CarGurus, Inc. (CARG) shareholders
CARGNasdaqServices-Computer Processing & Data PreparationFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 20/3025% below fair value
$34.81+0.54 (+1.58%)
Close on Nov 13, 2026Market cap $3.10BP/E 17.6Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
89.7%
80M of 89M shares
Institutional holders
369
63 new, 50 sold out
Net institutional buying
-2M
In Q2 2026
Insider trades, 12 months
1 buys · 44 sales
Net sold $6.51M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Langley Steinert | 12,815,183 | 13.10% | 13G (passive) amendment | Jun 30, 2025 |
| BlackRock, Inc. | 12,118,579 | 14.30% | 13G (passive) amendment | Jun 30, 2025 |
| Wellington Investment Advisors Holdings LLP Joint filing with Wellington Management Group LLP (9.00%), Wellington Group Holdings LLP (9.00%) and 1 more | 8,052,180 | 9.00% | 13G (passive) amendment | Mar 31, 2025 |
| Wellington Management Company LLP Joint filing with Wellington Management Group LLP (7.30%), Wellington Group Holdings LLP (7.30%) and 1 more | 5,945,970 | 6.20% | 13G (passive) amendment | Mar 31, 2026 |
| Vanguard Portfolio Management | 4,703,383 | 5.80% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 4,115,628 | 5.08% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CARG | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 11,803,358 | 13.25% | $402.38M | −209,237 | 0.01% |
| Vanguard Portfolio Management LLC | 4,715,273 | 5.29% | $160.74M | +80,572 | 0.01% |
| Vanguard Capital Management LLC | 3,302,216 | 3.71% | $112.57M | −194,860 | 0.00% |
| Wellington Management Group Llp | 3,255,283 | 3.65% | $110.97M | −2,690,687 | 0.02% |
| Manufacturers Life Insurance Company, The | 3,110,647 | 3.49% | $106.04M | +1,413,801 | 0.08% |
| State Street Corp | 3,021,044 | 3.39% | $102.99M | −73,478 | 0.00% |
| Prevatt Capital Ltd | 2,575,000 | 2.89% | $87.78M | +100,000 | 19.03% |
| Orbis Allan Gray Ltd | 2,407,398 | 2.70% | $82.07M | +74,139 | 0.28% |
| Geode Capital Management, LLC | 2,093,962 | 2.35% | $71.39M | −7,074 | 0.00% |
| Congress Asset Management Co /Ma | 1,976,348 | 2.22% | $67.37M | −134,189 | 0.41% |
| Dimensional Fund Advisors LP | 1,822,639 | 2.05% | $62.13M | +35,191 | 0.01% |
| Boston Partners | 1,705,214 | 1.91% | $58.12M | +51,713 | 0.05% |
| Morgan Stanley | 1,573,354 | 1.77% | $53.64M | +207,712 | 0.00% |
| Invesco Ltd. | 1,319,331 | 1.48% | $44.98M | +30,575 | 0.00% |
| Fort Washington Investment Advisors Inc /Oh/ | 1,069,080 | 1.20% | $36.44M | −41,151 | 0.18% |
| Charles Schwab Investment Management Inc | 1,058,779 | 1.19% | $36.09M | −7,595 | 0.00% |
| Acadian Asset Management LLC | 951,875 | 1.07% | $32.43M | +759,286 | 0.04% |
| Jacobs Levy Equity Management, Inc | 943,303 | 1.06% | $32.16M | +96,446 | 0.12% |
| Goldman Sachs Group Inc | 919,306 | 1.03% | $31.34M | +136,146 | 0.00% |
| Alta Fox Capital Management, LLC | 843,546 | 0.95% | $28.76M | −743,800 | 5.78% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 369 | 80M | 89.7% | 63 / 116 | 144 / 50 | 10M | 13M |
| Q1 2026 | 361 | 83M | 92.8% | 57 / 134 | 129 / 58 | 19M | 10M |
| Q4 2025 | 368 | 83M | 92.6% | 65 / 127 | 136 / 28 | 7M | 11M |
| Q3 2025 | 340 | 87M | 97.7% | 52 / 112 | 138 / 47 | 11M | 8M |
| Q2 2025 | 338 | 84M | 94.4% | 62 / 130 | 115 / 28 | 9M | 11M |
| Q1 2025 | 306 | 87M | 97.2% | 47 / 110 | 111 / 58 | 13M | 10M |
| Q4 2024 | 320 | 85M | 95.0% | 70 / 128 | 99 / 28 | 10M | 8M |
| Q3 2024 | 282 | 83M | 93.7% | 59 / 109 | 87 / 34 | 21M | 9M |
| Q2 2024 | 260 | 85M | 94.9% | 50 / 78 | 102 / 31 | 6M | 11M |
| Q1 2024 | 243 | 90M | 100.0% | 44 / 74 | 87 / 39 | 10M | 17M |
| Q4 2023 | 242 | 97M | 100.0% | 46 / 84 | 83 / 41 | 16M | 11M |
| Q3 2023 | 239 | 92M | 100.0% | 53 / 73 | 83 / 28 | 7M | 15M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
363 funds held CARG in Q2 2026, 56% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of CARG | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 4,577,708 | 5.14% | $156.05M | 0.14% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 2,296,413 | 2.58% | $78.28M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,964,066 | 2.20% | $66.96M | 0.08% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,653,945 | 1.86% | $56.38M | 0.03% | Jun 30, 2026 |
| Fundamental All Cap Core Trust | 1,118,194 | 1.26% | $38.12M | 1.57% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 949,416 | 1.07% | $32.37M | 0.07% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 871,218 | 0.98% | $29.70M | 0.03% | Jun 30, 2026 |
| Congress Small Cap Growth Fund | 866,437 | 0.97% | $31.40M | 1.56% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 823,299 | 0.92% | $29.84M | 0.09% | Jul 31, 2026 |
| Touchstone Strategic Trust-Touchstone Small Company Fund | 810,773 | 0.91% | $27.64M | 1.61% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 698,737 | 0.78% | $23.82M | 0.14% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 695,599 | 0.78% | $23.71M | 0.15% | Jun 30, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 565,241 | 0.63% | $19.27M | 0.17% | Jun 30, 2026 |
| Fidelity Enhanced Small Cap Core ETF | 491,963 | 0.55% | $16.77M | 0.29% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 423,574 | 0.48% | $12.65M | 0.03% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Langley Steinert | Executive Chair, Director, 10% owner | 14,718,472 | 16.52% | Nov 9, 2026 |
| Jason Trevisan | Chief Executive Officer, Director | 903,253 | 1.01% | Oct 5, 2026 |
| Ismail Elshareef | Chief Product Officer | 123,670 | 0.14% | Nov 3, 2026 |
| Samuel Zales | COO and President | 419,735 | 0.47% | Nov 3, 2026 |
| Matthew Charles Mandel | CFO and Treasurer | 175,083 | 0.20% | Oct 21, 2026 |
| Matthew Todd Quinn | Chief Technology Officer | 226,104 | 0.25% | Oct 6, 2026 |
| Dafna Sarnoff | Chief Marketing Officer | 100,795 | 0.11% | Oct 6, 2026 |
| Javier Zamora | General Counsel and Secretary | 75,971 | 0.09% | Oct 5, 2026 |
| Jennifer Ladd Hanson | Chief People Officer | 88,557 | 0.10% | Oct 2, 2026 |
| Zachary Emerson Hallowell | CEO, CarOffer | 110,431 | 0.12% | Oct 17, 2025 |
| Elisa Palazzo | CFO and Treasurer | 78,851 | 0.09% | Mar 7, 2025 |
| Greg M. Schwartz | Director | 8,716 | 0.01% | Aug 14, 2026 |
| Steven Conine | Director | 60,389 | 0.07% | Jun 4, 2026 |
| Lori A. Hickok | Director | 54,254 | 0.06% | Jun 4, 2026 |
| Stephen Kaufer | Director | 331,278 | 0.37% | Jun 4, 2026 |
| Manik Gupta | Director | 24,137 | 0.03% | Jun 4, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Langley Steinert Executive Chair, Director, 10% owner | Nov 6, 2026 | Sale(10b5-1 plan) | −35 | $38.21 | $1.34K | 74,652 |
| Langley Steinert Executive Chair, Director, 10% owner | Nov 6, 2026 | Sale(10b5-1 plan) | −24 | $37.49 | $900 | 74,687 |
| Langley Steinert Executive Chair, Director, 10% owner | Nov 6, 2026 | Sale(10b5-1 plan) | −316 | $38.21 | $12.07K | 881,375 |
| Langley Steinert Executive Chair, Director, 10% owner | Nov 6, 2026 | Sale(10b5-1 plan) | −215 | $37.49 | $8.06K | 881,691 |
| Langley Steinert Executive Chair, Director, 10% owner | Nov 4, 2026 | Sale(10b5-1 plan) | −65 | $38.11 | $2.48K | 74,711 |
| Langley Steinert Executive Chair, Director, 10% owner | Nov 4, 2026 | Sale(10b5-1 plan) | −224 | $37.40 | $8.38K | 74,776 |
| Langley Steinert Executive Chair, Director, 10% owner | Nov 4, 2026 | Sale(10b5-1 plan) | −577 | $38.11 | $21.99K | 881,906 |
| Langley Steinert Executive Chair, Director, 10% owner | Nov 4, 2026 | Sale(10b5-1 plan) | −2,000 | $37.40 | $74.80K | 882,483 |
| Samuel Zales COO and President | Nov 2, 2026 | Sale(10b5-1 plan) | −10,000 | $32.33 | $323.30K | 419,735 |
| Ismail Elshareef Chief Product Officer | Nov 2, 2026 | Sale(10b5-1 plan) | −1,964 | $32.33 | $63.50K | 123,670 |
| Ismail Elshareef Chief Product Officer | Oct 30, 2026 | Tax withholding | −2,299 | $32.18 | $73.98K | 125,634 |
| Matthew Charles Mandel CFO and Treasurer | Oct 19, 2026 | Award | +175,083 | – | – | 175,083 |
| Samuel Zales COO and President | Oct 15, 2026 | Sale(10b5-1 plan) | −10,000 | $30.31 | $303.10K | 429,735 |
| Dafna Sarnoff Chief Marketing Officer | Oct 2, 2026 | Award | +5,911 | – | – | 100,795 |
| Matthew Todd Quinn Chief Technology Officer | Oct 2, 2026 | Award | +5,911 | – | – | 226,104 |
| Dafna Sarnoff Chief Marketing Officer | Oct 2, 2026 | Sale(10b5-1 plan) | −7,234 | $29.62 | $214.27K | 94,884 |
| Matthew Todd Quinn Chief Technology Officer | Oct 2, 2026 | Sale(10b5-1 plan) | −3,824 | $29.62 | $113.27K | 220,193 |
| Ismail Elshareef Chief Product Officer | Oct 2, 2026 | Sale(10b5-1 plan) | −2,673 | $29.62 | $79.17K | 127,933 |
| Dafna Sarnoff Chief Marketing Officer | Oct 1, 2026 | Tax withholding | −7,550 | $29.73 | $224.46K | 102,118 |
| Matthew Todd Quinn Chief Technology Officer | Oct 1, 2026 | Tax withholding | −9,129 | $29.73 | $271.41K | 224,017 |
| Ismail Elshareef Chief Product Officer | Oct 1, 2026 | Tax withholding | −3,131 | $29.73 | $93.08K | 130,606 |
| Javier Zamora General Counsel and Secretary | Oct 1, 2026 | Tax withholding | −4,289 | $29.73 | $127.51K | 75,971 |
| Samuel Zales COO and President | Oct 1, 2026 | Tax withholding | −15,614 | $29.73 | $464.20K | 439,735 |
| Jason Trevisan Chief Executive Officer, Director | Oct 1, 2026 | Tax withholding | −21,509 | $29.73 | $639.46K | 653,253 |
| Langley Steinert Executive Chair, Director, 10% owner | Oct 1, 2026 | Tax withholding | −12,653 | $29.73 | $376.17K | 884,483 |
| Jennifer Ladd Hanson Chief People Officer | Oct 1, 2026 | Tax withholding | −1,434 | $29.73 | $42.63K | 88,557 |
| Jennifer Ladd Hanson Chief People Officer | Sep 30, 2026 | Tax withholding | −1,144 | $31.16 | $35.65K | 89,991 |
| Samuel Zales COO and President | Sep 15, 2026 | Sale(10b5-1 plan) | −10,000 | $34.62 | $346.20K | 455,349 |
| Samuel Zales COO and President | Aug 28, 2026 | Sale(10b5-1 plan) | −10,000 | $36.50 | $365.00K | 465,349 |
| Ismail Elshareef Chief Product Officer | Aug 14, 2026 | Sale(10b5-1 plan) | −8,957 | $38.00 | $340.37K | 133,737 |
| Dafna Sarnoff Chief Marketing Officer | Aug 13, 2026 | Sale(10b5-1 plan) | −17,151 | $37.00 | $634.59K | 109,668 |
| Greg M. Schwartz Director | Aug 12, 2026 | Sale | −10,000 | $36.07 | $360.70K | 8,716 |
| Jason Trevisan Chief Executive Officer, Director | Aug 7, 2026 | Sale(10b5-1 plan) | −1,100 | $41.06 | $45.17K | 674,762 |
| Javier Zamora General Counsel and Secretary | Aug 3, 2026 | Sale(10b5-1 plan) | −6,205 | $37.08 | $230.08K | 80,260 |
| Ismail Elshareef Chief Product Officer | Jul 31, 2026 | Tax withholding | −2,300 | $36.24 | $83.35K | 142,694 |
| Javier Zamora General Counsel and Secretary | Jul 31, 2026 | Tax withholding | −1,880 | $36.24 | $68.13K | 86,465 |
| Javier Zamora General Counsel and Secretary | Jul 2, 2026 | Sale(10b5-1 plan) | −3,533 | $36.06 | $127.40K | 88,345 |
| Matthew Todd Quinn Chief Technology Officer | Jul 2, 2026 | Sale(10b5-1 plan) | −3,824 | $35.03 | $133.95K | 233,146 |
| Jennifer Ladd Hanson Chief People Officer | Jul 2, 2026 | Sale(10b5-1 plan) | −567 | $35.03 | $19.86K | 91,135 |
| Samuel Zales COO and President | Jul 1, 2026 | Award | +22,548 | – | – | 475,349 |
| Samuel Zales COO and President | Jul 1, 2026 | Tax withholding | −11,526 | $35.14 | $405.02K | 452,801 |
| Jason Trevisan Chief Executive Officer, Director | Jul 1, 2026 | Tax withholding | −21,509 | $35.14 | $755.83K | 675,862 |
| Ismail Elshareef Chief Product Officer | Jul 1, 2026 | Tax withholding | −2,106 | $35.14 | $74.00K | 144,994 |
| Dafna Sarnoff Chief Marketing Officer | Jul 1, 2026 | Tax withholding | −7,550 | $35.14 | $265.31K | 126,819 |
| Langley Steinert Executive Chair, Director, 10% owner | Jul 1, 2026 | Tax withholding | −12,654 | $35.14 | $444.66K | 897,136 |
| Jennifer Ladd Hanson Chief People Officer | Jul 1, 2026 | Sale(10b5-1 plan) | −2,499 | $34.56 | $86.37K | 92,894 |
| Jennifer Ladd Hanson Chief People Officer | Jul 1, 2026 | Tax withholding | −1,192 | $35.14 | $41.89K | 91,702 |
| Matthew Todd Quinn Chief Technology Officer | Jul 1, 2026 | Tax withholding | −9,128 | $35.14 | $320.76K | 236,970 |
| Javier Zamora General Counsel and Secretary | Jul 1, 2026 | Tax withholding | −4,119 | $35.14 | $144.74K | 91,878 |
| Jennifer Ladd Hanson Chief People Officer | Jun 30, 2026 | Tax withholding | −1,039 | $34.09 | $35.42K | 95,393 |
| Javier Zamora General Counsel and Secretary | Jun 29, 2026 | Sale(10b5-1 plan) | −3,532 | $34.08 | $120.37K | 95,997 |
| Javier Zamora General Counsel and Secretary | Jun 26, 2026 | Sale(10b5-1 plan) | −165 | $33.06 | $5.45K | 99,529 |
| Javier Zamora General Counsel and Secretary | Jun 26, 2026 | Sale(10b5-1 plan) | −3,367 | $32.61 | $109.80K | 99,694 |
| Langley Steinert Executive Chair, Director, 10% owner | Jun 9, 2026 | Conversion | +74,998 | – | – | 75,000 |
| Langley Steinert Executive Chair, Director, 10% owner | Jun 9, 2026 | Conversion | +377,639 | – | – | 909,790 |
| Steven Conine Director | Jun 3, 2026 | Award | +7,339 | – | – | 60,389 |
| Manik Gupta Director | Jun 3, 2026 | Award | +7,339 | – | – | 24,137 |
| Greg M. Schwartz Director | Jun 3, 2026 | Award | +7,339 | – | – | 18,716 |
| Lori A. Hickok Director | Jun 3, 2026 | Award | +7,339 | – | – | 54,254 |
| Stephen Kaufer Director | Jun 3, 2026 | Award | +7,339 | – | – | 331,278 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
13.09%
9M shares short
Days to cover
8.4
At 1M shares a day
Change since last report
-1.3%
From 9M shares
Short volume, 20 days
57.5%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of CarGurus's stock actually held short. Settlement fails (shares not delivered on time) peaked at 16,157 shares on Aug 26, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Langley Steinert Director, 10% Shareholder | Nov 4, 2026 | 895,468 | $30.24M | Nov 4, 2026 | RSU Vesting |
| Langley Steinert Irrevocable Family Trust Director, 10% Shareholder | Nov 4, 2026 | 100,000 | $3.38M | Nov 4, 2026 | Founder Shares |
| Ismail Elshareef Officer | Nov 2, 2026 | 1,964 | $63.50K | Nov 2, 2026 | Restricted Stock Vesting |
| Samuel Zales Officer | Nov 2, 2026 | 10,000 | $323.30K | Nov 2, 2026 | Restricted Stock Vesting |
| Samuel Zales Officer | Oct 15, 2026 | 10,000 | $303.10K | Oct 15, 2026 | Restricted Stock Vesting |
| Matthew Todd Quinn Officer | Oct 2, 2026 | 3,824 | $113.27K | Oct 2, 2026 | Restricted Stock Vesting |
| Ismail Elshareef Officer | Oct 2, 2026 | 2,673 | $79.17K | Oct 2, 2026 | Restricted Stock Vesting |
| Dafna Sarnoff Officer | Oct 2, 2026 | 7,234 | $214.27K | Oct 2, 2026 | Restricted Stock Vesting |
| Samuel Zales Officer | Sep 15, 2026 | 10,000 | $346.20K | Sep 15, 2026 | Restricted Stock Vesting |
| Samuel Zales Officer | Aug 28, 2026 | 10,000 | $365.00K | Aug 28, 2026 | Restricted Stock Vesting |
| Ismail Elshareef Officer | Aug 14, 2026 | 8,957 | $340.37K | Aug 14, 2026 | Restricted Stock Vesting |
| Dafna Sarnoff Officer | Aug 13, 2026 | 17,151 | $634.59K | Aug 13, 2026 | Restricted Stock Vesting |
| Greg M. Schwartz Director | Aug 12, 2026 | 10,000 | $360.67K | Aug 12, 2026 | Restricted Stock Vesting |
| Jason Trevisan Officer, Director | Aug 7, 2026 | 1,100 | $45.17K | Aug 7, 2026 | Restricted Stock Vesting |
| Javier Zamora Officer | Aug 3, 2026 | 6,205 | $226.79K | Aug 3, 2026 | Restricted Stock Vesting |
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