← BackCarGurus, Inc. · Data processing and cloudCARG
Low riskNext report: Around Nov 5 (est.)
The short versionA high-quality, profitable business with growing sales. Institutions are trimming.
Going well
- Sales up 13% in the latest quarter vs a year ago
- Profitable every year for 10 years
- Sales up 14% last year
Money moves
- Insiders sold $710K in the last 30 days, all through pre-planned sales
- Institutions cut 3% from their holdings in the quarter ending June 2026 (173 bought, 192 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$31.17-1.1% that day
- Company value
- $2.8B
- Share price times all shares
- Price vs profit (P/E)
- 16.9x
- You pay about $17 for each $1 of yearly profit
- Price vs sales
- 2.9x
- Company value is 2.9 times a year of sales
- Cash vs value
- 4%
- Cash as a share of company value
From CARG's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$251.0M+13% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $967.3M, up 14% from the 12 months before. Over 5 years, sales grew about 11% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.34.0%
- PassDebt under half of equityNot relying on borrowed money.0.00x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.17.2%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$288.9M
- PassShare count not growingNot diluting owners. Falling means buybacks.-21.6% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.92.8%
- Revenue
- $907.0M
- +13.7% vs prior year
- 5-year growth
- +10.5%/yr
- revenue, per year
- Total debt
- None
- 0.00x equity
- Current ratio
- 2.81x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $251.0M
- +13.1% YoY
- EPS
- $0.54
- vs $0.22
- Op. margin
- 25.1%
- -2.2 pts
- Gross margin
- 92.1%
- -0.8 pts
- Free cash flow
- $94.0M
- Share count
- -9.1%
- vs a year ago
Insider rating
Last 90 days
45Mixed
- Pre-planned sales of $710K (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
43/ 100
- This week
- 2
- Normal week
- 2.5
- vs normal
- 0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-3.0%Institutions cut 3.0% from their holdings. 173 bought, 192 sold. 3 quarters of net selling in a row.
Shares held by institutions79.9M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-7.3%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
No debt reportedShares outstandingLatest reported
91MNext reportAround Nov 5 (est.)Estimated from the same quarter last year
- Results filedAug 6
- Results filedMay 7
- Results filedFeb 19
- Results filedNov 6, 2025
- Results filedAug 7, 2025
Insider trades
Open-market buys and sells, last 90 days Bought$00 insiders
Sold$710K4 insiders, 4 pre-planned
| Insider | Trade | Shares | Avg price | Value | Owns after | Date |
|---|
Samuel ZalesCOO and President | Sell | 10K | $30.31 | $303K | 430K | |
- -2.3% of their holdings
- Pre-planned sale (10b5-1)
- Filed 1 day after
|
Dafna SarnoffChief Marketing Officer | Sell | 7K | $29.62 | $214K | 95K | |
- -7.1% of their holdings
- Pre-planned sale (10b5-1)
- Filed 3 days after
|
Matthew Todd QuinnChief Technology Officer | Sell | 4K | $29.62 | $113K | 220K | |
- -1.7% of their holdings
- Pre-planned sale (10b5-1)
- Filed 3 days after
|
Ismail ElshareefChief Product Officer | Sell | 3K | $29.62 | $79K | 128K | |
- -2% of their holdings
- Pre-planned sale (10b5-1)
- Filed 3 days after
|
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Stock awardMatthew Charles MandelCFO and Treasurer
175,083 shares
- Now owns 175,083 shares
- Filed 2 days after trade
SoldSamuel ZalesCOO and President
10,000 shares at $30.31 · $303K
- -2% of holdings
- Now owns 429,735 shares
- Pre-planned sale (10b5-1)
- Filed 1 day after trade
Stock awardMatthew Todd QuinnChief Technology Officer
5,911 shares
- +3% of holdings
- Now owns 226,104 shares
- Filed 4 days after trade
Stock awardDafna SarnoffChief Marketing Officer
5,911 shares
- +6% of holdings
- Now owns 100,795 shares
- Filed 4 days after trade
Shares withheld for taxesLangley SteinertExecutive Chair, Director, 10% owner
12,653 shares at $29.73 · $376K
- -1% of holdings
- Now owns 884,483 shares
- Filed 4 days after trade
Shares withheld for taxesJason TrevisanChief Executive Officer, Director
21,509 shares at $29.73 · $639K
- -3% of holdings
- Now owns 653,253 shares
- Filed 4 days after trade