Louisiana State Employees Retirement System and other institutional investors increased their stakes in CarGurus during the fourth quarter, with notable raises from Summit Investment Advisors Inc. and Principal Securities Inc. The stock was recently downgraded by JPMorgan Chase & Co. to "Neutral," with a price target of $34, while analysts maintain a "Moderate Buy" rating overall. CarGurus reported a quarterly EPS of $0.44, missing estimates, and insiders have sold a significant number of shares recently.