Vanguard Group Inc. Sells 1,330,328 Shares of Cars.com Inc. $CARS

Posted by on May 15th, 2026

Vanguard Group Inc. lowered its holdings in shares of Cars.com Inc. (NYSE:CARS – Free Report) by 20.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 5,216,380 shares of the company’s stock after selling 1,330,328 shares during the period. Vanguard Group Inc. owned 8.72% of Cars.com worth $63,640,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BNP Paribas Financial Markets grew its holdings in Cars.com by 30.0% during the second quarter. BNP Paribas Financial Markets now owns 7,025 shares of the company’s stock worth $83,000 after purchasing an additional 1,623 shares during the period. Tower Research Capital LLC TRC grew its holdings in Cars.com by 436.0% during the second quarter. Tower Research Capital LLC TRC now owns 7,960 shares of the company’s stock worth $94,000 after purchasing an additional 6,475 shares during the period. Virtus Advisers LLC bought a new position in Cars.com during the third quarter worth about $100,000. State of Wyoming bought a new position in Cars.com during the second quarter worth about $115,000. Finally, AXA S.A. bought a new position in Cars.com during the second quarter worth about $126,000. Institutional investors own 89.15% of the company’s stock.

Cars.com Trading Down 0.9%

Shares of NYSE:CARS opened at $10.31 on Friday. Cars.com Inc. has a 12-month low of $7.40 and a 12-month high of $13.97. The stock has a market cap of $576.38 million, a PE ratio of 23.98 and a beta of 1.64. The business has a 50 day moving average of $9.41 and a 200-day moving average of $10.83. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 0.98.

Cars.com (NYSE:CARS – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.03). Cars.com had a return on equity of 18.12% and a net margin of 3.73%.The firm had revenue of $180.22 million for the quarter, compared to the consensus estimate of $180.16 million. During the same quarter in the prior year, the firm earned $0.37 EPS. The company’s revenue was up .7% on a year-over-year basis. As a group, equities research analysts forecast that Cars.com Inc. will post 1.83 earnings per share for the current year.

Wall Street Analyst Weigh In

CARS has been the subject of a number of research analyst reports. DA Davidson reiterated a “buy” rating and set a $13.00 price target on shares of Cars.com in a 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. JPMorgan Chase & Co. lifted their price target on Cars.com from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. UBS Group lifted their price target on Cars.com from $11.00 to $12.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Weiss Ratings cut Cars.com from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 1st. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $14.67.

View Our Latest Stock Report on CARS

Cars.com Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding CARS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cars.com Inc. (NYSE:CARS – Free Report).

Institutional Ownership by Quarter for Cars.com (NYSE:CARS)

Receive News & Ratings for Cars.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cars.com and related companies with MarketBeat.com's FREE daily email newsletter.