Latest news with #TrueCarInc
Yahoo
01-06-2025
- Business
- Yahoo
With 71% ownership of the shares, TrueCar, Inc. (NASDAQ:TRUE) is heavily dominated by institutional owners
Significantly high institutional ownership implies TrueCar's stock price is sensitive to their trading actions 54% of the business is held by the top 6 shareholders Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A look at the shareholders of TrueCar, Inc. (NASDAQ:TRUE) can tell us which group is most powerful. With 71% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. In the chart below, we zoom in on the different ownership groups of TrueCar. Check out our latest analysis for TrueCar Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors have a fair amount of stake in TrueCar. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of TrueCar, (below). Of course, keep in mind that there are other factors to consider, too. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. It looks like hedge funds own 5.2% of TrueCar shares. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. Caledonia (Private) Investments Pty Limited is currently the company's largest shareholder with 20% of shares outstanding. USAA Investment Services Company is the second largest shareholder owning 9.1% of common stock, and BlackRock, Inc. holds about 8.4% of the company stock. In addition, we found that Jantoon Reigersman, the CEO has 0.8% of the shares allocated to their name. We also observed that the top 6 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. We can see that insiders own shares in TrueCar, Inc.. In their own names, insiders own US$4.3m worth of stock in the US$127m company. It is good to see some investment by insiders, but we usually like to see higher insider holdings. It might be worth checking if those insiders have been buying. The general public, who are usually individual investors, hold a 14% stake in TrueCar. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Public companies currently own 6.1% of TrueCar stock. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Case in point: We've spotted 1 warning sign for TrueCar you should be aware of. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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Yahoo
01-06-2025
- Business
- Yahoo
With 71% ownership of the shares, TrueCar, Inc. (NASDAQ:TRUE) is heavily dominated by institutional owners
Significantly high institutional ownership implies TrueCar's stock price is sensitive to their trading actions 54% of the business is held by the top 6 shareholders Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A look at the shareholders of TrueCar, Inc. (NASDAQ:TRUE) can tell us which group is most powerful. With 71% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. In the chart below, we zoom in on the different ownership groups of TrueCar. Check out our latest analysis for TrueCar Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors have a fair amount of stake in TrueCar. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of TrueCar, (below). Of course, keep in mind that there are other factors to consider, too. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. It looks like hedge funds own 5.2% of TrueCar shares. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. Caledonia (Private) Investments Pty Limited is currently the company's largest shareholder with 20% of shares outstanding. USAA Investment Services Company is the second largest shareholder owning 9.1% of common stock, and BlackRock, Inc. holds about 8.4% of the company stock. In addition, we found that Jantoon Reigersman, the CEO has 0.8% of the shares allocated to their name. We also observed that the top 6 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. We can see that insiders own shares in TrueCar, Inc.. In their own names, insiders own US$4.3m worth of stock in the US$127m company. It is good to see some investment by insiders, but we usually like to see higher insider holdings. It might be worth checking if those insiders have been buying. The general public, who are usually individual investors, hold a 14% stake in TrueCar. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Public companies currently own 6.1% of TrueCar stock. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Case in point: We've spotted 1 warning sign for TrueCar you should be aware of. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
07-05-2025
- Automotive
- Yahoo
TrueCar Inc (TRUE) Q1 2025 Earnings Call Highlights: Revenue Growth Amidst Tariff Challenges
Q : How should we think about margins and cost structure without headcount investments? A : Jantoon Reigersman, CEO, highlighted three main cost areas: headcount, marketing, and overhead. Oliver Foley, CFO, added that revenue mix and cost flexibility will drive margins. OEM revenue has the highest margin, while other products have lower margins. The focus is on maintaining flexibility to manage cash flow effectively. Q : Can you provide insights into the product enhancements mentioned in your letter and the impact of OEM incentive ad spending? A : Jantoon Reigersman, CEO, explained that TrueCar is utilizing generative AI for personalized email campaigns, enhancing consumer experience and engagement. Regarding OEM incentives, he noted that while uncertainty exists, OEMs might need to support vehicle sales more, potentially benefiting TrueCar as OEMs use various tools to maintain competitiveness. The company is facing challenges in predicting changes in OEM incentive ad spending, which could impact revenue from OEMs and dealers. TrueCar Inc ( NASDAQ:TRUE ) decided not to provide financial guidance for the second quarter due to the high level of market uncertainty and potential impacts from tariffs. The newly implemented 25% tariffs on imported vehicles and parts create uncertainty, potentially adding $4,500 to the cost of new vehicles, which could affect sales. The completion of backend integration with dealer management systems CDK and Tekion has been delayed, impacting the scalability of the TC+ product. TrueCar Inc ( NASDAQ:TRUE ) reported an adjusted EBITDA of negative $3.8 million for the first quarter of 2025. The TC+ product pilot showed promising results, with a third of the pilot dealer group's sales driven by TC+ consumers completing transactions online, indicating potential for broader rollout and scalability. TrueCar Inc ( NASDAQ:TRUE ) achieved the lowest cost per sale since 2022 through restructured performance marketing campaigns, enhancing efficiency and driving unit sales growth. The company expanded its affinity network by adding notable partners such as DoorDash, GasBuddy, and GovX. TrueCar Inc ( NASDAQ:TRUE ) reported a 9.2% year-over-year increase in total revenue, reaching $44.8 million for the first quarter of 2025. For the complete transcript of the earnings call, please refer to the full earnings call transcript . Tariff Impact: Estimated additional cost of $4,500 per new vehicle sold in the U.S. Story Continues Q: Has the AAA program filled the gap left by the loss of the American Express business? A: Jantoon Reigersman, CEO, stated that while the AAA program is not yet fully compensating for the loss, it is progressing well and approaching previous levels. Q: How are tariffs impacting TrueCar's franchise dealers, and is there consideration for stock buybacks? A: Jantoon Reigersman, CEO, mentioned that not all OEMs are equally impacted by tariffs, and TrueCar is focused on assisting OEMs with their specific challenges. Regarding stock buybacks, he confirmed that it is always considered as part of their capital allocation strategy. Q: Can you elaborate on the impact of TC+ on dealer sales and its economic benefits to TrueCar? A: Jantoon Reigersman, CEO, explained that TC+ has increased both online purchases and overall sales volumes for dealers. Currently, monetization is treated as a regular lead, with plans to adjust once scaling begins. Q: Why is there a pause in dealer sales headcount, and is it due to dealer uncertainty? A: Jantoon Reigersman, CEO, clarified that the pause is due to elevated uncertainty and not a reaction to specific dealer feedback. The focus is on efficiency and market adaptation. Q: Why is there no guidance for Q2 despite the subscription nature of the business? A: Jantoon Reigersman, CEO, explained that the decision is due to high uncertainty, such as potential tariff changes, which could impact predictability. Oliver Foley, CFO, noted that about 20% of dealer revenue is pay-per-sale, adding to revenue volatility. Q: What are the potential cost savings for dealers using TC+ and any cultural pushback? A: Oliver Foley, CFO, highlighted that TC+ allows dealers to sell 24/7, expand their geographical reach, and improve efficiency. While there may be cultural adjustments regarding sales commissions, the overall value proposition is attractive to dealers. Q: How confident are you in the timeline for CDK and Tekion integrations, and what is the current dealership sentiment? A: Jantoon Reigersman, CEO, expressed confidence in the integration timeline, noting resource allocation and architectural complexity as challenges. He reported that dealership sentiment remains positive, with no red flags despite uncertainty. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
San Francisco Chronicle
05-05-2025
- Automotive
- San Francisco Chronicle
TrueCar: Q1 Earnings Snapshot
SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — TrueCar Inc. (TRUE) on Monday reported a loss of $10.1 million in its first quarter. On a per-share basis, the Santa Monica, California-based company said it had a loss of 12 cents. Losses, adjusted for stock option expense, came to 9 cents per share. The provider of localized information on new car costs posted revenue of $44.8 million in the period. _____
