Rise in CARG’s short interest indicates Bearish sentiment

Samantha Gray

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. CarGurus Inc shares valued at $349,200 were sold by Zales Samuel on Oct 16 ’25. At $34.92 per share, Zales Samuel sold 10,000 shares. The insider’s holdings dropped to 420,259 shares worth approximately $14.35 million following the completion of this transaction.

Also, Zales Samuel purchased 10,000 shares, netting a total of over 349,200 in proceeds.

Before that, Hanson Jennifer Ladd had sold 567 shares from its account. In a trade valued at $21,376, the Chief People Officer traded CarGurus Inc shares for $37.70 each. Upon closing the transaction, the insider’s holdings decreased to 567 shares, worth approximately $1.84 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 -0.38% to $34.15. The stock’s lowest price that day was $33.87, but it reached a high of $34.63 in the same session. During the last five days, there has been a drop of approximately -5.69%. Over the course of the year, CarGurus Inc shares have jumped approximately 8.10%. 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 33.80, which, if violated, would cause prices to drop to 33.46. In the upper region, resistance lies at 34.56. The next price resistance is at 34.98. RSI (Relative Strength Index) is 39.49 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 2025-10-15 jumping by 0.63 million shares to 4.43 million. Data from Yahoo Finance shows that the short interest on 2025-09-15 was 3.8 million shares. A jump of 14.21% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.88 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.88.

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 16.69% from the previous closing price of $34.28. 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.

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.