Carvana (NYSE:CVNA) Insider Sells $375,838.55 in Stock

Carvana Co. (NYSE:CVNA) insider Thomas Taira sold 5,597 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $67.15, for a total value of $375,838.55. Following the transaction, the insider owned 315,075 shares in the company, valued at $21,157,286.25. The trade was a 1.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Thomas Taira also recently made the following trade(s):

• On Friday, May 8th, Thomas Taira sold 5,590 shares of Carvana stock. The stock was sold at an average price of $79.97, for a total value of $447,032.30.
• On Wednesday, April 8th, Thomas Taira sold 18,850 shares of Carvana stock. The stock was sold at an average price of $68.20, for a total value of $1,285,570.00.

Carvana Trading Up 1.0%

CVNA opened at $67.91 on Friday. The stock’s fifty day moving average is $71.18 and its two-hundred day moving average is $75.22. The company has a market capitalization of $74.49 billion, a P/E ratio of 41.31, a PEG ratio of 11.35 and a beta of 3.45. Carvana Co. has a 52 week low of $54.46 and a 52 week high of $97.38. 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 (NYSE:CVNA) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.69 EPS for the quarter, topping the consensus estimate of $0.32 by $1.37. The company had revenue of $6.43 billion for the quarter, compared to the consensus estimate of $6.12 billion. Carvana had a return on equity of 41.46% and a net margin of 6.40%. Analysts forecast that Carvana Co. will post 1.58 earnings per share for the current year.

Institutional Trading of Carvana

A number of institutional investors have recently made changes to their positions in CVNA. Vanguard Group Inc. boosted its position in shares of Carvana by 24.7% in the 4th quarter. Vanguard Group Inc. now owns 16,783,101 shares of the company’s stock worth $7,082,804,000 after purchasing an additional 3,328,115 shares in the last quarter. State Street Corp lifted its position in Carvana by 93.7% during the 4th quarter. State Street Corp now owns 5,714,779 shares of the company’s stock worth $2,411,751,000 after acquiring an additional 2,764,759 shares during the period. Capital Research Global Investors lifted its position in Carvana by 42.9% during the 4th quarter. Capital Research Global Investors now owns 5,700,953 shares of the company’s stock worth $2,405,959,000 after acquiring an additional 1,711,144 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Carvana by 8.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,726,838 shares of the company’s stock worth $7,481,081,000 after acquiring an additional 1,407,762 shares during the period. Finally, Geode Capital Management LLC lifted its position in Carvana by 55.4% during the 4th quarter. Geode Capital Management LLC now owns 3,880,711 shares of the company’s stock worth $1,632,763,000 after acquiring an additional 1,382,852 shares during the period. Institutional investors and hedge funds own 56.71% of the company’s stock.

Key Carvana News

Here are the key news stories impacting Carvana this week:

• 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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CVNA. BNP Paribas Exane increased their target price on Carvana from $77.60 to $85.80 in a research report on Thursday, April 30th. Gordon Haskett increased their target price on Carvana from $67.00 to $85.00 and gave the company a “hold” rating in a research report on Thursday, April 30th. Argus dropped their target price on Carvana from $500.00 to $100.00 in a research report on Monday, May 11th. William Blair reaffirmed an “outperform” rating on shares of Carvana in a research report on Friday, March 13th. Finally, Wedbush dropped their target price on Carvana from $100.00 to $85.00 and set an “outperform” rating on the stock in a research report on Thursday, February 19th. Two investment 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. According to MarketBeat, Carvana currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.14.

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.