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Here are the top Institutional holders of Cars.com (CARS) shares

Cars.com (NYSE: CARS) is -1.74% lower on its value in year-to-date trading and has touched a low of $14.82 and a high of $22.84 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CARS stock was last observed hovering at around $17.07 in the last trading session, with the day’s gains setting it 1.57%.

Currently trading at $18.64, the stock is 11.48% and 8.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing 9.20% at the moment leaves the stock 3.22% off its SMA200. CARS registered 2.81% gain for a year compared to 6-month loss of -0.75%.

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The stock witnessed a 10.82% gain in the last 1 month and extending the period to 3 months gives it a -0.37%, and is 10.30% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.53% over the week and 2.47% over the month.

Cars.com (CARS) has around 1700 employees, a market worth around $1.23B and $689.18M in sales. Current P/E ratio is 10.77 and Fwd P/E is 7.81. Profit margin for the company is 17.19%. Distance from 52-week low is 25.78% and -18.39% from its 52-week high. The company has generated returns on investments over the last 12 months (12.08%).

The EPS is expected to shrink by -49.74% this year

The shares outstanding are 65.93M, and float is at 60.31M with Short Float at 2.87%.

Cars.com (CARS) Insider Activity

The most recent transaction is an insider sale by Miller Douglas Neal, the company’s Pres. and Chief Comm. Officer. SEC filings show that Miller Douglas Neal sold 14,344 shares of the company’s common stock on Mar 08 ’24 at a price of $18.54 per share for a total of $0.27 million. Following the sale, the insider now owns 0.17 million shares.

Cars.com disclosed in a document filed with the SEC on Mar 07 ’24 that Miller Douglas Neal (Pres. and Chief Comm. Officer) sold a total of 1,823 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $18.50 per share for $33726.0. Following the transaction, the insider now directly holds 0.18 million shares of the CARS stock.

Still, SEC filings show that on Mar 06 ’24, Miller Douglas Neal (Pres. and Chief Comm. Officer) disposed off 16,167 shares at an average price of $18.15 for $0.29 million. The insider now directly holds 183,419 shares of Cars.com (CARS).

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