Cars.com Inc. $CARS Shares Purchased by Sei Investments Co.

Sei Investments Co. raised its position in Cars.com Inc. (NYSE:CARS) by 47.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 308,255 shares of the company’s stock after acquiring an additional 98,499 shares during the period. Sei Investments Co.’s holdings in Cars.com were worth $2,503,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in CARS. Royal Bank of Canada increased its holdings in shares of Cars.com by 122.8% during the 1st quarter. Royal Bank of Canada now owns 29,655 shares of the company’s stock worth $334,000 after buying an additional 16,347 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Cars.com by 23.4% in the first quarter. AQR Capital Management LLC now owns 33,860 shares of the company’s stock valued at $382,000 after acquiring an additional 6,416 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Cars.com by 19.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 242,251 shares of the company’s stock worth $2,730,000 after acquiring an additional 39,561 shares during the period. JPMorgan Chase & Co. grew its position in Cars.com by 62.3% in the second quarter. JPMorgan Chase & Co. now owns 218,358 shares of the company’s stock worth $2,588,000 after acquiring an additional 83,848 shares during the period. Finally, Invesco Ltd. increased its stake in Cars.com by 4.8% during the second quarter. Invesco Ltd. now owns 223,879 shares of the company’s stock worth $2,653,000 after acquiring an additional 10,276 shares during the last quarter. Hedge funds and other institutional investors own 89.15% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. DA Davidson restated a “buy” rating and issued a $13.00 target price on shares of Cars.com in a research report on Monday, April 13th. B. Riley Financial cut Cars.com from a “buy” rating to a “neutral” rating and set a $13.00 price target for the company. in a report on Friday, May 8th. UBS Group raised their price objective on Cars.com from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Friday. JPMorgan Chase & Co. boosted their price objective on shares of Cars.com from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, Zacks Research cut shares of Cars.com from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $14.83.

Insider Activity

In related news, CFO Sonia Jain sold 34,021 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $9.49, for a total transaction of $322,859.29. Following the transaction, the chief financial officer owned 312,833 shares of the company’s stock, valued at approximately $2,968,785.17. This represents a 9.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.36% of the company’s stock.

Cars.com Stock Up 5.0%

Cars.com stock opened at $12.32 on Friday. The company has a market capitalization of $688.95 million, a PE ratio of 21.62 and a beta of 1.60. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.87 and a current ratio of 2.00. Cars.com Inc. has a fifty-two week low of $7.40 and a fifty-two week high of $13.97. The firm has a 50 day moving average price of $10.90 and a 200 day moving average price of $10.32.

Cars.com (NYSE:CARS) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.51 EPS for the quarter, hitting analysts’ consensus estimates of $0.51. Cars.com had a return on equity of 18.82% and a net margin of 4.73%.The company had revenue of $179.93 million for the quarter, compared to analysts’ expectations of $180.53 million. During the same period in the prior year, the firm earned $0.41 earnings per share. The firm’s revenue was up .7% compared to the same quarter last year. Research analysts expect that Cars.com Inc. will post 1.59 earnings per share for the current year.

More Cars.com News

Here are the key news stories impacting Cars.com this week:

• Positive Sentiment: Strong earnings quality and profitability: Second-quarter revenue rose approximately 1% year over year to $179.9 million, while net income more than doubled to $14.3 million. Adjusted EBITDA increased 4% to $53.0 million, producing a 29.4% margin that exceeded the company’s 28%-29% target range. Adjusted EPS of $0.51 also surpassed the $0.49 Zacks consensus estimate and increased from $0.41 a year earlier. Cars.com Reports Second Quarter 2026 Results
• Positive Sentiment: Capital returns support the stock: Cars.com repurchased 3.7 million shares for $37 million during the quarter and 6.2 million shares for $57 million year to date, putting it on pace for its $90 million 2026 repurchase goal. The buybacks can support per-share results and signal management’s confidence in the company’s valuation. Cars.com Q2 Results
• Positive Sentiment: Analyst support remains favorable: BTIG Research reaffirmed its “Buy” rating and assigned a $14 price target, implying roughly 14% upside from the referenced $12.32 level. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Guidance was broadly maintained: Full-year revenue guidance remains $723.2 million-$737.7 million, versus a $729.0 million consensus estimate. Third-quarter revenue guidance of $183.9 million-$187.6 million is modestly above the $183.0 million consensus, but the outlook still calls for only flat-to-2% growth. Cars.com Q2 Earnings Call Transcript
• Negative Sentiment: Platform-exit concerns could pressure growth: A Seeking Alpha analysis argues that consumers and dealers are leaving Cars.com, raising questions about traffic, customer retention and the durability of Marketplace growth. In addition, OEM and National revenue fell 18% year over year, partially offsetting more than 7% growth in Marketplace revenue. Cars.com Consumers and Dealers Analysis

About Cars.com

Cars.com operates as a leading online automotive marketplace in the United States, connecting car shoppers with new and used vehicle listings from dealerships and private sellers. The platform enables consumers to research makes and models, compare prices, read expert and user reviews, and access tools such as TrueCost to estimate ownership expenses over time. Through its website and mobile applications, Cars.com aims to simplify the car-buying process by aggregating detailed vehicle data, payment calculators, and dealership ratings into a single user-friendly experience.

On the dealer side, Cars.com provides a suite of marketing and lead-generation services designed to help automotive retailers reach potential buyers and manage their online presence.