Cars.com (CARS) receives an Overweight rating from JP Morgan

In a filing, Cars.com revealed its CEO Vetter Thomas Alex acquired Company’s shares for reported $0.3 million on May 09 ’25. In the deal valued at $10.75 per share,27,870 shares were bought. As a result of this transaction, Vetter Thomas Alex now holds 844,897 shares worth roughly $10.87 million.

Then, Greenthal Jill A sold 10,990 shares, generating $218,152 in total proceeds. Upon selling the shares at $19.85, the Director now owns 90,973 shares.

Before that, Greenthal Jill A bought 10,990 shares. Cars.com shares valued at $217,603 were divested by the Director at a price of $19.80 per share.

JP Morgan upgraded its Cars.com [CARS] rating to an Overweight from a a Neutral 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 early August from “an Overweight” to “a Neutral”. UBS began covering CARS with “Neutral” recommendation on September 15, 2023. B. Riley Securities started covering the stock on July 20, 2023. It rated CARS as “a Buy”.

Price Performance Review of CARS

On Friday, Cars.com [NYSE:CARS] saw its stock fall -0.85% to $12.87. Over the last five days, the stock has gained 2.31%. Cars.com shares have fallen nearly -35.81% since the year began. Nevertheless, the stocks have fallen -25.74% over the past one year. While a 52-week high of $21.24 was reached on 01/30/25, a 52-week low of $9.56 was recorded on 05/08/25.

Levels Of Support And Resistance For CARS Stock

The 24-hour chart illustrates a support level at 12.68, which if violated will result in even more drops to 12.50. On the upside, there is a resistance level at 13.09. A further resistance level may holdings at 13.32.

How much short interest is there in Cars.com?

A steep rise in short interest was recorded in Cars.com stocks on 2025-06-13, growing by 0.6 million shares to a total of 4.13 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 3.53 million shares. There was a rise of 14.55%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on June 27, 2023 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $23 price target.

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