Cars.com Inc (NYSE:CARS) was the recipient of some unusual options trading on Tuesday. Stock traders purchased 3,599 call options on the stock. This represents an increase of approximately 934% compared to the typical daily volume of 348 call options.

Several analysts have issued reports on CARS shares. B. Riley dropped their price objective on Cars.com from $36.00 to $32.00 and set a “buy” rating on the stock in a research note on Thursday, November 9th. Zacks Investment Research lowered Cars.com from a “hold” rating to a “strong sell” rating in a research note on Monday, November 13th. Finally, Barrington Research upped their price objective on Cars.com from $40.00 to $45.00 and gave the company an “outperform” rating in a research note on Monday, November 6th.

Cars.com (CARS) opened at $27.41 on Friday. Cars.com has a 12-month low of $19.90 and a 12-month high of $29.47. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.40.

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Cars.com in the second quarter valued at approximately $213,818,000. PNC Financial Services Group Inc. acquired a new position in shares of Cars.com in the second quarter valued at approximately $1,166,000. Rhumbline Advisers acquired a new position in shares of Cars.com in the second quarter valued at approximately $3,984,000. Legal & General Group Plc acquired a new position in shares of Cars.com in the second quarter valued at approximately $8,774,000. Finally, Pinnacle Associates Ltd. acquired a new position in shares of Cars.com in the second quarter valued at approximately $31,061,000.

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About Cars.com

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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