Marks Angelique Strong sold $692K of CARS
Marks Angelique Strong (Chief Legal Officer) sold 57,980 shares of Cars.com Inc. (CARS) at $11.94 ($0.69M total) on 2026-08-17.
Cars.com Inc.
Reads like this one publish minutes after the filing lands on EDGAR. Get them as JSON over the API or inside your AI agent over MCP.
No enriched coverage for $CARS in the last 7 days.
Marks Angelique Strong (Chief Legal Officer) sold 57,980 shares of Cars.com Inc. (CARS) at $11.94 ($0.69M total) on 2026-08-17.
Cars.com (CARS) reported Q2 2026 revenue of $179.9 million, up 1% YoY, with marketplace revenue up over 7% and dealer revenue up 3%. OEM and national revenue fell 18% to $13.6 million. Adjusted EBITDA rose to $53 million, margin 29.4%. Net income was $14.3 million. Guidance: FY26 revenue 0% to 2% growth; adj EBITDA margin 29% to 30%.
Cars.com is being sued by Joe Neiman, representing former DealerClub stockholders, over an $88 million post-closing earnout dispute. The complaint alleges Cars.com failed to provide promised support and took steps to prevent revenue targets tied to the earnout. Cars.com said total consideration was $25.3 million and up to $88.0 million may be paid based on revenue targets through Dec. 31, 2028.
Recent CARS coverage spans earnings, insider activity and corporate actions.
In the last 30 days, CARS insiders filed 2 SEC Form 4 transactions — no purchases and 2 sales ($790K). The most active reporter was McGovern Jr. Donald A. with 1 filing.
Insider sale may signal limited confidence, but size is modest.
The print is a margin and marketplace-mix positive, but OEM advertising pressure and declining unique visitors are key offset risks.
The lawsuit raises uncertainty around whether Cars.com must pay additional earnout consideration and whether it breached deal terms.
The quarter shows margin expansion plus measurable AI and marketplace traction, supporting a constructive near-term view on subscription and dealer retention.
Marketplace-led profitability beat and margin outperformance, with OEM revenue pressure continuing, sets up a near-term valuation and momentum read-through.
alphai scores every news story that mentions CARS with an AI model for sentiment and relevance, and aggregates insider trades from Cars.com Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Marks Angelique Strong (Chief Legal Officer) sold 57,980 shares of Cars.com Inc. (CARS) at $11.94 ($0.69M total) on 2026-08-17.
1 min readCars.com (CARS) reported Q2 2026 revenue of $179.9 million, up 1% YoY, with marketplace revenue up over 7% and dealer revenue up 3%. OEM and national revenue fell 18% to $13.6 million. Adjusted EBITDA rose to $53 million, margin 29.4%. Net income was $14.3 million. Guidance: FY26 revenue 0% to 2% growth; adj EBITDA margin 29% to 30%.
6 min readCars.com is being sued by Joe Neiman, representing former DealerClub stockholders, over an $88 million post-closing earnout dispute. The complaint alleges Cars.com failed to provide promised support and took steps to prevent revenue targets tied to the earnout. Cars.com said total consideration was $25.3 million and up to $88.0 million may be paid based on revenue targets through Dec. 31, 2028.
6 min readCars.com reported Q2 revenue of $179.9M versus $180.6M expected, with adjusted EPS of $0.51 in line. Adjusted EBITDA was $52.98M, a 2% beat, and operating margin rose to 15.5% from 8.5% a year earlier. Marketplace revenue grew over 7% YoY as Premium Plus adoption and Dealer Verified Listings expanded, while AI assistant Carson was used in about 20% of searches.
7 min readCars.com Inc. reported Q2 2026 revenue of $179.9 million, up 1% year over year, and net income of $14.3 million, up 103%. Adjusted EBITDA rose 4% to $53.0 million, with a 29.4% margin. Marketplace revenue grew over 7% Y/Y. The company repurchased 3.7 million shares for $37 million in Q2 and reaffirmed 2026 guidance.
7 min readCars.com Inc. (CARS) reported Q2 2026 revenue of $179.9 million, up 1% year over year, and net income of $14.3 million, up 103%. Marketplace revenue rose more than 7% while OEM and National revenue fell 18%. Adjusted EBITDA was $53.0 million (29.4% margin). The company reaffirmed full-year revenue flat to up 2% and adjusted EBITDA margin of 29.0% to 30.0%.
4 min readCars.com Inc. (CARS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Ehibit 99.1 Cars.com Reports Second Quarter 2026 Results Delivered expected revenue growth and strong profitability, underpinned by focused strategy with highest Marketplace revenue growth in five years • Revenue grew to $179.9 million, up 1% year-over-year and in line with guida
6 min readCars.com (NYSE: CARS) reports earnings Thursday before the bell. Last quarter, it posted $180.2M revenue, flat year over year, and met revenue expectations, with a beat on EBITDA. It had 19,390 active buyers, also flat. For the upcoming quarter, analysts expect 1.1% YoY revenue growth. The average analyst price target is $13 versus $11.95.
4 min readCars.com (CARS) shares rose about 6.6% after Cox Automotive forecast July U.S. new-vehicle sales SAAR at 16.7 million, up from 16.5 million in June. Cox also projected July sales volume up 1.2% month over month. The move followed broader rate and oil volatility affecting high-multiple consumer internet stocks.
4 min readEvolve Funds Group announced June 2026 cash distributions for its UltraYield ETFs and other Evolve funds. UltraYield ETFs (BIGY, CANY, SIXY, INTY, EASY) have ex-dividend/record dates June 30, 2026, with payments about July 9, 2026 ($0.3125, $0.21, $0.21, $0.26, $0.31 per unit). Evolve Funds generally have ex-dividend/record June 30 (HISA/HISU.U/MCAD/MUSD.U: June 25) with payments about July 9.
2 min read