Insider Sell: Sonia Jain Sells 50,000 Shares of Cars.com Inc (CARS)

Author's Avatar
Nov 30, 2024
Article's Main Image

On November 27, 2024, Sonia Jain, the Chief Financial Officer of Cars.com Inc, sold 50,000 shares of the company. Following this transaction, the insider now owns 204,200 shares of Cars.com Inc. Cars.com Inc (CARS, Financial) is a leading digital automotive marketplace and solutions provider. The company connects car shoppers with sellers and provides innovative solutions to help dealers and manufacturers improve their businesses. The insider transaction history for Cars.com Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 15 insider sells over the same timeframe. 1862648739999674368.png Over the past year, Sonia Jain has sold a total of 72,328 shares and purchased 0 shares. Shares of Cars.com Inc were trading for $19.68 apiece on the day of Sonia Jain’s recent sale. This gives the stock a market cap of $1.286 billion. The price-earnings ratio is 33.97, which is higher than the industry median of 17.28 and lower than the company’s historical median price-earnings ratio. With a price of $19.68 and a GuruFocus Value of $18.54, Cars.com Inc has a price-to-GF-Value ratio of 1.06. This means the stock is fairly valued based on its GF Value. 1862648790893359104.png The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors: - Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at. - A GuruFocus adjustment factor based on the company’s past returns and growth. - Future estimates of business performance from Morningstar analysts. For more details on this transaction, please refer to the SEC Filing.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.