Thomas Vetter, CEO of Cars.com Inc (NYSE:CARS), sold 17,666 shares of the company on February 12, 2024, according to a recent SEC filing. Cars.com Inc is an online automotive marketplace connecting buyers and sellers of new and used cars. The platform provides shoppers with the data, resources, and digital tools needed to make informed buying decisions and seamlessly connect with automotive retailers.
Over the past year, the insider has sold a total of 247,246 shares and has not made any purchases. The recent transaction further aligns with the trend observed over the past year, where there have been 18 insider sells and no insider buys.
On the date of the sale, shares of Cars.com Inc were trading at $19, giving the company a market cap of $1.253 billion. The price-earnings ratio stood at 10.76, which is below both the industry median of 16.12 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio was 1.15, with a share price of $19 and a GuruFocus Value of $16.54, indicating that Cars.com Inc was considered Modestly Overvalued based on its GF Value.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
The insider transaction history and the GF Value are important indicators for investors monitoring insider behaviors and assessing the stock's valuation.
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.
