Traders bought shares of Cars.com Inc. (NYSE:CARS) on weakness during trading hours on Tuesday. $14.03 million flowed into the stock on the tick-up and $3.35 million flowed out of the stock on the tick-down, for a money net flow of $10.68 million into the stock. Of all stocks tracked, Cars.com had the 34th highest net in-flow for the day. Cars.com traded down ($0.23) for the day and closed at $24.07

CARS has been the topic of a number of research reports. B. Riley restated a “buy” rating and issued a $36.00 price target on shares of Cars.com in a research note on Friday, September 22nd. Barrington Research raised their price target on Cars.com from $40.00 to $45.00 and gave the stock an “outperform” rating in a research note on Monday, November 6th. Finally, Zacks Investment Research downgraded Cars.com from a “hold” rating to a “strong sell” rating in a research note on Monday, November 13th.

The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.40.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CARS. First Personal Financial Services purchased a new position in Cars.com during the second quarter valued at $118,000. First Mercantile Trust Co. purchased a new position in Cars.com during the second quarter valued at $132,000. AT Bancorp purchased a new position in Cars.com during the second quarter valued at $168,000. Commonwealth Bank of Australia purchased a new position in Cars.com during the second quarter valued at $170,000. Finally, Quantbot Technologies LP purchased a new position in Cars.com during the second quarter valued at $172,000.

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Cars.com Company Profile

Cars.com Inc owns a digital automotive marketplace business (Cars.com). Cars.com is an online research destination for car shoppers. The Company is engaged in the sale of online subscription advertising products targeting car dealerships. It offers a suite of products and services targeting the automotive needs of its buyer and seller customers.

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