Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CarGurus Inc shares valued at $137,919 were sold by Sarnoff Dafna on Jul 02 ’25. At $33.09 per share, Sarnoff Dafna sold 4,168 shares. The insider’s holdings dropped to 115,183 shares worth approximately $3.88 million following the completion of this transaction.
Also, Quinn Matthew Todd sold 3,789 shares, netting a total of over 125,378 in proceeds. Following the sale of shares at $33.09 each, the insider now holds 216,877 shares.
Before that, Hallowell Zachary Emerson had sold 4,369 shares from its account. In a trade valued at $144,570, the CEO, CarOffer traded CarGurus Inc shares for $33.09 each. Upon closing the transaction, the insider’s holdings decreased to 4,369 shares, worth approximately $4.1 million.
As published in a research note from Citizens JMP on July 02, 2025, CarGurus Inc [CARG] has been rated down from a Mkt outperform to a Mkt perform. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in late March. As of January 16, 2025, Needham has reiterated its “Buy” rating for CARG. Earlier on June 07, 2024, JMP Securities upgraded its rating. Their new recommendation was “a Mkt outperform” for CARG stock which previously was a “a Mkt perform”.
Analyzing CARG Stock Performance
On last trading session, CarGurus Inc [NASDAQ: CARG] rose 0.15% to $33.7. The stock’s lowest price that day was $33.565, but it reached a high of $34.02 in the same session. During the last five days, there has been a surge of approximately 2.78%. Over the course of the year, CarGurus Inc shares have jumped approximately 34.91%. 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 33.50, which, if violated, would cause prices to drop to 33.31. In the upper region, resistance lies at 33.96. The next price resistance is at 34.22. RSI (Relative Strength Index) is 62.34 on the 14-day chart, showing neutral technical sentiment.
Is CarGurus Inc subject to short interest?
Stocks of CarGurus Inc saw a sharp steep in short interest on 2025-06-13 dropping by -3.85 million shares to 3.47 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 7.32 million shares. A decline of -110.79% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.43 of the overall float, the days-to-cover ratio (short ratio) decline to 4.43.
Which companies own the most shares of CarGurus Inc (CARG)?
In terms of CarGurus Inc share price expectations, FactSet research, analysts set an average price target of 30 in the next 12 months, down nearly -10.85% from the previous closing price of $33.65. Analysts anticipate CarGurus Inc stock to reach 40 by 2025, with the lowest price target being 14. In spite of this, 7 analysts ranked CarGurus Inc stock as Buy at the end of 2025. On February 27, 2024, Needham assigned a price target of “a Buy” to the stock and reiterated coverage with a $24.
