Market Cap
$2.8B
CARG
CarGurus, Inc.
$30.02 ▲ +0.98%
Prev close $29.73Market cap$2.8B
ConsensusBuy
12-mo target$42.00 (+39.9%)
▲ Bullish
Analyst conviction 6/10
Insider Selling Cluster (2 insiders)30 New Institutional Positions20 Institutional Exits Software & IT
Snapshot
The big-picture read on CARG right now — valuation, ownership and activity at a glance.
Cap Size
Mid Cap
Analyst Consensus
Buy (64%)
Inst. Holders
50 funds
Inst. Value
$2.1B
Inst. Activity
30 buys / 20 sells
Insider Activity
$0.00 buy / $3.5M sell
Insider Net $
-$3.5M
SEC Reports
11
Price chart 30d -12.3%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 30, 2026 short_volume
Short Volume: CARG — 84.2% short (0.5M / 0.6M)
Short: 516,836 | Exempt: 0 | TRF Vol: 613,751 | Short Ratio: 84.2% | Off-exchange volume (dark pool
Sep 15, 2026 Insider
Sep 3, 2026 SEC Zales Samuel sold 10,000 shares
COO and President @ $34.62 ($346.2K)
CarGurus appointed Matthew Mandel as CFO, effective October 19, 2026, replacing CEO Jason Trevisan who had been serving
8-K — Impact 3/10
Aug 28, 2026 Insider
Zales Samuel sold 10,000 shares
COO and President @ $36.50 ($365.0K)
Aug 14, 2026 Insider
Elshareef Ismail sold 8,957 shares
Chief Product Officer @ $38.00 ($340.4K)
Jun 30, 2026 Inst.
WELLINGTON MANAGEMENT GROUP LLP — TRIM
3,255,283 shares ($111.0M)
Jun 30, 2026 Inst.
Jun 12, 2026 SEC MANUFACTURERS LIFE INSURANCE COMPANY, — ADD
3,110,647 shares ($106.0M)
Freedom Broker Initiates CARG at Buy — PT $40 (+42.3%)
ANALYST-UPGRADE — Impact 4/10
Analyst ratings buy % -1.5%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
64% rate it Buy or better · 22 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Aug 14, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| Aug 12, 2026 | Oppenheimer | MAINTAIN | Outperform | 52% |
| Aug 10, 2026 | Barclays | MAINTAIN | Overweight | 54% |
| Aug 7, 2026 | UBS | MAINTAIN | Neutral | 55% |
| Aug 7, 2026 | RBC Capital | MAINTAIN | Outperform | 55% |
| Aug 7, 2026 | Needham | MAINTAIN | Buy | 50% |
| Aug 7, 2026 | BTIG | MAINTAIN | Buy | 53% |
| Jul 22, 2026 | Barclays | MAINTAIN | Overweight | 54% |
| Jun 12, 2026 | Freedom Broker | INITIATE | Buy | 66% |
| May 28, 2026 | Barclays | INITIATE | Overweight | 54% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 5 | 9 | 8 | 0 | 0 | 64% | |
| Aug 1, 2026 | 5 | 9 | 8 | 0 | 0 | 64% | |
| Jul 1, 2026 | 5 | 9 | 7 | 0 | 0 | 67% | |
| Jun 1, 2026 | 5 | 8 | 7 | 0 | 0 | 65% | |
| May 1, 2026 | 6 | 7 | 7 | 0 | 0 | 65% | |
| Apr 1, 2026 | 6 | 7 | 7 | 0 | 0 | 65% | |
| Mar 1, 2026 | 6 | 7 | 7 | 0 | 0 | 65% | |
| Feb 1, 2026 | 6 | 7 | 7 | 0 | 0 | 65% |
Price targets
Where 12 covering analysts think CARG trades over the next 12 months.
$42.00 +39.9% upside Strong Buy
Current$30.02 Low$39.00 Median$42.00 High$46.00 12 analysts
$39.00$46.00
Analyst rating None as of Oct 2, 2026
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
11 SEC filing reports analyzed · 1 bullish, 1 bearish, 1 mixed, 8 neutral · avg impact 2.7/10.
MIXEDANALYST-UPGRADE2/10
Barclays initiates CARG at Overweight — PT $35 (+24%)
May 28, 2026
BULLISHANALYST-UPGRADE4/10
Freedom Broker Initiates CARG at Buy — PT $40 (+42.3%)
Jun 12, 2026
NEUTRAL8-K3/10
CarGurus appointed Matthew Mandel as CFO, effective October 19, 2026, replacing CEO Jason Trevisan w
Sep 3, 2026
NEUTRALCLUSTER2/10
Four CarGurus insiders, including the CEO and two other C-suite executives, sold a total of $1.38M i
Aug 18, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 30, 2026
short_volume
Short Volume: CARG — 84.2% short (0.5M / 0.6M)
Short: 516,836 | Exempt: 0 | TRF Vol: 613,751 | Short Ratio: 84.2% | Off-exchange volume (dark pool + OTC)
Sep 24, 2026
short_volume
Short Volume: CARG — 82.0% short (0.4M / 0.5M)
Short: 434,384 | Exempt: 0 | TRF Vol: 530,001 | Short Ratio: 82.0% | Off-exchange volume (dark pool + OTC)
Sep 23, 2026
short_volume
Short Volume: CARG — 74.4% short (0.8M / 1.1M)
Short: 785,919 | Exempt: 0 | TRF Vol: 1,056,874 | Short Ratio: 74.4% | Off-exchange volume (dark pool + OTC)
Sep 22, 2026
short_volume
Short Volume: CARG — 77.1% short (0.8M / 1.0M)
Short: 794,794 | Exempt: 0 | TRF Vol: 1,030,476 | Short Ratio: 77.1% | Off-exchange volume (dark pool + OTC)
Sep 16, 2026
short_volume
Short Volume: CARG — 73.6% short (0.5M / 0.7M)
Short: 503,741 | Exempt: 0 | TRF Vol: 684,883 | Short Ratio: 73.6% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.66 | $0.63–$0.69 | 16.6% | +0.4% | 12↑ 0↓ | $0.3B | 12 |
| Next Q | $0.73 | $0.70–$0.77 | 15.8% | +1.0% | 10↑ 1↓ | $0.3B | 12 |
| Current FY | $2.62 | $2.52–$2.70 | 18.2% | +0.7% | 12↑ 0↓ | $1.0B | 12 |
| Next FY | $3.02 | $2.83–$3.58 | 15.2% | +0.8% | 9↑ 1↓ | $1.1B | 11 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.665 | — |
| 7d ago | $0.665 | — |
| 30d ago | $0.662 | +0.003 |
| 60d ago | $0.627 | +0.037 |
| 90d ago | $0.624 | +0.040 |
Institutional ownership
Which big funds own CARG (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $2.1B total value (62,347,127 shares) as of 2026-Q2. Top holders: BlackRock,, VANGUARD, VANGUARD. Net buying activity: 30 institutions added/increased vs 20 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 11,803,358 | $402.4M | 18.9% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4,715,273 | $160.7M | 7.6% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 3,302,216 | $112.6M | 5.3% | — |
| WELLINGTON MANAGEMENT GROUP LLP | 3,255,283 | $111.0M | 5.2% | TRIM -45.3% |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 3,110,647 | $106.0M | 5.0% | ADD +83.3% |
| STATE STREET CORP | 3,021,044 | $103.0M | 4.8% | — |
| Orbis Allan Gray Ltd | 2,407,398 | $82.1M | 3.9% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 2,093,962 | $71.4M | 3.4% | — |
| CONGRESS ASSET MANAGEMENT CO | 1,976,348 | $67.4M | 3.2% | — |
| DIMENSIONAL FUND ADVISORS LP | 1,822,639 | $62.1M | 2.9% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| WELLINGTON MANAGEMENT GROUP LLP | TRIM | 5,945,970 | 3,255,283 | -45.3% | $111.0M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | ADD | 1,696,846 | 3,110,647 | +83.3% | $106.0M |
| ALTA FOX CAPITAL MANAGEMENT, LLC | TRIM | 1,587,346 | 843,546 | -46.9% | $28.8M |
| AMERIPRISE FINANCIAL INC | TRIM | 1,135,079 | 826,385 | -27.2% | $28.2M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | TRIM | 1,477,445 | 793,696 | -46.3% | $27.1M |
| Nuveen, LLC | ADD | 470,321 | 730,183 | +55.3% | $24.9M |
| RENAISSANCE TECHNOLOGIES LLC | ADD | 343,727 | 673,827 | +96.0% | $23.0M |
| MILLENNIUM MANAGEMENT LLC | DOUBLED | 73,698 | 620,360 | +741.8% | $21.1M |
| Select Equity Group, L.P. | ADD | 459,266 | 606,281 | +32.0% | $20.7M |
| FMR LLC | DOUBLED | 34,713 | 575,621 | +1558.2% | $19.6M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
13 insiders, 50 transactions. Net -$3.5M — $0.00 bought, $3.5M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 15, 2026 | Zales Samuel | COO and President | SELL | 10,000 | $34.62 | $346.2K |
| Aug 28, 2026 | Zales Samuel | COO and President | SELL | 10,000 | $36.50 | $365.0K |
| Aug 14, 2026 | Elshareef Ismail | Chief Product Officer | SELL | 8,957 | $38.00 | $340.4K |
| Aug 13, 2026 | Sarnoff Dafna | Chief Marketing Officer | SELL | 17,151 | $37.00 | $634.6K |
| Aug 12, 2026 | Schwartz Greg M | Director | SELL | 10,000 | $36.07 | $360.7K |
| Aug 7, 2026 | Trevisan Jason | Chief Executive Officer | SELL | 1,100 | $41.06 | $45.2K |
| Aug 3, 2026 | Zamora Javier | General Counsel and Secretary | SELL | 6,205 | $37.08 | $230.1K |
| Jul 31, 2026 | Zamora Javier | General Counsel and Secretary | TAX W/H | 1,880 | $36.24 | $68.1K |
| Jul 31, 2026 | Elshareef Ismail | Chief Product Officer | TAX W/H | 2,300 | $36.24 | $83.4K |
| Jul 2, 2026 | Quinn Matthew Todd | Chief Technology Officer | SELL | 3,824 | $35.03 | $134.0K |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for CARG.
Shares short
7,226,663
Settlement Sep 15, 2026
Change vs prior
+13.2%
Semi-monthly cycle
Days to cover
8.0
At avg daily volume
Of shares outstanding
≈8.1%
Estimate — not % of float
All CARG filing & press-release reports (11)
- Barclays initiates CARG at Overweight — PT $35 (+24%)May 28, 2026
- Freedom Broker Initiates CARG at Buy — PT $40 (+42.3%)Jun 12, 2026
- 8-K reportSep 3, 2026
- CLUSTER reportAug 18, 2026
- CLUSTER reportAug 15, 2026
- CLUSTER reportAug 12, 2026
- CLUSTER reportJul 7, 2026
- CLUSTER reportJul 3, 2026
- DEFA14A reportApr 22, 2026
- PRESS-RELEASE reportApr 20, 2026
- 144 reportApr 2, 2026