CARG Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own CARG shares is 386, representing 96.02% of the company's common stock.

NORDEA INVESTMENT MANAGEMENT AB, in the last quarter, reduced its stake in CARG by -0.82% restricting it's holding to 307.11 thousand shares of worth nearly $7.17M. ALLIANCEBERNSTEIN L.P. also lessened -55.92% of the CARG shares from its portfolio, reducing its holding to 295.3 thousand shares of worth $6.82M. AMERICAN CENTURY COMPANIES INC also shunned CARG shares holding by -52.13% last quarter which brought its holding to 274.66 thousand shares worth $6.34M.

As per its latest 13F filing, ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC increased its stake in CARG by 0.65% in the last quarter. The institutional holder raised its holding to 295.63 thousand shares having worth more than $6.82M. DANA INVESTMENT ADVISORS, INC. also added 100% more shares of CARG to its portfolio, raising its holding to 283.87 thousand shares of worth $6.55M. ARROWSTREET CAPITAL, LIMITED PARTNERSHIP also increased its CARG shares holding by 49.12% which brought its holding to 283.41 thousand shares worth $6.54M.

The insider with the most stakes in CARG is Trevisan Jason , Chief Executive Officer at the company. Additionally, CARG stock is highly held by COO and President Zales Samuel and Chief Technology Officer Quinn Matthew Todd among others.

Company executives, directors, and other insiders own 1.82% percent of CarGurus, Inc.'s stock. Within the last six months, there have been 33 transaction(s) in which CARG insiders have sold stock, totaling 373.03K shares. Insiders that have sold shares include HALLOWELL ZACHARY EMERSON, STEINERT LANGLEY, and SARNOFF DAFNA.

There have been 0 transaction(s) during the past 6-months in which CarGurus, Inc. insiders have bought stock, totalling 0 shares

Around 7.05M CarGurus, Inc. shares are held by insiders, which represents about 1.82% of CARG stock.

CARG Chief Executive Officer, Trevisan Jason holds the largest portfolio of the company's shares. CARG shares owned by Trevisan total nearly 779.61 thousand.

KNIGHTSBRIDGE ASSET MANAGEMENT, LLC is the largest institutional owner in CARG which holds 337.95 thousand shares worth $8.16M or 0.3% of the total CARG shares outstanding followed by NORDEA INVESTMENT MANAGEMENT AB with ownership of 307.11 thousand shares representing 0.27% of the CARG ownership. ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC is the third largest stakeholder with 295.63 thousand shares or 0.26% of the ownership worth more than $6.82M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the CARG is concerned, it is a stock which is optionable.

Number of CARG shares short is 5.65M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 87.95M shares of CARG are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, CARG has 85.98M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for CARG is 8.99.