Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CarGurus Inc shares valued at $43,560 were sold by Zamora Javier on Jun 10 ’25. At $33.00 per share, Zamora Javier sold 1,320 shares. The insider’s holdings dropped to 101,403 shares worth approximately $3.31 million following the completion of this transaction.
Also, Sarnoff Dafna sold 1,346 shares, netting a total of over 43,597 in proceeds. Following the sale of shares at $32.39 each, the insider now holds 125,136 shares.
Before that, Zamora Javier had added 1,320 shares to its account. In a trade valued at $43,560, the Officer bought CarGurus Inc shares for $33.00 each.
As published in a research note from JP Morgan on March 27, 2025, CarGurus Inc [CARG] has been rated down from an Overweight to a Neutral and the price target has been revised to $34 from $42. Analysts at Needham resumed the stock at ‘”a Buy”‘ outlook in a report released in mid January. As of June 07, 2024, JMP Securities has increased its “Mkt perform” rating to a “Mkt outperform” for CARG. Earlier on February 27, 2024, Needham resumed its rating. Their recommendation was “a Buy” for CARG stock.
Analyzing CARG Stock Performance
During the last five days, there has been a surge of approximately 2.00%. Over the course of the year, CarGurus Inc shares have dropped approximately -10.65%. Shares of the company reached a 52-week high of $41.33 on 01/30/25 and a 52-week low of $24.65 on 04/07/25.
Support And Resistance Levels for CarGurus Inc (CARG)
According to the 24-hour chart, there is a support level at 32.46, which, if violated, would cause prices to drop to 32.28. In the upper region, resistance lies at 33.01. The next price resistance is at 33.38. RSI (Relative Strength Index) is 61.27 on the 14-day chart, showing neutral technical sentiment.
