CarGurus Ownership

CARG Stock  USD 37.82  0.18  0.48%   
CarGurus holds a total of 87.95 Million outstanding shares. The majority of CarGurus outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CarGurus to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in CarGurus. Please pay attention to any change in the institutional holdings of CarGurus as this could imply that something significant has changed or is about to change at the company. On April 1, 2021, Senator John W Hickenlooper of US Senate acquired under $15k worth of CarGurus's common stock.
 
Shares in Circulation  
First Issued
2016-09-30
Previous Quarter
103.8 M
Current Value
105.1 M
Avarage Shares Outstanding
113 M
Quarterly Volatility
M
 
Covid
Some institutional investors establish a significant position in stocks such as CarGurus in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of CarGurus, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
The CarGurus' current Dividend Paid And Capex Coverage Ratio is estimated to increase to 5.82, while Dividends Paid is projected to decrease to roughly 80.8 K. The CarGurus' current Common Stock Shares Outstanding is estimated to increase to about 119.1 M. The CarGurus' current Net Income Applicable To Common Shares is estimated to increase to about 234 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.

CarGurus Stock Ownership Analysis

About 96.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.56. CarGurus recorded a loss per share of 0.45. The entity had not issued any dividends in recent years. CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts. Cargurus Inc operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. It employs 1203 people. For more info on CarGurus please contact Jason Trevisan at 617 354 0068 or go to https://www.cargurus.com.
Besides selling stocks to institutional investors, CarGurus also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different CarGurus' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align CarGurus' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

CarGurus Quarterly Liabilities And Stockholders Equity

778.16 Million

CarGurus Insider Trades History

Roughly 2.0% of CarGurus are currently held by insiders. Unlike CarGurus' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against CarGurus' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of CarGurus' insider trades
 
Covid

CarGurus Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as CarGurus is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CarGurus backward and forwards among themselves. CarGurus' institutional investor refers to the entity that pools money to purchase CarGurus' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Vitruvian Partners2024-06-30
1.4 M
Thrivent Financial For Lutherans2024-09-30
1.3 M
Fort Washington Investment Advisors Inc2024-09-30
1.2 M
Prevatt Capital Ltd2024-06-30
1.1 M
Select Equity Group Lp2024-09-30
1.1 M
Charles Schwab Investment Management Inc2024-09-30
M
Sunriver Management Llc2024-09-30
M
Northern Trust Corp2024-09-30
893 K
Glenmede Trust Co Na2024-09-30
780 K
Blackrock Inc2024-06-30
12.7 M
Vanguard Group Inc2024-09-30
9.5 M
Note, although CarGurus' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

CarGurus Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific CarGurus insiders, such as employees or executives, is commonly permitted as long as it does not rely on CarGurus' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases CarGurus insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

CarGurus' latest congressional trading

Congressional trading in companies like CarGurus, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in CarGurus by those in governmental positions are based on the same information available to the general public.
2021-04-01Senator John W HickenlooperAcquired Under $15KVerify
2021-03-31Senator John W HickenlooperAcquired Under $15KVerify

CarGurus Outstanding Bonds

CarGurus issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. CarGurus uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most CarGurus bonds can be classified according to their maturity, which is the date when CarGurus has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

CarGurus Corporate Filings

F4
25th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
7th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
3rd of October 2024
Other Reports
ViewVerify

Currently Active Assets on Macroaxis

When determining whether CarGurus is a strong investment it is important to analyze CarGurus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CarGurus' future performance. For an informed investment choice regarding CarGurus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CarGurus. If investors know CarGurus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CarGurus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.265
Earnings Share
(0.45)
Revenue Per Share
8.361
Quarterly Revenue Growth
0.054
Return On Assets
0.0563
The market value of CarGurus is measured differently than its book value, which is the value of CarGurus that is recorded on the company's balance sheet. Investors also form their own opinion of CarGurus' value that differs from its market value or its book value, called intrinsic value, which is CarGurus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CarGurus' market value can be influenced by many factors that don't directly affect CarGurus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CarGurus' value and its price as these two are different measures arrived at by different means. Investors typically determine if CarGurus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarGurus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.