Company CarGurus, Inc.

Equities

CARG

US1417881091

Internet Services

Market Closed - Nasdaq 21:00:00 02/05/2024 BST 5-day change 1st Jan Change
22.91 USD +2.64% Intraday chart for CarGurus, Inc. 0.00% -5.17%

Business Summary

CarGurus, Inc. (CarGurus) is a multinational, online automotive platform for buying and selling vehicles that offers both digital retail solutions and the CarOffer digital wholesale platform. The CarGurus platform enables consumers to buy and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, instantly acquire, effectively market, and quickly sell vehicles, all with a nationwide reach. The Company operates through two segments: U.S. Marketplace and Digital Wholesale. The U.S. Marketplace segment provides marketplace services for customers within the United States. The Digital Wholesale segment provides Dealer-to-Dealer and Instant Max Cash Offer (IMCO) services and products which are sold on the CarOffer platform. The Company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. It also operates the Autolist and PistonHeads online marketplaces in the United States and the United Kingdom.

Number of employees: 1,343

Sales per Business

USD in Million2022Weight2023Weight Delta
United States Marketplace
70.8 %
614 37.1 % 647 70.8 % +5.40%
Digital Wholesale
23.6 %
996 60.2 % 216 23.6 % -78.32%
Other
5.6 %
45 2.7 % 51 5.6 % +14.15%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
94.4 %
1,610 97.3 % 863 94.4 % -46.39%
International
5.6 %
45 2.7 % 51 5.6 % +14.15%

Managers

Managers TitleAgeSince
Founder 60 09/11/05
Chief Executive Officer 49 15/09/15
Director of Finance/CFO - 12-03
President 60 20/11/14
Chief Tech/Sci/R&D Officer - 08/12/21
Investor Relations Contact - 30/04/21
General Counsel 53 26/07/22
Sales & Marketing 60 15/11/21
Corporate Officer/Principal - 01-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 60 31/07/18
Chief Executive Officer 49 15/09/15
Director/Board Member 61 31/05/07
Founder 60 09/11/05
Director/Board Member 51 21/03/18
Director/Board Member 51 04/06/18
Director/Board Member 47 13/07/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 10 15,999,173 0 0 79.79 %
Stock B 1 91,439,976 85,728,573 ( 93.75 %) 0

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
15.67 %
14,332,601 15.67 % 331 M $
Vanguard Fiduciary Trust Co.
11.04 %
10,091,294 11.04 % 233 M $
ArrowMark Colorado Holdings LLC
9.712 %
8,880,926 9.712 % 205 M $
Wellington Management Co. LLP
6.240 %
5,705,962 6.240 % 132 M $
Foxhaven Asset Management LP
5.484 %
5,014,932 5.484 % 116 M $
Eaton Vance Management
5.348 %
4,890,656 5.348 % 113 M $
Foxhaven Asset Management LP
5.084 %
4,649,200 5.084 % 107 M $
3,264,847 3.570 % 75 M $
2,605,420 2.849 % 60 M $
Dimensional Fund Advisors LP
2.415 %
2,208,420 2.415 % 51 M $
NameEquities%Valuation
14,150,887 68.36 % 327 M $
891,720 4.307 % 21 M $
458,960 2.217 % 11 M $
328,016 1.584 % 8 M $
Oliver Chrzan
0.000000 %
0 0.000000 % - $
Samuel Zales
0.000000 %
0 0.000000 % - $

Company contact information

Cargurus, Inc.

55 Cambridge Parkway 6th floor

02142, Cambridge

+617 354 0068

http://www.cargurus.com
address CarGurus, Inc.(CARG)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
22.91 USD
Average target price
25.18 USD
Spread / Average Target
+9.92%
Consensus
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