Carvana Co. $CVNA Shares Bought by First Trust Advisors LP

First Trust Advisors LP raised its stake in shares of Carvana Co. (NYSE:CVNA) by 4.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 501,834 shares of the company’s stock after acquiring an additional 22,298 shares during the quarter. First Trust Advisors LP’s holdings in Carvana were worth $189,312,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CVNA. Vanguard Group Inc. raised its position in shares of Carvana by 5.4% during the 3rd quarter. Vanguard Group Inc. now owns 13,454,986 shares of the company’s stock worth $5,075,759,000 after purchasing an additional 690,756 shares during the last quarter. State Street Corp boosted its holdings in Carvana by 15.0% in the 2nd quarter. State Street Corp now owns 2,765,046 shares of the company’s stock worth $931,710,000 after buying an additional 361,624 shares during the last quarter. Geode Capital Management LLC increased its stake in Carvana by 11.0% during the 2nd quarter. Geode Capital Management LLC now owns 2,232,179 shares of the company’s stock worth $750,301,000 after buying an additional 221,161 shares in the last quarter. Sands Capital Management LLC raised its holdings in shares of Carvana by 1,374.3% during the second quarter. Sands Capital Management LLC now owns 901,227 shares of the company’s stock valued at $303,677,000 after acquiring an additional 840,096 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Carvana in the second quarter valued at approximately $259,468,000. Institutional investors and hedge funds own 56.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CVNA. Deutsche Bank Aktiengesellschaft dropped their price target on Carvana from $600.00 to $519.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. DA Davidson decreased their price objective on Carvana from $470.00 to $320.00 and set a “neutral” rating on the stock in a report on Thursday, February 19th. Barclays lowered their target price on shares of Carvana from $530.00 to $450.00 and set an “overweight” rating on the stock in a research note on Friday, February 20th. Citigroup dropped their target price on shares of Carvana from $550.00 to $465.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Finally, Stephens reissued an “overweight” rating and issued a $519.00 price target on shares of Carvana in a research note on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Carvana currently has a consensus rating of “Moderate Buy” and an average price target of $440.59.

Insider Transactions at Carvana

In other Carvana news, insider Thomas Taira sold 1,047 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $398.54, for a total value of $417,271.38. Following the transaction, the insider directly owned 66,625 shares in the company, valued at $26,552,727.50. The trade was a 1.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Mark W. Jenkins sold 12,750 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $410.19, for a total transaction of $5,229,922.50. Following the completion of the sale, the chief financial officer directly owned 202,817 shares of the company’s stock, valued at approximately $83,193,505.23. This trade represents a 5.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 300,673 shares of company stock valued at $133,268,531 in the last three months. 17.12% of the stock is currently owned by corporate insiders.

Carvana Stock Performance

NYSE CVNA opened at $317.69 on Friday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.73 and a current ratio of 4.31. The stock’s fifty day moving average is $399.42 and its two-hundred day moving average is $380.27. The firm has a market capitalization of $69.53 billion, a P/E ratio of 39.51 and a beta of 3.60. Carvana Co. has a fifty-two week low of $148.25 and a fifty-two week high of $486.89.

Carvana (NYSE:CVNA) last issued its earnings results on Wednesday, February 18th. The company reported $4.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $3.12. Carvana had a return on equity of 50.96% and a net margin of 6.92%.The business had revenue of $5.60 billion during the quarter, compared to the consensus estimate of $5.24 billion. During the same period last year, the company earned $0.56 EPS. The company’s revenue for the quarter was up 58.0% on a year-over-year basis. On average, research analysts anticipate that Carvana Co. will post 2.85 earnings per share for the current year.

Key Stories Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Zacks says Carvana has a clear path to a 13.5% adjusted EBITDA margin over time as fixed‑cost leverage and operational efficiencies scale (Q4 dipped to 9.1%). Will Carvana’s Fixed Cost Leverage Drive Its EBITDA Margin?
• Positive Sentiment: Zacks highlights Carvana’s push toward vertical integration (in‑house reconditioning, logistics, financing) as a structural margin tailwind and notes strong customer referrals that could support market‑share gains. Will Vertical Integration Strengthen Carvana’s Prospects?
• Positive Sentiment: Wholesale used‑vehicle prices (Manheim index) rose year‑over‑year in February, which can support retail pricing and gross profit per unit as the spring selling season begins. Used vehicle prices jump ahead of spring selling season optimism
• Neutral Sentiment: Industry and analyst sentiment remains generally constructive: Carvana has a consensus rating around “Moderate Buy,” reflecting mixed analyst views on near‑term execution vs. long‑term opportunity. Carvana Receives Consensus Rating
• Negative Sentiment: Retail GPU fell in Q4 (roughly a $255 decline), and rising reconditioning and logistics costs pressured margins; management says automation/scale should help, but near‑term recovery is uncertain. Carvana’s GPU Declines in Q4: What Will Drive Improvement?
• Negative Sentiment: Several analysts have trimmed near‑term estimates and price targets (e.g., Citi cut its PT), and headlines flag a “rough start” to 2026—these revisions are weighing on sentiment and the stock. Carvana Stock Continues to Slide As Analysts Lower Price Targets
• Negative Sentiment: Zacks Research issued mixed estimate changes: small raises for some later periods but meaningful cuts to near‑term quarters (Q2 2026, Q3 2027), underscoring uncertainty over short‑term profitability.

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.