<div id="readability-page-1" class="page"><p>CarGurus, Inc. (NASDAQ:CARG - Get Free Report) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 5,618,771 shares,  a growth of 28.8% from the January 29th total of 4,361,348 shares. Based on an average trading volume of 1,296,253 shares, the days-to-cover ratio is presently 4.3 days. Currently, 7.1% of the company's shares are short sold. Currently, 7.1% of the company's shares are short sold. Based on an average trading volume of 1,296,253 shares, the days-to-cover ratio is presently 4.3 days.</p><h2>CarGurus Stock Up 2.0%</h2><ul><li>3 Cheap Stocks That Shouldn't Be This Low</li></ul><p>Shares of CARG opened at $31.31 on Tuesday. The business's fifty day moving average is $33.26 and its 200 day moving average is $34.81. CarGurus has a 12-month low of $24.65 and a 12-month high of $39.42. The stock has a market cap of $2.98 billion, a P/E ratio of 20.20, a P/E/G ratio of 1.15 and a beta of 1.37. </p><p>CarGurus (NASDAQ:CARG - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.02. The firm had revenue of $209.09 million for the quarter, compared to the consensus estimate of $239.07 million. CarGurus had a net margin of 16.60% and a return on equity of 47.50%. The business's revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.55 earnings per share. CarGurus has set its Q1 2026 guidance at 0.520-0.580 EPS.  On average, analysts expect that  CarGurus will post 1.41 EPS for the current year. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>CarMax Is Firing on All Pistons as Growth Returns    </li></ul><p>Several brokerages recently commented on CARG. Weiss Ratings  reiterated a &#34;hold (c+)&#34; rating on shares of CarGurus in a report on Monday, December 29th. DA Davidson decreased their price objective on shares of CarGurus from $37.50 to $33.50 and set a &#34;neutral&#34; rating for the company in a research report on Friday, February 20th. Royal Bank Of Canada dropped their target price on shares of CarGurus from $40.00 to $34.00 and set an &#34;outperform&#34; rating on the stock in a report on Friday, February 20th. BTIG Research lowered their price objective on CarGurus from $44.00 to $37.00 and set a &#34;buy&#34; rating for the company in a research report on Friday, February 20th. Finally, Needham &amp; Company LLC decreased their target price on CarGurus from $44.00 to $37.00 and set a &#34;buy&#34; rating for the company in a research note on Thursday, February 5th. Five investment analysts have rated the stock with a Buy rating and eight have issued  a Hold rating to the company's stock. According to MarketBeat.com, CarGurus currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $38.14.</p><p><b>Check Out Our Latest Analysis on CARG</b></p><h2>Insider Buying and Selling at CarGurus</h2><ul><li>CarGurus Stock is Set for a Rally This Quarter, Above all Peers</li></ul><p>In other news, insider Jennifer Ladd Hanson sold 2,358 shares of the firm's stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $38.10, for a total transaction of $89,839.80. Following the completion of the transaction, the insider owned 50,466 shares of the company's stock, valued at approximately $1,922,754.60. This trade represents a 4.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, CEO Jason Trevisan sold 20,000 shares of the business's stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $37.00, for a total transaction of $740,000.00. Following the completion of the sale, the chief executive officer directly owned 655,483 shares in the company, valued at approximately $24,252,871. This represents a 2.96% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 49,003 shares of company stock worth $1,858,494. 17.20% of the stock is currently owned by company insiders. </p><h2>Hedge Funds Weigh In On CarGurus</h2><p>Several institutional investors have recently modified their holdings of CARG. Royal Bank of Canada increased its position in shares of  CarGurus by 22.6% during the 1st quarter. Royal Bank of Canada now owns 75,072 shares of the company's stock valued at $2,186,000 after purchasing an additional 13,834 shares during the last quarter.  AQR Capital Management LLC grew its holdings in shares of  CarGurus by 25.4% during the first quarter. AQR Capital Management LLC now owns 25,946 shares of the company's stock worth $756,000 after purchasing an additional 5,259 shares in the last quarter.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of  CarGurus by 3.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,845 shares of the company's stock worth $1,889,000 after buying an additional 1,890 shares during the last quarter.  Jane Street Group LLC lifted its stake in  CarGurus by 113.0% during the first quarter. Jane Street Group LLC now owns 123,305 shares of the company's stock worth $3,592,000 after purchasing an additional 65,420 shares during the last quarter.  Finally, Envestnet Asset Management Inc. lifted its stake in  CarGurus by 5.6% in the second quarter. Envestnet Asset Management Inc. now owns 51,331 shares of the company's stock worth $1,718,000 after purchasing an additional 2,702 shares during the last quarter. 86.90% of the stock is owned by institutional investors. </p><h2>CarGurus Company Profile</h2> (Get Free Report)<p>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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than CarGurus</li><li>The gold chart Wall Street is terrified of…</li><li>America’s 1776 happening again</li><li>Buy this Gold Stock Before May 2026</li><li>I'm 70 With $1.5M: Would Converting $120K a Year to a Roth Be Smart or a Costly Mistake? (Ask An Advisor)</li><li>“Fed Proof” Your Bank Account with THESE 4 Simple Steps</li></ul><p><em>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.</em></p><h2>Should You Invest $1,000 in CarGurus Right Now?</h2><p>Before you consider CarGurus, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CarGurus wasn't on the list.</p><p>While CarGurus currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>CarGurus, Inc. (NASDAQ:CARG) experienced a significant increase in short interest, rising 28.8% to 5,618,771 shares as of February 13. This represents 7.1% of the company's stock, with a short-interest ratio of 4.3 days based on an average daily volume of 1,296,253 shares. The stock opened at $31.31, with a market cap of $2.98 billion and a P/E ratio of 20.20. Analysts have mixed ratings, with a consensus target price of $38.14. Recent insider sales indicate a decrease in ownership among executives.</p>

CarGurus, Inc. (NASDAQ:CARG) Sees Large Growth in Short Interest