Carvana Co. (NYSE:CVNA – Get Free Report) Director J Danforth Quayle sold 14,525 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $70.00, for a total value of $1,016,750.00. Following the completion of the transaction, the director directly owned 214,960 shares in the company, valued at approximately $15,047,200. This represents a 6.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Carvana Stock Up 1.0%
CVNA opened at $67.91 on Friday. The stock has a market cap of $74.49 billion, a PE ratio of 41.31, a P/E/G ratio of 11.35 and a beta of 3.45. The company has a quick ratio of 2.57, a current ratio of 4.09 and a debt-to-equity ratio of 1.05. Carvana Co. has a 52 week low of $54.46 and a 52 week high of $97.38. The business’s fifty day simple moving average is $71.18 and its 200 day simple moving average is $75.22.
Carvana (NYSE:CVNA – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $1.37. The business had revenue of $6.43 billion for the quarter, compared to analysts’ expectations of $6.12 billion. Carvana had a return on equity of 41.46% and a net margin of 6.40%. As a group, research analysts expect that Carvana Co. will post 1.58 earnings per share for the current fiscal year.
Key Carvana News
- Positive Sentiment: Zacks Research raised its earnings outlook for Carvana across multiple future periods, including higher estimates for Q1 2027, FY2027, and FY2028, while also upgrading the stock from Hold to Strong Buy. That suggests analysts still see meaningful profit growth ahead. Article Title
- Positive Sentiment: Carvana’s subsidiary ADESA launched ADESA Timed, expanding its digital wholesale auction platform. Investors may view this as support for Carvana’s broader used-car ecosystem and monetization efforts. Article Title
- Neutral Sentiment: Wall Street consensus remains broadly constructive, with several brokerages maintaining buy-oriented ratings and the stock still carrying a moderate-buy consensus target above recent trading levels. Article Title
- Negative Sentiment: Recent insider sales, including transactions by director J. Danforth Quayle and insider Thomas Taira, may be creating some investor caution, even though both trades were made under pre-arranged 10b5-1 plans. Article Title
- Negative Sentiment: The stock also fell in the latest session after underperforming the broader market, which may reflect profit-taking or concern that the recent rally has run ahead of fundamentals. Article Title
Analysts Set New Price Targets
A number of research firms recently commented on CVNA. Citigroup reissued an “outperform” rating on shares of Carvana in a research note on Friday, May 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a $92.00 target price on shares of Carvana in a research note on Friday, June 5th. BNP Paribas Exane increased their target price on Carvana from $77.60 to $85.80 in a research note on Thursday, April 30th. Zacks Research raised Carvana from a “hold” rating to a “strong-buy” rating in a research note on Monday. Finally, DA Davidson raised their price objective on Carvana from $64.00 to $67.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.14.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. Ascentis Independent Advisors bought a new stake in shares of Carvana in the first quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Carvana in the fourth quarter worth about $29,000. Farmers & Merchants Investments Inc. bought a new stake in shares of Carvana in the fourth quarter worth about $29,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Carvana by 152.6% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 96 shares of the company’s stock worth $30,000 after purchasing an additional 58 shares during the last quarter. Finally, Motiv8 Investments LLC bought a new stake in shares of Carvana in the fourth quarter worth about $33,000. 56.71% of the stock is owned by institutional investors.
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.
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