CarGurus Inc [CARG] short interest surges, jumping by 3.8 million million shares

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 $21,376 were sold by Hanson Jennifer Ladd on Oct 02 ’25. At $37.70 per share, Hanson Jennifer Ladd sold 567 shares. The insider’s holdings dropped to 54,004 shares worth approximately $1.88 million following the completion of this transaction.

Also, Quinn Matthew Todd sold 3,789 shares, netting a total of over 142,845 in proceeds. Following the sale of shares at $37.70 each, the insider now holds 204,631 shares.

Before that, Sarnoff Dafna had sold 4,167 shares from its account. In a trade valued at $157,096, the Chief Marketing Officer traded CarGurus Inc shares for $37.70 each. Upon closing the transaction, the insider’s holdings decreased to 4,167 shares, worth approximately $3.56 million.

As published in their initiating research note from Gordon Haskett on July 14, 2025, CarGurus Inc [CARG] has been a Hold and the price target has been revised to $35. Analysts at Citizens JMP downgraded the stock from ‘”a Mkt outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early July. As of March 27, 2025, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for CARG. Earlier on January 16, 2025, Needham resumed its rating. Their recommendation was “a Buy” for CARG stock.

Analyzing CARG Stock Performance

On last trading session, CarGurus Inc [NASDAQ: CARG] plunged -2.06% to $34.77. The stock’s lowest price that day was $34.67, but it reached a high of $35.8199 in the same session. During the last five days, there has been a drop of approximately -7.40%. Over the course of the year, CarGurus Inc shares have jumped approximately 18.71%. 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 34.35, which, if violated, would cause prices to drop to 33.94. In the upper region, resistance lies at 35.50. The next price resistance is at 36.24. RSI (Relative Strength Index) is 39.57 on the 14-day chart, showing neutral technical sentiment.

Is CarGurus Inc subject to short interest?

Stocks of CarGurus Inc saw a sharp rise in short interest on 2025-09-15 jumping by 0.3 million shares to 3.8 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 3.5 million shares. A jump of 7.81% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.67 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.67.

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 40 in the next 12 months, up nearly 12.68% from the previous closing price of $35.5. Analysts anticipate CarGurus Inc stock to reach 40 by 2025, with the lowest price target being 40. In spite of this, 7 analysts ranked CarGurus Inc stock as Buy at the end of 2025. On June 07, 2024, JMP Securities assigned a price target of “a Mkt outperform” to the stock and upgraded coverage with a $30.

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