Sonia Jain Sells Shares of Cars.com
Cars.com CFO Sonia Jain sold 34,021 shares on June 12, 2026, valued at $322,859.
Key Points
- Sonia Jain, CFO of Cars.com, sold 34,021 shares on June 12, 2026, for $322,859.
- Cars.com has a market cap of $544.5 million and a P/E ratio of 22.65.
- FMR LLC increased its stake in Cars.com by 302,333 shares, now holding over 8.7 million shares.
On June 12, 2026, Sonia Jain, the Chief Financial Officer of Cars.com Inc. (NYSE:CARS), sold 34,021 shares of the company's stock. The shares were sold at an average price of $9.49, totaling approximately $322,859. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Cars.com Inc.
Sonia Jain's recent sale follows another transaction on June 11, 2026, where she sold 52,579 shares at $9.56 each. Other insiders, including Bala Subramanian and Jenell Ross, made purchases on June 5, 2026, each acquiring 18,267 shares, but these transactions were at no cost.
Other Institutional Activity in Cars.com
Several institutional investors have been active in Cars.com shares. FMR LLC increased its holdings by 302,333 shares, ending with 8,794,522 shares valued at about $71.4 million. Pale Fire Capital SE made a significant addition, acquiring 3,295,117 shares, bringing its total to 3,956,618 shares worth $32.1 million. Meanwhile, BlackRock, Inc. reduced its position by 4,127,844 shares, now holding 4,306,076 shares valued at $34.9 million.
Cars.com Stock Snapshot
Cars.com shares are trading at $9.48. The company has a market capitalization of approximately $544.5 million and a price-to-earnings (P/E) ratio of 22.65. Its forward P/E is notably lower at 3.87, indicating future earnings expectations. The stock's 52-week range has seen a low of $7.40 and a high of $13.97, with a 50-day moving average of $10.21 and a 200-day moving average of $10.97.
Recent Earnings
In its latest earnings report, Cars.com posted revenue of $724.4 million, reflecting a slight growth of 0.7%. The company reported an earnings per share (EPS) of $0.43 and a net margin of 3.7%. Return on equity (ROE) stood at 5.7%. The next earnings release is scheduled for August 6, 2026.
Analysts Set New Price Targets
On May 8, 2026, UBS maintained a 'hold' rating with a $12.00 price target, while JP Morgan also maintained a 'hold' rating at $11.00. B. Riley Securities downgraded the stock to 'hold' with a $13.00 target. The consensus among analysts is to hold, with an average target price of $13.00.
About Cars.com
Cars.com Inc. operates as a technology company focused on the automotive industry. It offers a marketplace for car dealers and manufacturers to showcase their vehicles and provides digital tools for inventory management and reputation enhancement. Headquartered in Chicago, Illinois, Cars.com serves a wide range of clients, including local dealerships and large automotive groups.
Bottom Line
Sonia Jain's recent stock sale is a notable insider transaction at Cars.com. Investors often monitor such moves for potential insights, though they are not necessarily indicative of the company's future performance. With institutional investors adjusting their positions and analysts maintaining a 'hold' consensus, Cars.com remains a stock to watch.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.