calendar
CARG Q1 2026 Earnings Scheduled — 2026-05-07
Apr 20, 2026
earnings
CarGurus To Report First Quarter 2026 Financial Results
<p>BOSTON, April 20, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.<sup>1</sup>, ann
Mar 18, 2026
short_interest
FTD: CARG — 53,344 shares ($1.8M) failed to deliver
Settlement: 20260318, Price: $33.42, FTD Value: $1,782,756.48, CARGURUS INC CL A
Mar 17, 2026
short_interest
FTD: CARG — 53,344 shares ($1.7M) failed to deliver
Settlement: 20260317, Price: $31.06, FTD Value: $1,656,864.64, CARGURUS INC CL A
Feb 24, 2026
short_interest
FTD: CARG — 28,804 shares ($0.8M) failed to deliver
Settlement: 20260224, Price: $27.86, FTD Value: $802,479.44, CARGURUS INC CL A
Feb 23, 2026
short_interest
FTD: CARG — 30,103 shares ($0.9M) failed to deliver
Settlement: 20260223, Price: $30.17, FTD Value: $908,207.51, CARGURUS INC CL A