Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cars.com shares valued at $299,558 were purchased by Vetter Thomas Alex on May 09 ’25. At $10.75 per share, Vetter Thomas Alex acquired 27,870 shares. The insider’s holdings grew to 844,897 shares worth approximately $9.44 million following the completion of this transaction.
Also, Greenthal Jill A sold 10,990 shares, netting a total of over 218,152 in proceeds. Following the sale of shares at $19.85 each, the insider now holds 90,973 shares.
Before that, Greenthal Jill A had added 10,990 shares to its account. In a trade valued at $217,603, the Director bought Cars.com shares for $19.80 each.
As published in a research note from JP Morgan on August 09, 2024, Cars.com [CARS] has been rated down from an Overweight to a Neutral and the price target has been revised to $19 from $25. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid September. As of July 20, 2023, B. Riley Securities has initiated its “Buy” rating for CARS. Earlier on June 27, 2023, JP Morgan initiated its rating. Their recommendation was “an Overweight” for CARS stock.
Analyzing CARS Stock Performance
During the last five days, there has been a drop of approximately -1.33%. Over the course of the year, Cars.com shares have dropped approximately -35.55%. Shares of the company reached a 52-week high of $19.00 on 01/30/25 and a 52-week low of $9.56 on 05/08/25. A 50-day SMA is recorded $11.44, while a 200-day SMA reached $15.91.
Support And Resistance Levels for Cars.com (CARS)
According to the 24-hour chart, there is a support level at 11.07, which, if violated, would cause prices to drop to 10.96. In the upper region, resistance lies at 11.34. The next price resistance is at 11.50. RSI (Relative Strength Index) is 46.86 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.27, which suggests the price will decrease in the coming days. Percent R is at 39.93%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
