Carvana (NYSE:CVNA) CFO Mark Jenkins Sells 12,750 Shares

Carvana Co. (NYSE:CVNA) CFO Mark Jenkins sold 12,750 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $387.19, for a total value of $4,936,672.50. Following the sale, the chief financial officer owned 210,127 shares of the company’s stock, valued at approximately $81,359,073.13. This represents a 5.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Carvana Trading Down 3.3%

Shares of NYSE:CVNA opened at $382.57 on Friday. Carvana Co. has a 12-month low of $250.89 and a 12-month high of $486.89. The stock has a market cap of $83.73 billion, a PE ratio of 46.54 and a beta of 3.55. The business has a 50 day moving average of $336.94 and a 200-day moving average of $371.95. The company has a quick ratio of 2.73, a current ratio of 4.09 and a debt-to-equity ratio of 1.05.

Carvana shares are set to split before the market opens on Thursday, May 7th. The 5-1 split was announced on Friday, March 13th. The newly created shares will be distributed to shareholders after the market closes on Wednesday, May 6th.

Carvana (NYSE:CVNA) last released its quarterly earnings results on Wednesday, April 29th. The company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.11. Carvana had a net margin of 6.40% and a return on equity of 41.46%. The company had revenue of $6.43 billion during the quarter, compared to the consensus estimate of $6.12 billion. As a group, equities research analysts forecast that Carvana Co. will post 6.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Gordon Haskett lifted their price target on shares of Carvana from $335.00 to $425.00 and gave the company a “hold” rating in a research report on Thursday. Royal Bank Of Canada lifted their price target on shares of Carvana from $440.00 to $460.00 and gave the company an “outperform” rating in a research report on Friday. Citigroup reiterated an “outperform” rating on shares of Carvana in a research report on Friday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $537.00 price target on shares of Carvana in a research report on Thursday. Finally, Barclays restated an “overweight” rating and set a $475.00 price objective (up from $430.00) on shares of Carvana in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $466.13.

Carvana News Roundup

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q1 results: Carvana reported record retail unit sales, revenue and profit (EPS and revenue beat consensus), driving confidence in growth and profitability execution. Carvana Announces Record First Quarter 2026
• Positive Sentiment: Broad analyst upgrades: Multiple firms raised price targets and ratings after the quarter (Needham to $600, Morgan Stanley to $510, JPMorgan to $465, Wells Fargo to $475, BTIG to $485, etc.), signaling strong buy-side conviction on upside from current levels. Wall Street Showers Carvana With Price Target Hikes
• Positive Sentiment: Industry demand tailwinds: Management and coverage note inflation-driven used-car demand and capacity expansion (reconditioning and capex) that support faster unit growth and longer-term scaling. Carvana Sets Records as Inflation Drives Used Car Demand
• Neutral Sentiment: Valuation focus: Recent rally (roughly a 1?month surge) has drawn attention to Carvana’s premium P/E and elevated multiples, prompting some investors to reassess upside relative to valuation. Assessing Carvana Valuation After Recent Share Price Strength
• Negative Sentiment: Contrasting analyst signal: DA Davidson raised its target to $335 but kept a “neutral” rating — that target implies downside versus recent levels and injects caution into the upgrade momentum. DA Davidson Price Target Note
• Negative Sentiment: Profit vs. margin trade-off: Despite record profit, management flagged lower per?unit margins and higher operating costs, which could cap near?term margin expansion and leave some investors taking profits. Q1 Earnings Call Highlights
• Negative Sentiment: Immediate market reaction: The stock trimmed gains after the print — some traders sold into the headline beat, producing a short-term pullback despite fundamentally positive results. Stock Reaction After Earnings

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Carvana during the fourth quarter valued at approximately $29,000. Farmers & Merchants Investments Inc. acquired a new position in Carvana during the fourth quarter valued at approximately $29,000. Motiv8 Investments LLC acquired a new position in Carvana during the fourth quarter valued at approximately $33,000. Ascentis Independent Advisors acquired a new position in shares of Carvana during the first quarter worth $26,000. Finally, Salomon & Ludwin LLC increased its holdings in shares of Carvana by 112.5% during the fourth quarter. Salomon & Ludwin LLC now owns 85 shares of the company’s stock worth $37,000 after buying an additional 45 shares in the last quarter. 56.71% of the stock is currently owned by institutional investors and hedge funds.

Carvana Company Profile

Carvana Co is an online-only retailer of used vehicles that operates a consumer-facing e-commerce platform for buying and selling cars. The company markets and sells inspected, reconditioned pre-owned vehicles through its website, where shoppers can browse inventory, view detailed 360-degree photos and vehicle history reports, finance purchases, and arrange delivery or pickup. Carvana’s model is built around a digital end-to-end car buying experience that aims to simplify vehicle transactions compared with traditional dealerships.

Its products and services include direct retail sales of used cars, trade-in and purchase offers for consumer vehicles, vehicle financing and related protection products, and a seven-day return policy that allows customers to test a vehicle in everyday use.