CarGurus Inc’s recently made public that its Officer Elshareef Ismail acquired Company’s shares for reported $46375.0 on Jul 10 ’25. In the deal valued at $35.00 per share,1,325 shares were bought.
Then, Zamora Javier bought 6,154 shares, generating $215,390 in total proceeds.
Before that, Sarnoff Dafna sold 4,168 shares. CarGurus Inc shares valued at $137,919 were divested by the Chief Marketing Officer at a price of $33.09 per share. As a result of the transaction, Sarnoff Dafna now holds 115,183 shares, worth roughly $3.95 million.
Citizens JMP downgraded its CarGurus Inc [CARG] rating to a Mkt perform from a a Mkt outperform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late March from “an Overweight” to “a Neutral”. Needham also remained covering CARG and reiterated its “Buy” recommendation on January 16, 2025. JMP Securities revised its rating on June 07, 2024. It rated CARG as “a Mkt outperform” which previously was an “a Mkt perform”.
Price Performance Review of CARG
On Friday, CarGurus Inc [NASDAQ:CARG] saw its stock fall -1.10% to $34.3. Over the last five days, the stock has gained 1.78%. CarGurus Inc shares have risen nearly 37.31% since the year began. Nevertheless, the stocks have fallen -6.13% over the past one year. While a 52-week high of $41.33 was reached on 01/30/25, a 52-week low of $21.65 was recorded on 04/07/25.
Levels Of Support And Resistance For CARG Stock
The 24-hour chart illustrates a support level at 33.97, which if violated will result in even more drops to 33.64. On the upside, there is a resistance level at 34.60. A further resistance level may holdings at 34.90.
How much short interest is there in CarGurus Inc?
A steep rise in short interest was recorded in CarGurus Inc stocks on 2025-06-13, dropping by -3.85 million shares to a total of 3.47 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 7.32 million shares. There was a decline of -110.79%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 27, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $24.
