CARS Cars.com Inc.

Cars.com, LLC, through its subsidiaries, operates as a digital marketplace, and provides solutions for the automotive industry. Its platform connects car shoppers with sellers. The company, through its marketplace, dealer websites, and other digital products, showcases dealer inventory, elevate and amplify dealers' and automotive manufacturers' (OEMs) brands, connect sellers with ready-to-buy audience, and empower shoppers with the resources and information needed to make car buying decisions. It also offers marketplace products, such as marketplace subscription advertising and social selling services; digital solutions, including Website platform hosting, AI chat tool, digital retailing, and review and reputation management; and advertising comprising display advertising, digital advertising, and in-market audio services. As of December 31, 2020, the company served 18,372 dealer customers in 50 states, which included franchise and independent dealers, with digital and brick-and-mortar stores; and primary automakers selling vehicles in the United States. Its customers are local car dealers, OEMs, and other national advertisers. Cars.com, LLC was founded in 1998 and is based in Chicago, Illinois.

Date	Price Target	Rating	Analyst
8/9/2024	$25.00 → $19.00	Overweight → Neutral	JP Morgan
9/15/2023	$20.00	Neutral	UBS
7/20/2023	$26.00	Buy	B. Riley Securities
7/20/2023	$28.00	Buy	B. Riley Securities
6/27/2023	$23.00	Overweight	JP Morgan
6/21/2022	$19.00 → $16.00	Buy	BTIG Research
2/2/2022		Neutral	Northcoast
11/15/2021	$19.00 → $20.00	Buy	DA Davidson
8/27/2021	$18.00	Buy	Truist Securities

Cars.com Inc.

Peers

Recent Analyst Ratings for Cars.com Inc.

Cars.com Inc. Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

CEO Vetter Thomas Alex bought $299,558 worth of shares (27,870 units at $10.75), increasing direct ownership by 3% to 844,897 units (SEC Form 4)

Kelly Michael Joseph bought $24,949 worth of shares (2,510 units at $9.94), increasing direct ownership by 19% to 15,685 units (SEC Form 4) (Amendment)

Cars.com Inc. Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Wiener Bryan was granted 18,305 shares, increasing direct ownership by 26% to 89,944 units (SEC Form 4)

Director Subramanian Bala was granted 18,305 shares, increasing direct ownership by 20% to 108,311 units (SEC Form 4)

Director Ross Jenell was granted 18,305 shares, increasing direct ownership by 37% to 67,483 units (SEC Form 4)

Director Forbes Scott E was granted 25,530 shares, increasing direct ownership by 15% to 193,388 units (SEC Form 4)

Director Kelly Michael Joseph was granted 18,305 shares, increasing direct ownership by 20% to 109,363 units (SEC Form 4)

Director Mcgovern Jr. Donald A. was granted 18,305 shares, increasing direct ownership by 25% to 92,633 units (SEC Form 4)

Director Greenthal Jill A was granted 18,305 shares, increasing direct ownership by 20% to 109,278 units (SEC Form 4)

Director Hale Thomas E was granted 18,305 shares, increasing direct ownership by 31% to 77,230 units (SEC Form 4)

Director Revelle Greg was granted 18,305 shares, increasing direct ownership by 19% to 117,230 units (SEC Form 4)

Director Devard Jerri was granted 18,305 shares, increasing direct ownership by 19% to 112,230 units (SEC Form 4)