Carvana (NYSE:CVNA) Stock: Insider J Danforth Quayle Sells 27,655 Shares

Carvana Co. (NYSE:CVNA) Director J Quayle sold 27,655 shares of the stock in a transaction dated Tuesday, November 10th. The stock was sold at an average price of $72.97, for a total transaction of $2,017,985.35. Following the sale, the director directly owned 187,305 shares in the company, valued at approximately $13,667,645.85. The trade was a 12.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

J Danforth Quayle also recently made the following trade(s):

• On Friday, October 30th, J Quayle sold 14,520 shares of Carvana stock. The shares were sold at an average price of $68.88, for a total value of $1,000,137.60.
• On Friday, August 14th, J Quayle sold 14,525 shares of Carvana stock. The shares were sold at an average price of $75.00, for a total value of $1,089,375.00.

Carvana Stock Performance

NYSE CVNA opened at $72.17 on Friday. The stock has a market capitalization of $79.62 billion, a price-to-earnings ratio of 35.56, a PEG ratio of 2.45 and a beta of 3.66. Carvana Co. has a twelve month low of $54.46 and a twelve month high of $97.38. The company has a current ratio of 4.05, a quick ratio of 2.43 and a debt-to-equity ratio of 0.86. The stock has a 50-day moving average of $65.79 and a 200 day moving average of $68.47.

Carvana (NYSE:CVNA) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.05). The business had revenue of $8.04 billion during the quarter, compared to analyst estimates of $7.71 billion. Carvana had a net margin of 6.21% and a return on equity of 34.77%. The firm’s revenue for the quarter was up 42.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.03 earnings per share. Sell-side analysts anticipate that Carvana Co. will post 1.56 EPS for the current fiscal year.

Top Carvana Stories

Investors following CVNA have been watching these stories:

• Positive Sentiment: Zacks Research raised several quarterly EPS estimates, including Q1 2028 to $0.83 from $0.68 and Q3 2028 to $0.91 from $0.85. These upward revisions offer some positive signals about potential earnings in select periods.
• Neutral Sentiment: Zacks also raised its Q2 and Q3 2027 EPS estimates slightly, to $0.60 and $0.69, respectively. Carvana research and stock information
• Negative Sentiment: A Yahoo Finance article considers the risk that cooling used-car demand could affect Carvana. Softer demand could weigh on sales and profitability, though the headline frames this as a scenario rather than confirming a current downturn. What Would Cooling Used-Car Demand Do To Carvana Stock?

Analysts Set New Price Targets

CVNA has been the topic of a number of research analyst reports. Robert W. Baird set a $72.00 price target on shares of Carvana in a research note on Thursday, July 30th. UBS Group reaffirmed a “buy” rating and set a $84.00 price objective (up from $83.00) on shares of Carvana in a report on Thursday, October 29th. Oppenheimer set a $90.00 price objective on shares of Carvana and gave the company an “outperform” rating in a report on Wednesday, September 30th. Morgan Stanley reiterated an “overweight” rating on shares of Carvana in a research report on Thursday, October 29th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Carvana in a research note on Thursday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $82.09.

Hedge Funds Weigh In On Carvana

Hedge funds and other institutional investors have recently made changes to their positions in the company. Empowered Funds LLC increased its position in shares of Carvana by 13.4% during the third quarter. Empowered Funds LLC now owns 102,778 shares of the company’s stock worth $6,428,000 after purchasing an additional 12,148 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its stake in Carvana by 0.3% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 44,930 shares of the company’s stock valued at $2,810,000 after purchasing an additional 148 shares during the last quarter. Steward Partners Investment Advisory LLC raised its stake in Carvana by 80.4% in the 3rd quarter. Steward Partners Investment Advisory LLC now owns 3,811 shares of the company’s stock valued at $238,000 after purchasing an additional 1,698 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in Carvana by 6.0% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 621,228 shares of the company’s stock valued at $38,852,000 after purchasing an additional 35,023 shares in the last quarter. Finally, Bleakley Financial Group LLC lifted its holdings in Carvana by 3.5% in the 3rd quarter. Bleakley Financial Group LLC now owns 25,342 shares of the company’s stock valued at $1,585,000 after purchasing an additional 853 shares in the last quarter. Hedge funds and other institutional investors own 56.71% of the company’s stock.

About Carvana

Carvana Co. operates an online platform for buying and selling used cars. Customers can browse vehicle listings, arrange financing, value a trade-in, and complete much of the purchase process online. The company also offers vehicle delivery or pickup, including at some locations with its distinctive car vending machines. Founded in 2012, Carvana has expanded its operations across the United States. Its services and vehicle availability vary by market, and the company supports its online marketplace with inspection, reconditioning, and logistics operations.