Villanova Investment Management Co LLC Buys 98,559 Shares of Cars.com Inc. $CARS

Villanova Investment Management Co LLC boosted its position in shares of Cars.com Inc. (NYSE:CARS) by 36.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 367,070 shares of the company’s stock after purchasing an additional 98,559 shares during the period. Cars.com accounts for approximately 3.1% of Villanova Investment Management Co LLC’s portfolio, making the stock its 5th biggest position. Villanova Investment Management Co LLC owned about 0.60% of Cars.com worth $4,486,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. CWM LLC raised its stake in shares of Cars.com by 119.9% during the 2nd quarter. CWM LLC now owns 4,227 shares of the company’s stock worth $50,000 after purchasing an additional 2,305 shares in the last quarter. GAMMA Investing LLC raised its position in Cars.com by 27.7% during the third quarter. GAMMA Investing LLC now owns 5,898 shares of the company’s stock valued at $72,000 after acquiring an additional 1,279 shares in the last quarter. BNP Paribas Financial Markets raised its position in Cars.com by 30.0% during the second quarter. BNP Paribas Financial Markets now owns 7,025 shares of the company’s stock valued at $83,000 after acquiring an additional 1,623 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in Cars.com by 436.0% in the second quarter. Tower Research Capital LLC TRC now owns 7,960 shares of the company’s stock valued at $94,000 after acquiring an additional 6,475 shares during the last quarter. Finally, State of Wyoming bought a new stake in Cars.com in the second quarter worth approximately $115,000. Hedge funds and other institutional investors own 89.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on CARS shares. DA Davidson reaffirmed a “buy” rating and issued a $13.50 price objective on shares of Cars.com in a research note on Tuesday, November 18th. Weiss Ratings restated a “hold (c-)” rating on shares of Cars.com in a report on Tuesday, January 27th. Wall Street Zen raised Cars.com from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. UBS Group raised their price objective on Cars.com from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $25.00 target price on shares of Cars.com in a research report on Monday, November 3rd. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $17.90.

Insider Buying and Selling at Cars.com

In other Cars.com news, CFO Sonia Jain sold 11,400 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $13.45, for a total value of $153,330.00. Following the completion of the transaction, the chief financial officer owned 243,642 shares of the company’s stock, valued at $3,276,984.90. This represents a 4.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Matthew B. Crawford sold 27,358 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $12.03, for a total value of $329,116.74. Following the completion of the sale, the insider owned 71,103 shares of the company’s stock, valued at $855,369.09. This represents a 27.79% decrease in their position. The SEC filing for this sale provides additional information. 2.12% of the stock is owned by corporate insiders.

Cars.com Stock Performance

Shares of NYSE CARS opened at $11.49 on Monday. Cars.com Inc. has a 12 month low of $9.56 and a 12 month high of $16.72. The company has a market cap of $686.92 million, a P/E ratio of 24.97 and a beta of 1.46. The business’s 50 day moving average is $11.97 and its two-hundred day moving average is $12.00. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.94.

Cars.com Profile

Cars.com operates as a leading online automotive marketplace in the United States, connecting car shoppers with new and used vehicle listings from dealerships and private sellers. The platform enables consumers to research makes and models, compare prices, read expert and user reviews, and access tools such as TrueCost to estimate ownership expenses over time. Through its website and mobile applications, Cars.com aims to simplify the car-buying process by aggregating detailed vehicle data, payment calculators, and dealership ratings into a single user-friendly experience.

On the dealer side, Cars.com provides a suite of marketing and lead-generation services designed to help automotive retailers reach potential buyers and manage their online presence.