TrueCar (TRUE)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	114.51 mm	114.51 mm	114.51 mm	114.51 mm	114.51 mm	114.51 mm
Cash burn (monthly)	4.48 mm	2.58 mm	2.46 mm	2.80 mm	(no burn)	329.42 k
Cash used (since last report)	19.01 mm	10.94 mm	10.44 mm	11.89 mm	n/a	1.40 mm
Cash remaining	95.50 mm	103.56 mm	104.06 mm	102.62 mm	n/a	113.11 mm
Runway (months of cash)	21.3	40.1	42.3	36.6	n/a	343.4

Beta Read what these cash burn values mean

Financial data from TrueCar earnings reports.

Institutional ownership, Q3 2024

TRUE institutional ownership history Ownership history

93.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	105	102	+2.9%
Opened positions	11	14	-21.4%
Closed positions	8	12	-33.3%
Increased positions	36	35	+2.9%
Reduced positions	28	32	-12.5%

13F shares	Current	Prev Q	Change
Total value	230.57 bn	215.99 bn	+6.7%
Total shares	81.58 mm	84.59 mm	-3.5%
Total puts	0.00	100.00	EXIT
Total calls	22.80 k	35.00 k	-34.9%
Total put/call ratio	–	0.0	–

Largest owners	Shares	Value	Change
Caledonia	17.76 mm	$61.27 bn	-0.0%
United Services Automobile Association	7.96 mm	$27.47 bn	0.0%
BlackRock	7.44 mm	$25.67 bn	NEW
Cannell Capital	7.37 mm	$25.44 bn	-15.8%
Pacific Sequoia	6.36 mm	$57.65 mm	0.0%
AN AutoNation	5.37 mm	$11.71 mm	0.0%
Vanguard	4.32 mm	$14.90 bn	+1.8%
Dimensional Fund Advisors	3.25 mm	$11.20 bn	-0.2%
Acadian Asset Management	2.25 mm	$7.77 mm	+5.6%
Renaissance Technologies	2.13 mm	$7.35 bn	+0.4%

Largest transactions	Shares	Bought/sold	Change
BlackRock	7.44 mm	+7.44 mm	NEW
BLK BlackRock	0.00	-7.30 mm	EXIT
Cannell Capital	7.37 mm	-1.38 mm	-15.8%
Whetstone Capital Advisors	10.36 k	-840.45 k	-98.8%
Fuller & Thaler Asset Management	152.24 k	-579.99 k	-79.2%
BMO Bank of Montreal	44.92 k	-371.15 k	-89.2%
MS Morgan Stanley	1.01 mm	-260.51 k	-20.4%
Prelude Capital Management	785.94 k	-208.42 k	-21.0%
Acadian Asset Management	2.25 mm	+120.34 k	+5.6%
GS The Goldman Sachs Group, Inc.	327.58 k	+117.72 k	+56.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TRUE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Jan 25	Jill Angel	Common Stock	Payment of exercise	Dispose F	No	No	3.27	3,632	11.88 k	216,313
15 Jan 25	Oliver Foley	Common Stock	Payment of exercise	Dispose F	No	No	3.27	3,292	10.76 k	249,357
15 Jan 25	Jantoon Reigersman	Common Stock	Payment of exercise	Dispose F	No	No	3.27	6,779	22.17 k	1,552,501
15 Dec 24	Jantoon Reigersman	Common Stock	Payment of exercise	Dispose F	No	No	4.14	20,380	84.37 k	1,559,280
15 Dec 24	Swart Jeff	Common Stock	Payment of exercise	Dispose F	No	No	4.14	6,706	27.76 k	375,665

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

4 Analysts Assess TrueCar: What You Need To Know

15 Jan 25

Needham Reiterates Buy on TrueCar, Maintains $5 Price Target

15 Jan 25

Needham analyst Chris Pierce reiterates TrueCar (NASDAQ:TRUE) with a Buy and maintains $5 price target.

Needham Reiterates Buy on TrueCar, Maintains $5 Price Target

26 Nov 24

Needham analyst Chris Pierce reiterates TrueCar (NASDAQ:TRUE) with a Buy and maintains $5 price target.

B. Riley Securities Maintains Neutral on TrueCar, Raises Price Target to $4

11 Nov 24

Press releases

From Benzinga Pro

TrueCar DrivenToDrive Program Awards Army Veteran with Brand New Vehicle

26 Dec 24

In partnership with DAV (Disabled American Veterans), TrueCar recognizes veteran for continued service to community SANTA MONICA, Calif., Dec. 26, 2024 /PRNewswire/ -- TrueCar, Inc. (NASDAQ:TRUE), the most trusted