BlackRock, Inc. Reports 7.1% Stake in Cars.com Inc. (CARS) via Schedule 13G/A
On April 7, 2026, BlackRock, Inc. filed a Schedule 13G/A with the SEC, reporting a significant position in Cars.com Inc. (CARS). As of the event date on March 31, 2026, BlackRock beneficially owns 4,173,915 shares of common stock, representing a 7.1% ownership stake in the company. This filing marks an increase from the previously reported 0.0% position, indicating a new or substantially restored major holding. The filing specifies that BlackRock holds sole dispositive power over all 4,173,915 shares and sole voting power over ,089,653 shares. The shares were acquired in the ordinary course of business, and the filing includes a certification that the securities were not acquired for the purpose of changing or influencing the control of the issuer. BlackRock filed this amendment as a parent holding company on behalf of various subsidiaries, including BlackRock Fund Advisors and BlackRock Institutional Trust Company. No single person's interest in the common stock is reported to exceed five percent of the total outstanding shares.