Cargurus, INC

Market Movers (8-K)

NASDAQ
CarGurus, Inc. held its 2026 annual meeting, confirming director elections, ratifying Ernst & Young LLP as auditors, and approving executive compensation.
NASDAQ
CarGurus, Inc. announced robust financial results for 2025, with full-year revenue up 14% and GAAP Net Income soaring 53%, alongside a new $250 million share repurchase program for 2026.
Better than expected
NASDAQ
CarGurus, Inc. announced strong third-quarter 2025 financial results, with Marketplace revenue growing 14% year-over-year, driven by increased dealer adoption of its AI-powered solutions.
Better than expected
NASDAQ
CarGurus announced strong Q2 2025 results for its Marketplace business while strategically deciding to wind down its underperforming CarOffer transactions segment.
Better than expected
NASDAQ
CarGurus, Inc. announced the results of its 2025 annual meeting of stockholders, where all four proposals, including the re-election of two Class II directors and the ratification of Ernst & Young LLP as independent auditors, were approved.
NASDAQ
CarGurus announced a 13% year-over-year increase in marketplace revenue and repurchased $184.2 million in shares during the first quarter of 2025.
Better than expected

Quarterly Earnings (10-Q)

NASDAQ
CarGurus reported a 15% increase in Q1 2026 revenue to $243.6 million, but net income from continuing operations decreased to $32.2 million from $42.1 million in the prior year, impacted by a significant impairment charge.
Worse than expected
NASDAQ
CarGurus reports strong Q3 2025 marketplace revenue growth and net income increase, despite the ongoing wind-down of its CarOffer Digital Wholesale segment.
Better than expected
NASDAQ
CarGurus reports increased Q2 2025 revenue and net income, driven by U.S. Marketplace growth, while announcing the wind-down of its CarOffer Transactions Business.
Better than expected
NASDAQ
CarGurus' Q1 2025 results show a 4% increase in revenue driven by strong marketplace performance, offsetting declines in wholesale and product revenue.
Better than expected
NASDAQ
CarGurus' Q3 2024 results show a revenue increase but are impacted by significant impairment charges and a strategic shift away from online sales.
Worse than expected
NASDAQ
CarGurus' Q2 2024 results show a revenue decrease and a significant net loss due to a goodwill impairment, despite growth in marketplace revenue.
Worse than expected

Annual Reports (10-K)

NASDAQ
CarGurus reported a 14% revenue increase to $907 million in 2025, driven by dealer subscriptions and advertising, while completing the strategic wind-down of its CarOffer business.
Better than expected
NASDAQ
CarGurus' 2024 results show a shift in revenue composition, with strong marketplace growth partially offsetting a significant decline in the digital wholesale segment.
Worse than expected
Capital raise
NASDAQ
CarGurus, Inc.'s 10-K filing outlines the company's authorized capital stock, voting rights, economic rights, and anti-takeover provisions, as well as providing an overview of the business and its operations.
Worse than expected
Capital raise

Insider Trading (Form 4)

NASDAQ
Javier Zamora, General Counsel and Secretary of CarGurus, Inc., sold 3,533 shares of Class A Common Stock for $36.06 per share under a pre-arranged trading plan.
NASDAQ
CarGurus Chief Technology Officer, Matthew Todd Quinn, has sold 3,824 shares of Class A Common Stock for $35.03 per share, executed under a pre-arranged Rule 10b5-1 trading plan.
NASDAQ
CarGurus Chief People Officer Jennifer Ladd Hanson sold 567 shares of Class A Common Stock for $35.03 per share, executed under a pre-arranged trading plan.
NASDAQ
CarGurus COO and President Samuel Zales reported transactions involving Class A Common Stock, including shares withheld for taxes and shares issued upon RSU settlement.
NASDAQ
Javier Zamora, General Counsel and Secretary of CarGurus, Inc., reported a transaction involving the withholding of 4,119 shares of Class A Common Stock to cover tax liabilities.
NASDAQ
CarGurus CEO Jason Trevisan reported a series of transactions involving Class A Common Stock, including shares withheld for taxes and transfers to trusts.

Proxy Statements (Def-14A)

NASDAQ
CarGurus, Inc. announced its 2026 Annual Meeting of Stockholders will be held virtually on June 3, 2026, to elect directors, ratify auditors, and vote on executive compensation.
NASDAQ
CarGurus, Inc. has filed a definitive proxy statement with the SEC, providing information for shareholders regarding the upcoming annual meeting.
NASDAQ
CarGurus, Inc. has released its proxy statement detailing the agenda and procedures for its 2025 Annual Meeting of Stockholders, scheduled for June 4, 2025.
NASDAQ
CarGurus issues a supplement to its proxy statement clarifying the treatment of broker non-votes regarding a proposal to amend its certificate of incorporation related to officer exculpation.
NASDAQ
CarGurus, Inc. has filed a definitive proxy statement with the Securities and Exchange Commission.
NASDAQ
CarGurus, Inc. is holding its 2024 Annual Meeting of Stockholders virtually on June 5, 2024, to vote on director elections, auditor ratification, executive compensation, and an amendment to the company's certificate of incorporation regarding officer exculpation.

Schedule 13G - Passive Investments

NASDAQ
Wellington Management Group LLP and its affiliates have filed a Schedule 13G, reporting beneficial ownership of 7.3% of CarGurus, Inc. common stock as of March 31, 2026.
NASDAQ
Vanguard Capital Management has reported beneficial ownership of 5.08% of CarGurus Inc. common stock as of March 31, 2026.
NASDAQ
Vanguard Portfolio Management has reported a beneficial ownership of 5.8% in CarGurus Inc. common stock as of March 31, 2026.
NASDAQ
The Vanguard Group has reported zero beneficial ownership in CarGurus Inc. common stock following an internal realignment on January 12, 2026.
NASDAQ
ArrowMark Colorado Holdings, LLC has reduced its beneficial ownership in CarGurus, Inc. Class A Common Stock to 4.42%, falling below the 5% reporting threshold.
Worse than expected
NASDAQ
Langley Steinert, Executive Chair of CarGurus, Inc., has reported beneficial ownership of 13.1% of the company's Class A common stock.