CarGurus Ownership
| CARG Stock | USD 22.46 0.39 1.71% |
Shares in Circulation | First Issued 2016-09-30 | Previous Quarter 114.3 M | Current Value 111 M | Avarage Shares Outstanding 113.7 M | Quarterly Volatility 5.8 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.
CarGurus |
CarGurus Stock Ownership Analysis
About 97.0% of the company shares are held by institutions such as insurance companies. The book value of CarGurus was currently reported as 5.7. The company has Price/Earnings To Growth (PEG) ratio of 1.35. CarGurus 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 |
|
CarGurus Insider Trades History
Roughly 3.0% 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
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 | Dragoneer Investment Group, Llc | 2023-12-31 | 1.8 M | Man Group Plc | 2023-12-31 | 1.6 M | Vitruvian Partners | 2023-12-31 | 1.4 M | Thrivent Financial For Lutherans | 2023-12-31 | 1.3 M | Northern Trust Corp | 2023-12-31 | 1 M | Prevatt Capital Ltd | 2023-12-31 | 1000 K | Charles Schwab Investment Management Inc | 2023-12-31 | 924.7 K | Select Equity Group Lp | 2023-12-31 | 908.5 K | Fort Washington Investment Advisors Inc | 2023-12-31 | 839.9 K | Blackrock Inc | 2023-12-31 | 15 M | Vanguard Group Inc | 2023-12-31 | 10.1 M |
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.
Samuel Zales over two weeks ago Disposition of 17668 shares by Samuel Zales of CarGurus at 0.16 subject to Rule 16b-3 | ||
Dafna Sarnoff over a month ago Disposition of 10573 shares by Dafna Sarnoff of CarGurus at 22.56 subject to Rule 16b-3 | ||
Samuel Zales over three months ago Payment of 97 shares by Samuel Zales of CarGurus subject to Rule 16b-3 | ||
Javier Zamora over three months ago Payment of 1155 shares by Javier Zamora of CarGurus subject to Rule 16b-3 | ||
Samuel Zales over six months ago Payment of 15454 shares by Samuel Zales of CarGurus subject to Rule 16b-3 | ||
Samuel Zales over six months ago Exercise or conversion by Samuel Zales of 8000 shares of CarGurus subject to Rule 16b-3 | ||
Samuel Zales over a year ago Payment of 15453 shares by Samuel Zales of CarGurus subject to Rule 16b-3 | ||
Samuel Zales over a year ago Acquisition by Samuel Zales of 92015 shares of CarGurus subject to Rule 16b-3 |
CarGurus Corporate Filings
| 26th of April 2024 Other Reports | ViewVerify | |
F4 | 17th of April 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 |
| 12th of April 2024 Other Reports | ViewVerify | |
13A | 8th of March 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Pair Trading with CarGurus
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CarGurus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CarGurus will appreciate offsetting losses from the drop in the long position's value.Moving against CarGurus Stock
| 0.42 | SE | Sea Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to CarGurus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CarGurus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CarGurus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CarGurus to buy it.
The correlation of CarGurus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CarGurus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CarGurus moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CarGurus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for CarGurus Stock analysis
When running CarGurus' price analysis, check to measure CarGurus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarGurus is operating at the current time. Most of CarGurus' value examination focuses on studying past and present price action to predict the probability of CarGurus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarGurus' price. Additionally, you may evaluate how the addition of CarGurus to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
Is CarGurus' industry 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 0.166 | Earnings Share 0.19 | Revenue Per Share 8.073 | Quarterly Revenue Growth (0.22) | Return On Assets 0.0222 |
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.