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Javier Zamora, General Counsel and Secretary at CarGurus , Inc. (NASDAQ:CARG), sold 6,154 shares of Class A Common Stock on July 10, 2025, at a price of $35.00, for a total value of $215,390. The sale occurred near the stock’s current trading price of $34.39, with CarGurus maintaining strong financials including an impressive 85.6% gross profit margin and healthy liquidity with a current ratio of 2.67.
Following the transaction, Zamora directly owns 92,807 shares of CarGurus, Inc. The sale was executed under a Rule 10b5-1 trading plan. InvestingPro analysis reveals the company’s solid financial health, with 12 key investment tips available for subscribers. Get access to the comprehensive Pro Research Report, part of InvestingPro’s coverage of 1,400+ US stocks, for deeper insights into CarGurus’ valuation and growth prospects.
In other recent news, CarGurus reported strong first-quarter 2025 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $0.46, compared to the forecast of $0.44. The company achieved a total revenue of $225 million, slightly below the anticipated $226.73 million. CarGurus’ marketplace revenue increased by 13% year-over-year to $212 million, while international revenue saw a 20% growth. In a strategic move, CarGurus introduced an AI-powered search feature on its platform to enhance the car shopping experience, allowing users to engage in conversational searches. This development is part of the company’s ongoing commitment to leveraging AI and machine learning. Meanwhile, Citizens JMP downgraded CarGurus from Market Outperform to Market Perform, citing concerns about its growth trajectory and market saturation risks. Despite these concerns, CarGurus continues to innovate and expand its digital solutions, maintaining its position as a leading automotive shopping site in the U.S.
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