Negative sentiment towards CARG reflected by a jump of 15.84% in short interest

Samantha Gray

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CarGurus Inc shares valued at $89,840 were purchased by Hanson Jennifer Ladd on Dec 31 ’25. At $38.10 per share, Hanson Jennifer Ladd acquired 2,358 shares.

Also, Trevisan Jason sold 16,548 shares, netting a total of over 645,703 in proceeds. Following the sale of shares at $39.02 each, the insider now holds 630,483 shares.

Before that, Trevisan Jason had sold 8,452 shares from its account. In a trade valued at $329,966, the Chief Executive Officer traded CarGurus Inc shares for $39.04 each. Upon closing the transaction, the insider’s holdings decreased to 8,452 shares, worth approximately $24.81 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] rose 0.52% to $38.35. The stock’s lowest price that day was $38.065, but it reached a high of $38.5 in the same session. During the last five days, there has been a drop of approximately -1.74%. Over the course of the year, CarGurus Inc shares have jumped approximately 3.45%. 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 38.11, which, if violated, would cause prices to drop to 37.87. In the upper region, resistance lies at 38.54. The next price resistance is at 38.74. RSI (Relative Strength Index) is 59.93 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 2025-12-15 jumping by 0.85 million shares to 5.36 million. Data from Yahoo Finance shows that the short interest on 2025-11-14 was 4.51 million shares. A jump of 15.84% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.24 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.24.

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 42 in the next 12 months, up nearly 10.09% from the previous closing price of $38.15. Analysts anticipate CarGurus Inc stock to reach 45 by 2026, with the lowest price target being 37.5. In spite of this, 7 analysts ranked CarGurus Inc stock as Buy at the end of 2026. 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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